Illusion of Prosperity

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.

Sunday, May 31, 2009

The Sarcasm Report v.29

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Investor Hopes for Rising Oil Demand Aren't Borne Out by Reality As an investor, rising oil demand is exactly what I'm hoping for. I...
10 comments:
Thursday, May 28, 2009

Harrah's Debt Solution

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Harrah's to issue $1B in new notes to pay old debt LAS VEGAS—Casino operator Harrah's Entertainment Inc. says it plans to sell $1 bi...
19 comments:

It's Just a Flesh Wound

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Show of hands? How many more days can oil rise before something seriously breaks again? It took $140+ to kill the global economy last time a...
11 comments:
Wednesday, May 27, 2009

The Sarcasm Report v.28

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Slumping Treasury bond prices send stocks lower "Will the economy grow and expand vigorously in the face of sustained higher interest r...
2 comments:

The Treasury Yield Curve and Stagflationary Thoughts

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Using monthly data going back to July of 2001, I have come up with the following closest match to the shape of the current yield curve (as o...

Is World Economy Bottoming?

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Who should we ask? The people? Banks? China? Oh, I know. Let's ask the People's Bank of China! World Economy Is Yet to Bottom, Peopl...
4 comments:

Oil Performance (Musical Tribute)

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1a. Oil prices rose much faster (in percentage terms) than stock prices and housing prices on the way up. 1b. Oil prices crashed much harder...
2 comments:
Monday, May 25, 2009

Mish the Optimist?

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Never thought I'd say that, but consider... May 25, 2009 Jobless Graduates Face Dismal Jobs Market Okay, the headline isn't all that...
7 comments:
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