Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.Thursday, June 23, 2011
Stealth QE3 Comes to Fruition, Soaring Inflation is Next / Economics / Inflation
David Zeiler writes: U.S. Federal Reserve Chairman Ben Bernanke did what most everyone expected yesterday (Wednesday) at the culmination of the Federal Open Market Committee's (FOMC) two-day meeting - he left average Americans vulnerable to the pangs of higher prices and soaring inflation.
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Thursday, June 23, 2011
U.S. Horrific National Debt, Are You Prepared For The Coming Economic Collapse And The Next Great Depression? / Economics / US Debt
Michael Synder writes: It really is hard to find the words to describe the true horror of the national debt. The U.S. government has been on the greatest debt binge in all of human history, and a day of reckoning is coming that is going to be so painful that it is going to shock America to the core. We have lived so far above our means for so long that none of us really has any concept of what "normal" is like anymore. The United States has enjoyed the greatest party in the history of the world, but now this decades-old party is ending and the bills are coming due. It was Dick Cheney who famously said that "deficits don't matter". Well, try telling that to the nation of Greece right about now. The horror that Greece is just beginning to experience is a preview of what is going to happen to us as well. Only when it happens to us it is going to be so much worse, because when we go down we are going to bring the entire global financial system down with us.
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Wednesday, June 22, 2011
Europe and America and the The Global Debt Crisis / Economics / Global Debt Crisis
On December 15, 2010, in the GEAB N°50, LEAP/E2020 anticipated the explosion of Western government debt (1) in the second half of 2011. We were then describing a process that would start with the European government debt crisis and then set fire to the heart of the global financial system, namely US federal debt (2). And here we are with this issue at the start of the second half of 2011, with a global economy in complete disarray (3), an increasingly unstable global monetary system (4) and financial centres in desperate straits (5), all this despite the thousands of billions of public money invested to avoid precisely this type of situation. The insolvency of the global financial system, and of the Western financial system in the first place, returns again to the front of the stage after just over a year of political cosmetics aimed at burying this fundamental problem under truckloads of cash.
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Tuesday, June 21, 2011
Stocks, Demographics, Sovereign Debt and Global Food Prices Economic Report / Economics / Global Economy
This week's Outside the Box is from one of the more interesting thinkers and observers of the markets I know, Simon Hunt. When we get together in London, conversations are lively, as we don't always see eye to eye; but we can always discuss, in a very civil manner, the affairs of the world. This particular piece is wide-ranging and thought-provoking. Simon is always ready to apply actual times to his predictions, and he has held steady on them for years.
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Monday, June 20, 2011
U.S. Economy 2011 Mid Year Forecast Update / Economics / US Economy
The story remains pretty much unchanged relative to what I have been discussing over the past several months.
Throughout our research publications I have been pointing to the impressive earnings from U.S. corporations. I have also noted numerous upward revisions in 2011 EPS, which of course implies a higher stock market. As a consequence, I have been bullish throughout this, as well as over the previous year. At the same time, I discussed my expectations of a weaker economy in the second half of the year.
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Monday, June 20, 2011
How An Economy Collapses / Economics / Great Depression II
Chris Martenson: Welcome to another ChrisMartenson.com podcast. I am Chris Martenson your host today as usual. Today we’re speaking with Fernando “FerFAL” Aguirre author of Surviving the Economic Collapse. FerFAL experienced the hyperinflationary destruction of Argentina’s economy in 2001 and has since dedicated his professional career, like I have, to educating the public about his experiences and observations of its lingering aftermath. Given the rising concerns that we all have today about the future of fiat currencies, our listeners are increasingly asking to hear from voices that have firsthand experience with extreme currency devaluation, what it means, how it actually feels, how it plays out. So we’re very fortunate FerFAL is able to join us today from his home in Argentina. We’re going to be discussing the signs that preceded the collapse in his country and what has defined the society since, including smart moves to take if worried about a similar fate happened in one’s own country and how would you know where you are in the story as it unfolds. So FerFAL, we’re so glad to have you with us today.
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Sunday, June 19, 2011
How to Protect Yourself From the Debt Crisis Second Recession / Economics / Global Debt Crisis
Jim Rogers On The Ratigan Show, Tells Viewers To Get Ready To Protect Themselves.
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Sunday, June 19, 2011
U.S. Economic Contraction And The Pending Greek Debt Default / Economics / Global Debt Crisis
This week saw further confirmation of a deteriorating US economy as both the Empire State and Philly Fed surveys continued their reversals and showed outright contraction. What was viewed by many as a soft patch indeed is much deeper.
Additionally retail sales contracted showing the consumer to be weaker than economists and markets had predicted. Of the four GDP components the consumer was the only one showing strength yet as witnessed by the Q1 GDP revision they in fact are not strong.
Saturday, June 18, 2011
Market Assessment of Inflation Has Changed / Economics / Inflation
The core Consumer Price Index (CPI), which excludes food and energy, increased 0.3% in May from the previous month and moved up 1.5% on a year-over-year basis and which leaves the Fed less comfortable than it has been in the past few months.Read full article... Read full article...
Saturday, June 18, 2011
U.S. Index of Leading Economic Indicators Suggests Mild Growth / Economics / Economic Recovery
The Conference Board's Index of Leading Indicators (LEI) increased 0.8% in May after a 0.4% drop in April. The year-over-year change of the LEI in the second quarter (April-May average) moved up 5.00% after advancing 5.5% in the prior quarter. The recent peak of the year-to-year change of the LEI was 10% in the first quarter of 2010. The year-to-year change of the index since the early months of 2010 has maintained a decelerating trend, implying that only a mildly positive pace of economic growth is likely in the quarters ahead.
