The Radford Free Press – Page 264 – All life is problem solving.

Economics / Case Shiller Index, consumer confidence, consumption, GDP, home prices, inflation, interest rates, pending home sales, real estate, retail sales /

Midweek Round-Up

November 30, 2011

This is getting monotonous: leave the news for a few days – as I did over the weekend until yesterday – and nothing much changes. We live in an era of economic nuance rather than change. Except for the Euro, of course, but that’s for tomorrow. Today let’s catch up on the data so far […]

Economics / bond markets, deflation, Euro, Germany, interest rates /

Euro Break-Up Beckons

November 24, 2011

It’s a holiday here in the US so we can all sit back and watch the slow motion dance towards the break-up of the Euro while we ponder our own ineptitude. An ineptitude that, fortunately, we can take a day’s break from. Why talk of the end of the Euro? Because of the spectacle that […]

Economics / consumption, GDP, inventories, recession, recovery /

GDP Revised Downwards

November 22, 2011

I don’t think there was too much surprise, except, of course, amongst the Wall Street stock market shills, in today’s announcement that third quarter GDP was lower than first reported. Growth was trimmed from 2.5% to 2.0%. The biggest shift down came in the form of a much reduced business inventory number. Apparently businesses had […]

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