The Radford Free Press – Page 265 – All life is problem solving.

Economics / construction, deficits, Federal Reserve Board, GDP, inflation, ISM Business Conditions Index, jobs, manufacturing, monetary policy, unemployment /

News not Greek

November 2, 2011

It is hard at the moment not to be mesmerized by the melt down of the Euro. One moment we are told a major position has been established. The next, what was impregnable crumbles to dust in the face of inexorable economic and financial logic. As I see it default is both inevitable and desirable. […]

Economics / consumer confidence, credit default swaps, Euro, Fitch, GDP, household debt, personal incomes, recovery, retail sales, savings /

Weekend Round Up

October 28, 2011

It’s been a busy week. Particularly for sundry European leaders. Here’s a few suggestions for your consideration over the weekend. Are stock markets really that stupid? The extraordinary jump in the world’s various bourses at first sight of the Euro “solution” was out of proportion to the likely success of said solution. Actually it isn’t […]

Economics / consumption, deficits, exports, GDP, health care, imports, inventories, retail sales, stimulus, unemployment, wages /

The Economy Grows! So What?

October 27, 2011

The enormous sigh of relief we heard this morning when the GDP figures for the third quarter were released is absurd. I realize I am being a tad curmudgeonly here, but: so what? For the record this is the first, or “advance”, estimate and will go through two revisions before becoming final. Even after that […]