Send Message
View as an RSS Feed
  • Eurozone unemployment rose in May to a record 11.1%, up from April's 11.0%. Spain's rate climbs to 24.6%. Greece clocked in at 21.9%. (PR .pdf)   [View news story]
    Spencer - disagree. The jobs we are creating are making this country poorer (service sector jobs). The imbalances in our economy are becoming much worse, the trade deficits will climb, and our debt will continue to explode. China is the key to this entire thing, and they've expressed concern about being the growth engine for the world. I foresee them cutting production to tame their out of control inflation. Besides, I think they are sick of eating our inflation.
    Jul 2, 2012. 08:24 AM | 3 Likes Like |Link to Comment
  • Markit flash eurozone PMI comes in at 48.7 vs. 49.2 expected and 49.3 prior, suggesting the eurozone has slipped back into a technical recession. Following the weak numbers, EU's Barroso says the sovereign-debt crisis is far from over. Euro -0.45% to $1.315.   [View news story]
    It's ok...CB's will make it all better.
    Mar 22, 2012. 05:28 AM | 1 Like Like |Link to Comment
  • The Fed is still set to launch QE3, with an announcement coming as soon as the April meeting, says Goldman's Jan Hatzius, fading what the economic headlines, stocks, and bonds are trumpeting. Yes, the economy is moving, he admits, but the Fed believes it needs to grow faster to bring unemployment down.   [View news story]
    ^like^ If they print more money, that will be a disaster. Boy oh boy.
    Mar 15, 2012. 03:26 PM | 2 Likes Like |Link to Comment
  • Property woes that hit the rest of the world years ago are now being felt in Australia where home sales volume fell 7.3% in January to an 11-year low. Household debt-to-income ratio of 150% is higher than the U.S. prior to the financial crisis and funding pressures are forcing banks to hike mortgage rates even as the central bank cuts.   [View news story]
    bullish...all of it.
    Mar 15, 2012. 09:45 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims: -2K to 351K vs. +4K consensus. Continuing claims -2K to 3.4M.   [View news story]
    pink ponies and purple unicorns for everyone!
    Mar 1, 2012. 09:15 AM | 1 Like Like |Link to Comment