Archive for the ‘New Posts’ Category

The People Want Balance!

July 20th, 2011

It’s crunch time—way past crunch time, really—in the debt ceiling/budget debate.  While partisans are sharpening their knives in preparation of administering a deep, self-inflicted wound, markets are beginning to lurch around, tanking on bad news re the deal and visa-versa. According to a Goldman Sachs research report from yesterday (no link), consumer confidence in June… Read more

Speaking of Future Expectations…

July 19th, 2011

For what it’s worth, here’s one forecast from 2011q2 to 2013q1, by the estimable Mark Zandi and the Moody’s Economy.com team.  Like most forecasts right now, it shows slow improvements in GDP, jobs, and unemployment, though the latter glides down slowly to about 8% at the end of the forecast. Source: Moody’s Economy.com, Mark Zandi… Read more