I’ve previously noted that the hemline indicator and the nail polish indicator are signaling trouble ahead for the U.S. economy. A Yahoo! Finance report, „Women’s Dress Sales Suggest Recession:...
The good news, according to a new IMF working paper, Systemic Banking Crises Database: An Update, is that financial crises are more likely to begin in September than in any other month, which suggests we may have...
I know it’s not the sort of thing that people talk about when they are focused on what band-aid-cum-can-kicking „solution” authorities are going to come up with in the next 24 hours, but even if by some...
After this week’s jump in share prices, I reckon it won’t be long before some highly-paid „experts” are again heralding the arrival of another secular bull market. Unfortunately, along with all the...
One unspoken but key assumption of those who foresee a return to economic normalcy — which many seem to believe is already underway — is that the behavioral patterns that emerged in the wake of the worst...
Although relative comparisons are quite useful, the absolute numbers matter, too. In my experience, Wall Street „analysts” tends to give short shrift to the latter. That’s why, for example, they can argue...
I am not averse to using hard data to prove a point. But unlike many mainstream commentators, I find it useful — no, essential — to incorporate other kinds of information, including first-hand observations...
A new survey of U.S. household finances by British research firm Absolute Strategy Research suggests that Americans are not only pooh-poohing the notion that an economic recovery is at hand, they are becoming resigned to...
In „7 Reasons Why The Jobs Recovery Is Real This Time,” the Associated Press details what I would consider to be the positive spin on a variety of economic and political developments [highlighted in...
Wow. Talk about calling it like it is. The Associated Press is out with a report (via Business Insider), „David Stockman: You’d Be A Fool To Hold Anything But Cash Now,” featuring a no-holds-barred...