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Friday, October 7, 2011
• Posted in Economics by OffsiteConsumer credit in the U.S. unexpectedly dropped in August by the most in over a year.
Wednesday, June 8, 2011
• Posted in Economics by OffsiteThe Ceridian-UCLA Pulse of Commerce Index (PCI), a real-time measure of the flow of goods to U.S. factories, retailers and consumers, fell 0.9 percent on a seasonally and workday adjusted basis in May, after sliding 0.5 percent in April.
Thursday, December 30, 2010
• Posted in Economics by OffsiteBusinesses are finally borrowing again and banks appear happy to serve them at last.
Tuesday, December 28, 2010
• Posted in Economics by OffsitePrior to the start of 2010, Gerald Celente, an American trend forecaster, publisher of the Trends Journal, and an author who has made several accurate predictions like the 1987 stock market crash, the collapse of the Soviet Union in 1991, the 1997 Asian currency crash and the 2007 subprime mortgage scandal, made the following one of his Top 10 predictions for the year: - 8. Not Made In China. A “Buy Local/My Country First” backlash will be the first sign of what we forecast will become a massive, “circle-the-wagons” movement. As economies continue to decline and even more jobs are lost and/or sent abroad, it will be seen as politically incorrect and financially self-defeating to plunk down money to enrich multinationals at the expense of local and domestic producers.
Monday, December 27, 2010
• Posted in Economics by OffsiteDavid Einhorn, the hedge-fund guru who warned early that Lehman Brothers would collapse, now says that there is no reason for the Federal Reserve to keep the interest rate at zero.
Saturday, November 20, 2010
• Posted in Economics by OffsiteA “dysfunctional government” in the United States is hindering economic recovery, and the European debt crisis could make matters even worse on this side of the Atlantic, says international journalist Arnaud de Borchgrave.
Thursday, April 1, 2010
• Posted in Economics by OffsiteOMAHA, Neb. - The March Business Conditions Index for the Mid-America region climbed for a fourth straight month, pointing to a growing economy in the months ahead, according to the March Business Conditions survey of supply managers and business leaders in the nine-state region.
Tuesday, March 9, 2010
• Posted in Economics by OffsiteAbraham Lincoln once asked an audience how many legs a dog has, if you called the tail a leg? When the audience said “five,“ Lincoln corrected them, saying that the answer was four. “The fact that you call a tail a leg does not make it a leg.“
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