Bernanke ready to act on economy
Federal Reserve chairman pledges to take action to boost slowing US economy.
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Bernanke says US recovery softer
US Fed prepared to take further steps to spur economy. 28 Aug 2010 1:52 PM
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Bernanke: U.S.…
Debt Overhang’s Effect on Business Investment and Economy
Business expansion is dragging and slowing the economic recovery, and it seems everyone is searching for reasons.
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No heartbeat for pre-GFC equity plays
The tendency to view the recovery through a pre-global financial crisis…
Image by c.e.andersen via Flickr I’ve had several clients recently ask me the same question: “Where’s the lead market headed next?” Well, I’m no soothsayer or seer, but I think these kind of trends are pretty easy to breakdown into reasonable predictions. Especially since the Internet is full of observable…
2010 is shaping up to be a good year. The economy is beginning to rebound and, according to most financial experts, most of us should begin seeing the benefits of a more stable and productive marketplace in the next several months. The housing market will most likely rebound for…
The Congressional Oversight Panel, which has been reviewing government efforts to rescue banks, released a report today, warning that bad loans and related securities remain a potential risk to the economy and small banks. Here are the key paragraphs (bold added): If the economy worsens, especially if unemployment remains…
Reader Mark sent me a link to a talk by Jon Fisher, a professor at the University of San Francisco School of Business. Jon made the point that housing starts and unemployment are inversely correlated. Of course readers here know that housing lead the economy, and employment lags. So naturally…
FAQ: How can the unemployment rate fall if the economy is losing net jobs, especially since the population is growing? This data comes from two separate surveys. The unemployment Rate comes from the Current Population Survey (CPS: commonly called the household survey ), a monthly survey of about 60,000 households.…
From the BEA: Gross Domestic Product: Second Quarter 2009 (Advance) Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 1.0 percent in the second quarter of 2009, (that is, from the…
From San Francisco Fed President Janet Yellen: Outlook for the U.S. Economy and Community Banks . A few excerpts: [T]he normal dynamics of the business cycle are turning more favorable. Some sectors are poised to rebound simply because they have sunk so low.
Read more here – Fed’s Yellen: Outlook…
7/22/09 – Nightly Business Report, PBS – NYU Professor Nouriel Roubini’s Outlook on the Economy Transcript from PBS : Wednesday, July 22, 2009 SUZANNE PRATT: Joining me now with his thoughts on health care and the economy is Nouriel Roubini. He is the economics professor at NYU’s Stern School…