Weekly Economic Update continued

Displaying Matches 20 thru 34 of 99 Found.  BACK NEXT

Rebound
The consensus view of forecasting economists at mid-year 2009 was that the global economy, at that time in its first overall recession since just after WWII, would not likely emerge from recession until perhaps 2010’s second quarter . . . more

One Step Forward...
The October U.S. employment report was a mix of good news and bad news... mostly bad. However, a number of data points within the report provide more support for the notion that U.S. economic growth has returned, with prospects for reasonable (if not exciting) economic performance during 2010 and 2011 . . . more

VAT Chance
No shortage of really bad ideas find(s) their way around the nation’s capital on a regular basis. One of the worst is now rearing its ugly head again (posted 11/5/09) . . . more

U.S. Economic Growth
The American economy returned to growth during 2009’s third quarter, a welcome departure from an extended period of painful economic contraction. While the return to growth is obviously a positive development, it does not suggest that problems with housing, commercial real estate, rising unemployment and continuing job losses are behind us (posted 10/30/09) . . . more

Poking Fun at Yourself
With no earth shaking global financial developments in recent days…and this old and decrepit body breaking down from tooooooo many airplanes in recent days and weeks… it seemed like a good time to peak inside the Tea Leaf vault for a piece we haven’t run for awhile. This piece was originally written by Todd Zagorec, a friend and former banking associate at KeyCorp. Todd has long been miscast in life. Rather than being a lawyer, he should have been a writer for Leno or Letterman (posted 10/22/09) . . . more

Travel Trash
“You can’t get corporate jets, you can’t go take a trip to Las Vegas or go down to the Super Bowl on the taxpayer’s dime”…noted President Obama last February in response to a question about financial institutions that had received TARP money holding lavish events... fair enough and quite appropriate . . . more

21 Straight
September employment data was nothing to write home about as the jobless rate rose again and job losses were worse than expected. The employment data adds to views that while the U.S. economy has likely turned the corner toward positive economic growth, the growth pace is not likely to be very impressive . . . more

The Fed’s Overseer
“The Federal Reserve should be abolished,” writes Ron Paul, “because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty.” (posted 10/1/09) . . . more

Happy Talk
The “dismal science” of economics typically focuses on “bad” news. We clearly face many significant challenges…no argument here. However, there are also many favorable developments taking place within the U.S. economy. This is our semi-annual update of “Happy Talk.” This Tea Leaf focuses ONLY on the “good” news… (posted 9/25/09) . . . more

Autumn View
The majority of forecasting economists see U.S. economic growth returning in the current quarter, with most forecasts actually revised higher in recent weeks to reflect stronger performance. Reasonably solid growth during 2009’s final quarter also seems on tap, with positive, but perhaps less robust, growth expected next year (posted 9/16/09) . . . more

Mixed Bag
U.S. employment data for August was a mix of “getting less painful” and “getting worse”…both as expected. The crux of the data was one more sign that the U.S. recession has largely run its course, although ongoing, but lesser, job losses and rising unemployment will remain the norm in coming months (posted 9/9/09) . . . more

Wouldn't it be Nice if...
…the President’s health care plan would include two critical components not being discussed by the Democrats—tort reform and eliminating barriers which prohibit insurance companies from competing across state lines (posted 9/2/09) . . . more

Fed Extension
President Obama made a solid choice yesterday to reappoint current Federal Reserve Chairman Ben Bernanke to a second four-year term. His initial fouryear appointment by then-President Bush expires on January 31, 2010 (posted 8/26/09) . . . more

China
This land of enormous scope, enormous opportunity, enormous population, enormous challenge, enormous pollution, and enormous growth continues to generate enormous emotion (OK, maybe one too many) as to its future role in the global community... (posted 8/10/09) . . . more

Getting Better (OK... Less Bad)
The latest U.S. employment report had more elements of good news than perhaps any report in nearly a year, although all is obviously not well with employment. Still, it is nice to talk about more signs of an American economy now very likely transitioning out of the longest and most painful recession in our lifetimes (posted 8/12/09) . . . more

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