GDP: Lowest Inflation Rate in 5 Years
Barron’s Alan Abelson takes a look at Thursday’s GDP laugher, and sees the same issues we noted, plus a few more: "GDP,...
Is GDP (via BEA) Measuring Growth or Inflation?
We noted earlier today that the Bureau of Economic Analysis reported revised Q2 GDP data at a better-than-expected annualized 3.3%. As...
Goldman Sachs’ Jan Hatzius: Don’t Be Fooled by...
This whole week, I’ve been out of the office, and of course, each data release is I didn’t get a chance to review in real...
Q2 GDP = 3.3% (kinda)
GDP is out, ticking higher to 3.3% rather than 2.7% And if you believe that data, I also have a bridge for sale in Brooklyn. Why the beat...
Q2 GDP = 3.3%
GDP is out, ticking higher to 3.3% rather than 2.7% And if you believe that data, I also have a bridge for sale in Brooklyn. Why the beat...
The Best Central Banker in the World Today
Today’s guest post comes from Eddy Elfenbein of Crossing Wall Street fame. Eddy is classic Graham & Dodd investor. He is an...
Surprise! Income Rises (In 2006 from 2000)
Today’s media pick is from the NYT. For the first time since 2000, the average income actually rose in the US, according to IRS...
The Big Freddie Mac
Today’s guest post is from Rob, the founder of Business Pundit, now with Capitalist Banter: McDonald’s Corp. held a press...
PPI July 2008
The latest Producer Price Index for Finished Goods is out, and its screaming hot: It advanced 1.2% in July (seasonally adjusted). 1.2%...