Daily Archives: May 8, 2009 @ 3:59 pm (Friday)

Macroeconomic Review

[Skip to the end] Briefly, in mid 2006, I had written that the Fed’s financial obligations ratios suggested that the federal deficit had gotten too small to sustain the kind of growth we’d been seeing, and that aggregate demand would … Continue reading

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2009-05-08 UK News Highlights

[Skip to the end] This highlights my macro themes. Highlights U.K. Producer Prices Increase Most in 10 Months Rising crude prices driving up CPI. U.K. Homebuyers Bet Property Recovery to Be Illusory No one believes fiscal policy works. Julius Says … Continue reading

Posted in UK |

2009-05-08 USER

[Skip to the end] Karim writes: NFP -539k; net revisions -66k, and +60k contribution from census workers (census workers will add about 75k jobs/mth thru year-end) Underlying trend doesn’t show any real change Index of aggregate hours down another 0.6% … Continue reading

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