Germany and Japan Return To Growth (For Now)
From Bloomberg: Euro-Area Economy Contracted 0.1% in Second Quarter (Update4) Bloomberg By Simone Meier Aug. 13 (Bloomberg) The
Today's Indicator Action
From Bloomberg: Fed meeting and Treasury purchases decision US Trade deficit Home prices
Inflection Point for Dollar as Risk Haven?
From The Financial Times: Speculation grows over dollar's turning pointBy Peter Garnham Financial Times Published: August 11 2009
Michael Mandel on Productivity Stats
I seem to recall there was a stretch in which productivity was revised downward for about five quarters in one
Climate Disobedience
Nice piece by Mark Engler at TomDispatch.com. They gave a nice introduction to the article, too, and they'
Monbiot on Fighting the Superstores
Tragic stuff. From The Guardian: My town is menaced by a superstore. So why are we not free to fight
Delasantellis on Foreclosed Home Sales
The Asia Times columnist sees a new breed of buyer--one that will buy-to-rent, and be financed by,
China's Wages "Miracle"
We've noted the dodgy nature of China's statistics before on this blog. But never regarding wages,
They Haven't Gone Away Yet...
And there's a commercial lending bust just round the corner that might deplete the capital the banks have
Bad News for Jobseekers: Productivity Surges
With its biggest quarterly gain in six years. But here's the dirty little secret: "According to the
Corporate Treasurers Continue To Hoard
Fearing another credit crunch. From Bloomberg: Treasurer Fear of Credit Freeze Seen in Cash Hoarding Update 2 By Bryan Keogh