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    Economics / ADP Employment Report, ISM Business Conditions Index, Keynes, recession, recovery, stimulus, unemployment /

    More Mixed Messages

    November 4, 2009

    Yesterday I reported that the news generally supported the view that we are well into recovery, albeit we are still in its early days. Today the news is decidedly more mixed. Such is life at this point of an economic cycle. The two data points we have to chew on today are the Institute of […]

    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 […]

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