QOTD: Wrong Side of the Market
Someone emailed me this great line. I wrote back, saying that’s great, I want to use it, who is the author? They answered...
Record Unemployment
> ~~~ Here is a major reason that a depression hasn’t appeared and the public is not in open revolt. AP: 20 million-plus collect...
Pending Home Sales experience the morning after
Nov Pending Home Sales, a measure of contract signings of existing homes, fell 16% m/o/m, dramatically weaker than expectations of a drop...
Morning Reads
A few items worth perusing: • Paul Volcker: The Lion Lets Loose (BusinessWeek) • A Japanese Rx for the West: Keep Spending AN...
Job Disappearance by County
Nice interactive map of vanishing employment, via Slate: Using the Labor Department’s local area unemployment statistics, Slate...
Media Appearance: MSNBC’s Morning Meeting
> This morning, I will visiting with Chris Jansing on MSNBC’s Morning Meeting. We will be discussing yesterday’s post on...
Germany joins with good data/Fed Gov says no inflation
After continued improvement in the economic data Monday in the US, China, and India, Germany joined with an unexpected fall in Dec...
Stopping Counter-Productive Mortgage Mods and Foreclosure...
“The choice we appear to be making is trying to modify our way out of this, which has the effect of lengthening the crisis. We have...
Read It Here First: Retailers vs Visa
Back in September, we discussed the brewing battle that was taking place between Retailers and Banks. Big stores prefer for you to use...
Sources: New Apple Tablet to Ship in March
The WSJ is reporting that Apple will be shipping its new tablet device in March 2010, according to “people briefed by the...