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    Economics / GDP, ISM Business Conditions Index, jobs, manufacturing, recession, recovery, retail sales, unemployment /

    Our Boom in Hyperbole

    January 3, 2011

    With the year end break behind us we can return our thoughts to more mundane matters, such as the apparent boom about to sweep through the US economy. At least that’s the sentiment that seems to have sprung up while I my attention was diverted elsewhere. Everywhere I look I read headlines announcing the imminence […]

    Economics / Case Shiller Index, home prices, real estate, recovery, wages /

    US House Prices Slip Again

    December 29, 2010

    There was considerable doom and gloom this morning after the monthly Case-Shiller index report showed further slippage in home prices in the top twenty cities of the US. The latest figures are for October since gathering this data takes a while, and show a national dip of 1.3%, which represents a small acceleration of decline […]

    Economics / capacity utilization, commodity prices, inflation, recovery, stimulus, unemployment /

    Inflation: The Fed’s Fault?

    December 29, 2010

    There is no point in my wading in too deeply on this topic. Many of you have asked whether commodity prices are not a sure sign of impending inflation, and whether this implies the Fed’s expansionary attempts are ill advised. Yes. And no. Sort of. That commodity prices are rising is undoubtedly a source of […]

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