Morning stuff
ADP said there were 169k private sector jobs shed in Nov, 19k more than expected but down from 195k (revised from 203k) in Oct and is the...
Fed: We Will Pop Future Bubbles
“The best approach here if at all possible is to use supervisory and regulatory methods to restrain undue risk-taking and to make...
GM Resignation Open Thread
OK, geniuses, WTF does this mean? General Motors Co. Chief Executive Officer Fritz Henderson stepped down after running the biggest U.S....
A Difference in Sentiment
Each Tuesday, ABC News reports its weekly Consumer Confidence Index, which gauges confidence in the state of the U.S. economy. Not...
Bailout Nation Reviews (So Far)
Here are the full run of reviews of the book: Mainstream Media Reviews New York Times: Rescues Unlimited: Government as Wall Street’s...
Google Zeitgeist
Some pretty interesting graphs here: • Google Zeitgeist Global Overview • US Overview
Lending Less in China?
It’s hard to believe any of the economic data that comes out of China these days, but that doesn’t stop the Chinese...
Fed’s Plosser says inflation is a monetary phenomenon, in...
The best way to describe Fed actions over the past few years is that of an asymmetrical policy. Slash rates when the economy was...
Hussman on Wall Street’s Myopia
John Hussman: I was wrong. Not about the implosion of the credit markets, which I urgently warned about in 2007 and early 2008. Not about...
Economic data
Oct Pending Home Sales rose 3.7% m/o/m vs an expected fall of 1%. Gains were led by a 19.9% jump in the Northeast, an 11.6% rise in the...