Category: Double Dip Recession
The analysis published under this category are as follows.Thursday, July 26, 2012
Continuing UK Recession / Economics / Double Dip Recession
Why Read: Because the United Kingdom is an important world economy, and because continuing recession in the UK does not bode well.
Commentary: It has been announced that:
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Wednesday, July 25, 2012
End is Near For U.S. Economic Rebound / Economics / Double Dip Recession
Since the start of the global economic recovery in 2009, the status of the U.S. economy has been a perplexing one. We’ve been bombarded with conflicting reports as to the economy’s strength or weakness at various times over the past 3+ years and at any given time it’s hard to get a good read on how well the domestic economy is performing overall.Read full article... Read full article...
Friday, June 22, 2012
Reasons Why U.S. Recession Has Arrived (Or Will Shortly) / Economics / Double Dip Recession
I am amused by the Shadow Weekly Leading Index Project which claims the probability of recession is 31%. I think it is much higher.
When the NBER, the official arbiter of recessions finally backdates the recession, May or June of 2012 appear to be likely months. Let's take a look at why.
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Sunday, February 05, 2012
U.S. Economy Flatlining, Biderman on the US Non-Farm Payrolls Report / Economics / Double Dip Recession
I spend a great deal of time looking at the various government reports, and especially the Payrolls report as you know. I keep my own spreadsheets with their data, and measure various changes in the way in which they calculate the seasonal adjustment factors, imaginary jobs, and prior revisions.
If I wish to leave you with one takeway, it is that the current use of the monthly headline number is more of a Sales and PR program for Wall Street and the government, and hardly the product of serious and thoughtful analysis of statistical data.
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Wednesday, November 23, 2011
U.S. Going into Double Dip Recession, Pimco's El-Erian Calls U.S. Economy 'Terrifying' / Economics / Double Dip Recession
ONLY ON BLOOMBERG TELEVISION: Pacific Investment Management Co.'s Chief Executive Officer Mohamed A. El-Erian told Bloomberg TV's Betty Liu and Dominic Chu this morning that U.S. economic conditions are "terrifying" as the nation struggles to recover from recession. El-Erian also said the odds of the U.S. returning to recession are as high as 50%.
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Tuesday, November 22, 2011
Europe Is in for a Long Recession / Economics / Double Dip Recession
Collectively, the 27 sovereign nations that make up the European Union (EU) most likely entered a recession this quarter. Chart 1 shows that EU industrial production contracted at an annualized rate of 15.5% in September vs. August, a near certain sign of a recession. Given that the EU represents the largest economy in the world, a recession there is no small beer for the rest of the world.
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Friday, November 18, 2011
Slowing Germany and Rising PIIGS Yield Make Perfect Economic Crisis Storm / Economics / Double Dip Recession
Germany registered an impressive quarter-on-quarter growth of 0.5% in the third quarter. However, the recent drop in the leading indicators suggests that the German economy will not expand much in Q4, if at all; it might even contract. The uncertainties triggered by the sovereign debt crisis are increasingly dampening activity. The growth rate for the second quarter was revised upwards, from 0.1% to 0.3%. This suggests that the German economy might expand by 3.0% in 2011 as a whole which is impressive but well baked into the price.
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Saturday, November 12, 2011
The End Of The Inventory Build Cycle Giving Birth to Recession / Economics / Double Dip Recession
"If you build it, he will come" ~ Field Of Dreams
Demand begets supply. Supply then fuels demand. Probably the most simplistic way to look at the economic cycle.
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Monday, October 31, 2011
Is the U.S. Consumer Spending Surge a 'Dance of Economic Death'? / Economics / Double Dip Recession
The latest economic headline came as a surprise to the pundits, though it actually makes perfect sense from a psychological standpoint. On Friday the Associated Press informed us of "Americans spending more with income almost flat," per the headline. At first glance this seems almost counterintuitive, yet the sub-heading of this A.P. story put it into perspective: "Americans find tiny returns on savings and decide to spend."
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Tuesday, October 04, 2011
This Economist is Forecasting a Recession, And He's Never Been Wrong / Economics / Double Dip Recession
David Zeiler writes: The U.S. economy is "tipping into a new recession" and there's nothing President Barack Obama or the U.S. Federal Reserve can do to prevent it, according to Lakshman Achuthan, co-founder of the Economic Cycle Research Institute (ECRI).
