The Radford Free Press – Page 466 – All life is problem solving.

Economics / bailouts, consumption, Federal Reserve Board, GDP, interest rates, jobs, Minsky, recession, recovery, stimulus, unemployment /

Monday Morning Blues

August 17, 2009

Originally I thought that today would be a sleepy summer day, perhaps a day off. But Wall Street seems to be roiled and has begun to reverse the steady march it had been on since the early part of the year. I wonder why? Here’s what I see going on. As we all know Wall […]

Economics / consumer confidence, Consumer Price Index, CPI, inflation, inflation expectations, wages /

Consumers Swoon; Inflation Flat; Weak Weekend

August 14, 2009

The flow of weak data continued this morning and leaves us all with plenty to ponder over the weekend: the economy may well be headed out of recession as inventories are adjusted, but beyond that the horizon is murky to say the least. The theme all week has been the abrupt ebbing of forward momentum […]

Economics / jobs, recession, recovery, retail sales, stimulus, unemployment /

Retail Sales and Jobs: Both Weak

August 13, 2009

For those in search of evidence that the recovery will be robust today is a distinct downer. The only good piece of news released today is that the inventory to sales ratio is still declining which tells us that businesses are getting closer to getting their houses in order, albeit at much lower levels of […]

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