Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.
Friday, March 06, 2009
The Truth Behind the Headline Unemployment Numbers / Economics / Recession 2008 - 2010
By: Andy_Sutton
The much-anticipated employment situation report for February 2009 has now been released. Markets breathed a sigh of relief, following recent conventional wisdom that things could have been much worse. Clearly they could have been. Clearly they are. December and January's numbers were both revised much higher (577,000 to 681,000 and 589,000 to 655,000 respectively). There is little doubt that when next month's report rolls around that the current stated loss of 651,000 will be revised much higher as well; likely to the 700,000 area.Read full article... Read full article...
Friday, March 06, 2009
Economic Stimulus Plan Lacks Backbone / Economics / Economic Stimulus
By: Jennifer_Barry
Infrastructure falls below most investors' radar, but it's a globally important theme. Developing nations have to replace crumbling structures built by former colonial rulers, as well as construct new pipelines and mass transit to serve their exploding populations. In nations like China, millions have moved from rural to urban areas, requiring a huge expansion of infrastructure. Even with the economic crisis, the middle class is a powerful force in developing nations. Newly prosperous citizens want more than just basic sanitation and transportation, however. They desire First World quality infrastructure, and they can increasingly afford to pay for it. Read full article... Read full article...
Friday, March 06, 2009
Unemployment Soars to 8.1% as Jobs Contract 14th Straight Month / Economics / Recession 2008 - 2010
By: Mike_Shedlock
This morning, the Bureau of Labor Statistics (BLS) released the February Employment Report . Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors. Read full article... Read full article...
Friday, March 06, 2009
Quantitative Easing Won't Work, Another Nasty Surprise for the Stock Market / Economics / Quantitative Easing
By: MoneyWeek
So here we go. Into the great unknown.
The Bank of England has switched the printing presses on. The Government has effectively written itself a dirty great cheque to fund all the extra spending it's going to be doing over the next few years (for more on the details, see Why quantitative easing won't work ).
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Thursday, March 05, 2009
China's Economy Recovers as Stock Markets Turn Bullish / Economics / China Economy
By: Prieur_du_Plessis
China's manufacturing Purchasing Managers' Index (PMI) strengthened for a third consecutive month in February, climbing to 49.0% from 45.3% the previous month. Li & Fung Research Centre reports that there were some encouraging signs: all sub-indices were higher than their respective levels in the previous month though many were still lower than the critical level of 50% (i.e. still contracting). Read full article... Read full article...
Wednesday, March 04, 2009
When Debt Securitization Blew Up So Did the Economy / Economics / Credit Crisis 2009
By: Mike_Whitney
"Nothing we do for banks is for banks. It's all for the benefit of the people that depend on banks -- the businesses, the families, the students -- that require credit in order to do things that are important to their future." Treasury Secretary Timothy Geithner PBS Jim Lehrer News Hour
One thing is certain, this isn't a normal recession. In a normal recession aggregate demand declines, economic activity slows, and GDP shrinks. While those things are taking place now, the reasons are quite different. The present slump wasn't brought on by a downturn in the business cycle or a mismatch in supply and demand. It was caused by a meltdown in the credit system's central core.
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Wednesday, March 04, 2009
Iron Law Of The Burden Of Debt / Economics / US Debt
By: Professor_Emeritus
In my article Growth and Debt: Is There a Trade-off? (February 12, 2009) I have stated the "Iron Law of the Burden of Debt": The liquidation value of total debt doubles every time the rate of interest is halved.
I have received several comments from thoughtful readers.
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Wednesday, March 04, 2009
Deflationary Depression or Hyperinflation? / Economics / Economic Depression
By: Brian_Bloom
In summary, the following analysis / argument concludes that Depression is a far more likely outcome than Hyperinflation.
The mathematics of inflation is as follows:
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Wednesday, March 04, 2009
The Old Consumer Economy Faces A New Era Of Thrift / Economics / US Economy
By: Guy_Lerner
The troubles in the financial markets over the last year will lead to a new era of thrift, and this will be radically different than the past 20 years of excesses as consumers change their habits. Consumers are already retrenching and increasing their savings amongst the economic uncertainty, but I think these changes portend an even deeper shift in personal behavior. Read full article... Read full article...
Tuesday, March 03, 2009
The End of the Consumer Credit Empire: Stairway to Retail Heaven / Economics / US Economy
By: James_Quinn
There's a lady who's sure All that glitters is gold
And she's buying a stairway to heaven
When she gets there she knows
If the stores are all closed
With a word she can get what she came for
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Tuesday, March 03, 2009
U.S. Economic Crisis Replay of Japan's Lost Decade Depression / Economics / Economic Depression
By: Money_Morning
Keith Fitz-Gerald writes: If you want a real look at what's headed this way, ask Hideko Toyotomi. When Japan's so-called “Lost Decade” began with a bang in the early 1990s, she was an “OL” - an office lady - working in one of Japan's mightiest corporations and she kept her job, despite the downturn. Read full article... Read full article...
Monday, March 02, 2009
U.S. ISM Manufacturing Sector Contracts 13th Consecutive Month / Economics / Recession 2008 - 2010
By: Mike_Shedlock
The Institute for Supply Management February 2009 Manufacturing ISM Report On Business shows "Economic activity in the manufacturing sector failed to grow in February for the 13th consecutive month, and the overall economy contracted for the fifth consecutive month." Read full article... Read full article...
Monday, March 02, 2009
U.S. Lost Decade as Record Job Losses to Continue / Economics / Recession 2008 - 2010
By: Money_Morning
William Patalon III writes: T.G.I.M (Thank goodness it's March). Unfortunately, that's what investors were saying when they closed the books on January and times have only gotten worse. The economy is weaker; the markets are lower; consumers are more frightened; and businesses of all shapes and sizes continue to struggle. Read full article... Read full article...
Sunday, March 01, 2009
Global Recession Deepens as No End to Financial Collapse / Economics / Recession 2008 - 2010
By: Prieur_du_Plessis
Reuters: Soros sees no bottom for world financial “collapse” “Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
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Sunday, March 01, 2009
Saving America From Further Crisis In The Age Of The Great Depression II / Economics / Economic Depression
By: Submissions
Dr. Raju M. Mathew writes:
The Great Depression II
America is in the grip of the Great Depression II of 2009. It is in crisis for a minimum period of five years. Its economy is weak and sick. It is not at all competitive for its cost of production is the highest as its cost of living. The American thinks tanks and lobbyists of big corporations, especially of the defense industry and arm traders have made everything complex without any simple solution with their wrong projections and ill-advices.