…the ISM non-manufacturing survey once it is published, since it now plays an increased role in my forecasting]. Initial claims rose 4,000 last week to 238,000, while the four week…

…held off hoisting a red flag last month because of the hurricane effects in the South. With that dissipated, I am hoisting the red flag now: housing is forecasting recession….

…risks increase. While the housing sector is forecasting recession in the near future, the jury is very much out on other important forecasting components such as corporate profits in the…

…was and is being driven by greed.  Now, the protection of this avaricious economic model is being held over our heads by the thread that we are damned to economic…

by cactus Economic Catastrophes – Another Look at Economic Performance by Presidential Party Since we’re in a period of economic crisis, I started thinking about crises of the past. Its…

…from current economic theory, but rather from the 50 year old efforts at mathematical economic theory. Thus the New York Times Op-ed page is not to be blamed for publishing…

by Sandwichman (reposted from Econospeak) Public Works, Economic Stabilization and Cost-Benefit Sophistry I. Public Works and Economic Stabilization This is where it all began. The National Resources Board’s 1934 Report…

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label…

…ridiculous. But it does have the advantage of carrying with it the Madisonian Freedom/Liberty tag, a label that the Koch right confers upon anything it wishes, because that surely will…