Now, if you're wondering why you should believe this prediction ahead of others then there's something you should know: According to The Economist, Achuthan's predictions on the direction of economy - either toward recession or recovery - have never been wrong.
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Sunday, October 02, 2011
Further Recession and Financial Turmoil in America and the EU / Economics / Double Dip Recession
Remember that $400 billion increase in debt recently enacted? Well it is gone and it only took six weeks. Washington has quite a talent for spending debt, which is other people’s money. Not satisfied the Senate, as we reported, added in another $500 billion. The media covered up the increase in debt by making a major issue of the President’s speech concerning jobs.
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Sunday, October 02, 2011
The Economic Recession As Forecasted By The Consumer / Economics / Double Dip Recession
“A vocabulary of truth and simplicity will be of service throughout your life.” — Winston Churchill
I prefer to keep things as simple as possible. Take for example the $14 trillion US economy. The most basic of tools, a survey has proven to be an excellent indicator of what otherwise could be a very complex analysis, forecasting economic growth.
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Saturday, October 01, 2011
Are Silver and Copper Prices Predicting a Global Recession? / Commodities / Double Dip Recession
Silver and copper have recently been going through their own private bear markets. Since the open on September 1st, silver futures have sold off by more than 25%. During the same time frame, copper futures sold off by around 24%. Both metals are extremely oversold, but lower prices are still possible.
Are the bear markets in copper and silver an attempt to warn market participants that slower economic condition are ahead? Are equities going to take a huge hit on slower future growth?
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Saturday, October 01, 2011
The Economy’s Real Problems! / Economics / Double Dip Recession
Some of this week’s economic reports provided at least small sparkles in the dark shadows that have dominated economic reports so far this year.On Thursday, the Commerce Department reported the economy grew at an annualized rate of 1.3% in second quarter, a bit better than the 1.0% it had previously reported. The Labor Department reported new weekly unemployment claims fell by 37,000 last week to 391,000, the first time new weekly claims have been under 400,000 a week since April. And the University of Michigan’s Consumer Sentiment Index ticked up to 59.4 in September after tumbling to near a three-year low of 55.7 in August.
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Saturday, October 01, 2011
U.S. Economy is 'Tipping Into a New Recession' / Economics / Double Dip Recession
Lakshman Achuthan of the Economic Cycle Research Institute told Bloomberg Radio's Tom Keene and Ken Prewitt this morning on "Bloomberg Surveillance" that the "U.S. economy is tipping into a new recession."
Achuthan said that "you have wildfire among leading indicators across the board," which is a "deadly combination" and "not reversible."
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Thursday, September 29, 2011
We’re in a Recession Right Now / Economics / Double Dip Recession
My posts today seem to have a Negative Nelly tone - I am looking very hard for some positive stories to offset what I'm posting. ;)
WSJ's Dealbook has an interview with one of the smartest men in the room - Doubeline's Jeffrey Gundlach. Many would consider this guy the best bond investor on planet Earth, alough PIMCO's Bill Gross gets all the press. His Total Return Fund is once again smacking its index year to date.
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Wednesday, September 28, 2011
Gary Shilling: U.S. Economy Going Into Recession and Deflation / Stock-Markets / Double Dip Recession
Economist Gary Shilling spoke about the outlook for the U.S. economy and Treasuries with Bloomberg Television's Erik Schatzker and Deirdre Bolton this morning. In August, Schilling correctly called the drop to below 3% on the 30-year Treasury yield. Today, he told Bloomberg TV that the S&P is going to 800 and by next year the economy will be in recession and deflation.
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Saturday, September 24, 2011
Dr Doom Roubini and Soros Say The U.S. Already in A Double Dip Recession / Economics / Double Dip Recession
Dr. Doom Roubini has grown even more pessimistic since he put a 60% probability of a U.S. double dip in 2012 just about three weeks ago. Business Day reported that speaking at a press conference in Johannesburg on Sep. 20, Roubini now says, "The US is already in a recession although it will not admit it." and that the rest of the world would not be insulated from the effects of another global meltdown. (Clip Below)
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Thursday, September 22, 2011
Hello Global Economic Recession 2011 / Interest-Rates / Double Dip Recession
If you did not know it before, you should know it now: The global economy is in recession.
Saturday, September 03, 2011
Global Economic Recession, Right Here, Right Now! / Economics / Double Dip Recession
It's time to stop debating whether or not the US or Europe is headed into recession. The facts show the entire global economy is in recession.
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