GDP Archive

U.S. and Eur Data/GDP Downgrades

Karim writes: U.S. data on the soft side (October) Most notable is core durable goods orders (capex has been gwth leader of late) falling 1.8% and 3mth annual rate slowing to 4% from 7.3% Core shipments (more important for current quarter growth) down 1.1% Personal spending up 0.1%. Personal income up 0.4% ...Read More

China News

Reads to me like policy is moving back towards growth and ‘inflation?’ I don’t expect runaway inflation but enough to continue to fundamentally continue to weaken the currency. China’s currency has been fundamentally weakened for the last couple of years, while being supported vs the dollar by foreign investment, speculation, and what ...Read More

France Unveils New Budget Savings as Growth Slows

May as well call it the Sarcophagus plan. It’s all they know how to do. And again, like the carpenter said of his piece of wood, no matter how many times I cut it it’s still too short. France Unveils New Budget Savings as Growth Slows By Alexandria Sagr November 7 (Reuters) ...Read More

Berlusconi Insists Italy’s Economy is Prospering

Berlusconi insisted that Italy’s economy was broadly prospering. “The restaurants and vacation spots are always full, nobody thinks there is a crisis,” he said. ...Read More

DJ Italy Will Pledge To G-20 To Start Cutting Debt Ratio

We’re all saved!!! *DJ Italy Will Pledge To G-20 To Start Cutting Debt Ratio In 2012 *DJ Italy Will Pledge “Rapidly Declining” Debt/GDP Ratio To G-20 ...Read More

Early Holiday Cheer…

As discussed last week, the latest euro package just announced is unravelling quickly as markets again realize there is no actual substance, and no operational path with regards to carrying any of it out. So things will deteriorate as described until markets again force further ‘action.’ At the same time, the austerity ...Read More

Crude Oil Update

Still seems to me that the idea that WTI appreciates to Brent as the Strategic Petroleum Reserve release winds down over the next few weeks is playing out as previously discussed. The WTI discount depends on a serious glut condition persisting, and the wind down of the approx 3.8 million barrels a ...Read More

China Extends Crackdown on Off-Balance-Sheet Loans

Cutbacks now will further slow things: China Extends Crackdown on Off-Balance-Sheet Loans July 4 (Reuters) — China’s bank regulator has cracked down on off-balance-sheet lending by the country’s banks, sources told Reuters on Monday, its latest step to prevent over-zealous and risky lending from hurting its financial system. China Banking Regulatory Commission ...Read More

Video of the Senatorial Forum at Trinity College

This is the video of the forum I participated in with Senatorial Candidates John Mertens, Robb Simmons, and Peter Schiff. Feel free to distribute! ...Read More

2009-04-29 USER

[Skip to the end] MBA Mortgage Applications (Released 7:00 EST) MBA Purchasing Applications (Released 7:00 EST) MBA Refinancing Applications (Released 7:00 EST) GDP QoQ Annualized (Released 8:30 EST) GDP YoY Annualized Real (Released 8:30 EST) GDP YoY Annualized Nominal (Released 8:30 EST) GDP Price Index (Released 8:30 EST) Core PCE QoQ (Released ...Read More