Summers: Good Riddance
The good news: Summers is gone Jan 1 (no word yet on Geithner). The bad news? I am not sure what (if any) impact this will have on the...
Tuesday (YAWN) Non-Fed Links
Yeah, yeah, no change from the Fed QE/ZIRP blahblahblah. I am sick of the incessant Fed watching . . . Its become so predictable and...
Religion & Writing Proficiency
What does this mean for a Jewish Zen Atheist ? > via The REAL ‘Stuff White People Like’
Printing, spending, borrowing, inflating, our path to health?
The FOMC said they are “prepared to provide additional accommodation if needed to support the economic recovery and to return...
FOMC Statement
Here is the annotated FOMC statement: Information received since the Federal Open Market Committee met in August indicates that the pace...
Job Change Post-Recessions
Nice chart comparing the post recession job recoveries going back to 1969, via NYT: “After the last recession ended –...
Housing Starts and Permits rise but mostly multi family
Aug Housing Starts totaled 598k annualized, almost 50k higher than expected and up from a revised 541k last month (from 546k). Permits...
Getting Lehman Profoundly Wrong (Right)
Vincent Reinhart gets the Lehman collapse precisely right at The American (a Journal of the American Enterprise Institute). Regular...
Prechter WTF Forecast: Dow 2,000
Prechter: Bulls Go to Extremes: Don’t Buy the “Breakout”, Sell It Prechter: My Charts Say DOW May Plummet To 2,000 ~~~...
Morning stuff
Aug Housing Starts totaled 598k annualized, almost 50k higher than expected and up from a revised 541k last month (from 546k). Permits...