I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
In Which I disagree with Clive Crook
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In this Bloomberg column, Clive Crook criticizes Paul Krugman for 1) being
right all the time, and 2) showing insufficient respect for those who are
wrong ...
ATA Trucking Index decreases slightly in April
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This is a minor indicator that I follow.
From ATA: ATA Truck Tonnage Index Fell 0.2% in April
*The American Trucking Associations’ advanced seasonally adju...
The Market Ticker - WorstBuy: A Revenue Problem
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Best Buy (NYSE: BBY) reported this morning; here's the short version:
THE CONTEXT: Its adjusted earnings beat Wall Street expectations, but
revenue fell ...
Egypt Credit Downgrade: CCC+
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From the Financial Times:
*The S&P report described Egypt’s outlook as “stable” because of the
willingness of the international community to prop it up. Qa...
Something Ventured
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Venture capital is one of the most exciting areas of finance and investing
because it deals with the starting and creation of businesses. It is the
rawest ...
What is Suntech Worth? ($STP)
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Suntech Power - the holding company - owns stakes in a handful of
subsidiaries e.g. the Wuxi manufacturing sub and the Global Solar Fund.
Knowing what we k...
Colleges Take Back No-Loan Promises
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Claremont McKenna College (CMC) announced it will end its “No Package Loan”
financial-aid policy beginning next fall for incoming freshmen,… Continue
Rea...
About The IRS Bit
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Here is the IRS internal report on the matter, which clearly establishes
that illegal criteria were used to select cases for processing and that the
additi...
Today’s Payrolls Data Worse Than Spinmeisters Say
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The Monthly payrolls data from the BLS shows, over the past year: * About
1.9 million more jobs, but only a 1.3% increase in jobs * Job growth is
about the...
Gold reversion time
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With the incredible one day 5.68% drop in the gold price today, the
correlation that has existed since 2001 with the growth of US debt came to
an abrupt en...
You are what you Eat
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Throughout Human history starvation was always a constant threat. Now a new
threat looms, the threat of obesity. People are getting fatter. Starting in
the...
Making Billions From Female Millennials
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*Fashion companies have routed the S&P 500 during the time period of 2009
to 2013; during this period, one company experienced over 2400% growth
(blue li...
Retail Gasoline Prices Revisited
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Been awhile, but here is an update of the all in average retail price per
gallon of gasoline in the USA. I like to look at the 52 week MA as a proxy
for ...
Fed failed to predict 2008 recession
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Fed Admitted Ignorance, Underplayed Severity Of Situation Just Ahead Of
Massive Crisis, New Docs Reveal
01/18/2013
"If you want to feel confident that the ...
Final Curtain
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*European finance officials have discussed limiting the size of withdrawals
from ATM machines, imposing border checks and introducing euro zone capital
con...
credit rating opinions?
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With credit ratings agencies essentially poised to reject refinancing plans
for Portugal and Greece it may be well to remember who pays the agencies’
bills...
5 comments:
I nearly named this post...
When "Sure Things" Break
The data was following that blue trend line extremely predictably right up to the point it wasn't.
That's exactly how a complex system is supposed to break. Everything seems stable for a long time, stresses build up, then the catastrophe.
Here are more examples:
Avalanche
Earthquake
Volcanic Eruption
...
...
T-bill rates?
Who knows?
Mr Slippery,
Camel's back! ;)
I think T-Bill rates will show surprisingly strong resilience for at least a few more recessions.
Just an opinion!
Look at the raw data.
It's the damned Loch Ness Monster.
http://research.stlouisfed.org/fredgraph.png?g=cOf
JzB
Jazzbumpa,
Damn it! Gridlock-ness Monster! ;)
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