Daily Archives: August 16, 2010 @ 9:21 am (Monday)

Robert Reich’s article

Forget a Double Dip. We’re Still in One Long Big Dipper. By Robert Reich August 14 — It’s nonsense to think of the economy heading downward again into a double dip when most Americans never emerged from the first dip. … Continue reading

Posted in Deficit, Employment, GDP, Government Spending | Tagged , |

China buying euros

China shifting towards euro buying might indicate they want to beef up exports to the eurozone. And China probably knows with the credit issues in Europe the last thing the euro zone can do is discourage them from buying euro … Continue reading

Posted in China, Currencies, ECB, Japan |

Lowe’s misses, but sales and earnings rise

Negative headline for a slight miss, and 3.8% top line growth and double digit earnings growth year over year. And that is in Q2 where GDP growth was probably only 1% or so, and still looking a bit higher for … Continue reading

Posted in Employment, Equities, GDP, Government Spending | Tagged |

Valance Chart Review

Link: Valance Chart Review (PDF)

Posted in Comodities, Deficit, ECB, Economic Releases, Employment, Equities, GDP, Government Spending | Tagged |

average car prices rising

Interesting data point. Perhaps a bit more evidence of the real wealth flowing from low to high income Americans: The proof is emerging in dealer showrooms, where customers are buying more of Detroit’s cars and paying higher prices. In July, … Continue reading

Posted in Uncategorized | Tagged |