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    Economics / banking, deflation, jobs, Minsky, recovery, stimulus /

    What Happens Next?

    February 15, 2010

    There is no news today, so the sluggish economy is matched by the sluggish flow of data. Things will perk up later in the week, but now seems like a good time to try to envisage what happens next. The economy has undoubtedly bounced up from the deep trough it hit last year. A whole […]

    Economics / consumer confidence, consumption, recovery, retail sales /

    A Patchy Week Ends … Patchily

    February 12, 2010

    Well we really do have a case of the winter blues. Two reports are worth talking about today: retail sales, which showed some growth; and consumer sentiment which faded away a little. The net effect? Smartly sideways. First retail sales. After December’s poor showing, we needed a little lift in January which is exactly what […]

    Economics / jobs, unemployment /

    Jobs: That’s Better!

    February 11, 2010

    Amidst all the stupid hysteria about the weather – as if we haven’t seen big storms before – news about the economy has been hard to find. Perhaps that’s good after all the rotten news we’ve been deluged with for the last couple of years. Still it’s nice to emerge from the igloo and read […]

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