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Friday, June 17, 2011
More Signs That Society Is Collapsing / Economics / Great Depression II
Economic Collapse writes: What we are now witnessing is the slow motion unraveling of America. Our economy is dying, the American people have lost faith in the government and in almost all of our other major institutions, and our society is collapsing. Most Americans don't understand why all of this is happening, but most of them do realize that something has fundamentally changed. Earlier this year, McDonald's held a "National Hiring Day" and a million Americans showed up to apply for jobs. Only 62,000 of them were hired. That means only 6.2% of the applicants got jobs. So what are we supposed to tell the 93.8% that didn't get hired? Are they supposed to have any hope for the future when they can't even get a minimum wage job at McDonald's? When I was a teenager, I went over to McDonald's one day, filled out an application and was instantly hired. My, how things have changed. Now we have millions upon millions of young people that are staring directly into a very bleak future. The level of frustration in this country is rising to frightening levels and large numbers of people are already showing that they will stoop to anything in order to survive.
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Friday, June 17, 2011
U.S. Mixed Economic Reports, Housing Starts Moved Up, Jobless Claims Declined / Economics / US Economy
Economic reports of the past two days present a mixed picture of underlying economic conditions. Factory production data excluding autos moved up but factory surveys - Empire State Manufacturing Survey and factory report from the Federal Reserve Bank of Philadelphia--point to a weakening of activity. The National Association of Home Builders continue to believe that the housing market is in a slump, but today's housing starts data suggest a small turnaround. Jobless claims numbers point to a small improvement, but the level of jobless claims is elevated.
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Wednesday, June 15, 2011
U.S. Jobs Market is Headed for a Double-Dip / Economics / Employment
Jason Simpkins writes: After showing some improvement over the past year, the U.S. job market is now beginning a double-dip.
The reason is simple: The number of start-up businesses has hit its lowest level since at least the early 1990s.
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Wednesday, June 15, 2011
Small Businesses Remain Pessimistic About the Near Term / Economics / US Economy
The survey of the National Federation of Independent Business continues to show a pessimistic outlook about business conditions in the near term. The Small Business Optimism Index fell to 90.9 in May from 91.2 in the prior month. It is important to note that the index has fallen for three straight months and the level of the index has failed to move up to levels seen during an expansionary phase of a business cycle.
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Wednesday, June 15, 2011
U.S. Core Wholesale Prices to Consumer Prices Pass Through is Not Here Yet / Economics / Inflation
The Producer Price Index (PPI) of Finished Goods increased 0.2% in May, following larger gains in each of the past five months. A 1.5% jump in energy prices was offset partly by a 1.4% drop in food prices during May. The BLS indicated that energy prices accounted for a large part of the increase in the wholesale price index. Energy prices have risen for eight straight months.
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Wednesday, June 15, 2011
U.S. Weak Retail Sales Casts Shadow on Q2 Consumer Spending / Economics / US Economy
Retail sales fell 0.1% in May, after a revised 0.3% increase in the prior month. Retail sales last declined in June 2010 led by lower gasoline prices. Auto sales dropped in May, which is consistent with the unit auto sales numbers published earlier in the month.
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Tuesday, June 14, 2011
China to Build a New Sky Scraper Every 5 Days / Economics / Infrastructure
In 2011, China is to build 200 skyscrapers. The homeland of high-rise buildings - the United States of America - has 200 skyscrapers today. For the time being, the quantity of such buildings in China and in the States is identical. However, during the upcoming three years, China will take advantage of its overseas competitor. A new skyscraper will be appearing in China every five days.
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Tuesday, June 14, 2011
Prolonged U.S. Economic Slowdown Underway / Economics / Double Dip Recession
While there are many pundits and economists out there making calls, what I've observed from the Economic Cycle Research Institute over the past half dozen years or so has been quite impressive. Whatever quantitative tools they are using, they seem to be creating a very nice mosaic in terms of forecasting the future.
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Tuesday, June 14, 2011
Stimulus-fueled Economic Recovery End Game / Economics / Economic Recovery
Economic data over the past weeks, punctuated by last week's dismal employment reports, confirm the diminishing impact of the stimulus efforts orchestrated by the Obama Administration and the Federal Reserve. In what must be a huge disappointment to Keynesian enthusiasts, the record doses of both monetary and fiscal narcotics did not produce the desired results. In fact, the size and scope of the "recovery" of the past two years was weaker than would have been expected in a typical business cycle recovery without any stimulus whatsoever. Indeed our current recovery is the weakest on record, despite the biggest jolt of government stimulus ever administered.
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Tuesday, June 14, 2011
UK CPI Inflation Holds at 4.5% as Stealth Theft of Wealth and Debt Default Continues / Economics / Inflation
UK CPI Inflation remained at 4.5% for the month of May at more than twice the Bank of England's 2% target that continues to make a mockery of the central bank who's primary remit is supposedly price stability, where 3% is supposed to be the maximum level a break of which was supposedly to trigger panic responses to bring inflation under control, instead of which the Bank of England has instead opted to pump out temporarily high inflation propaganda for the past 18 months. Meanwhile the more recognised RPI Inflation measure nudged higher to 5.2% which is set against average pay rises of just 2%.
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