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    Economics / auto sales, commercial real estate, deficits, factory orders, fiscal policy, GDP, ISM Business Conditions Index, loan losses, recession, recovery, stimulus /

    More Evidence of Recovery

    November 3, 2009

    Not that we need any more evidence, but the last two days have produced a couple of data points to support the general theme of near to medium term growth. Naturally last week’s GDP figures are definitive with respect to the general picture. Of more interest is the data that allows us to determine whether […]

    Economics / GDP, Paul Krugman, recession, recovery, stimulus /

    Krugman on the 3rd Quarter

    October 30, 2009

    I pass along a link to Krugman’s blog because I think he makes a good point. One of the more frustrating and amusing aspects of the entire stimulus debate was the apoplectic opposition that could muster nothing but the usual bromides about government spending. So it’s fun to see them all twittering about the success […]

    Economics / auto industry, consumer confidence, consumer sentiment, GDP, Goldman Sachs, recovery, regulation, stimulus /

    Consumer Downer

    October 30, 2009

    All of my warnings about the medium term outlook seem to be confirmed by today’s consumer sentiment survey results from the University of Michigan. This is the third, and most frequent, of the surveys that attempt to measure consumer confidence. The data released this morning suggests a modest uptick from early October – the index […]

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