Archive for March, 2010

Infinite Stackable USB Cables

How cool is this, from Gonglue Jiang, a desing student at Zhejiang University:

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via Design Fetish

Category: Technology, Web/Tech, Weekend

Wednesday Linkage

These few stories caught my eye today: • Obama: Drill Baby Drill (NYT) • The Lone Star Secret: How Texas avoided the worst of the real estate meltdown (Slate) • Martin Wolf:  Why Germany cannot be a model for the eurozone  (FT) • How Lou Lucido Let AIG Lose $35 Billion With Goldman Sachs CDOs…Read More

Category: Financial Press

Change in US Employment Recession/Recovery

If you found the prior post on Employment too cheerful, well, have a gander at these charts, courtesy of  The Federal Reserve Bank of Minneapolis by way of Jim Picerno’s Capital Spectator. This is a fascinating look at where in each post war recession the recovery can be marked as beginning. Have a look at…Read More

Category: Data Analysis, Employment

JOC index reaches highest level since Sept ’08

To add more fodder to the inflation/deflation debate, the Journal of Commerce Industrial Commodity Index of 18 industrial materials is rising today to the highest level since Sept 2008. Some of the commodities included in the index are crude oil, aluminum, zinc, cotton, steel, copper, nickel, plywood, hides, rubber and ethylene.

Category: MacroNotes

Blitzer: Fading Housing Implies Double Dip ?

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More here

Category: Real Estate, Video

Payroll Withholding Taxes Surge in March

Matt Trivisonno shares with us some of the research he does at Daily Jobs Update regarding payroll withholding taxes. He notes that in March, there has been a very strong surge in withholding taxes. The amount is roughly equivalent to 300,000 new workers being paid $30,000 salaries.  Matt presume many of these jobs are Census…Read More

Category: Taxes and Policy, Wages & Income

Global bonds higher but Greece getting no respect

Greece still is getting no respect. While global bond markets are rallying in response to the weaker than expected ADP report and the Chicago PMI (half of the factory order # was out last week when Durable Goods orders were released and thus is rarely market moving), Greek bonds again are not as Greece can…Read More

Category: MacroNotes

Chicago PMI disappoints

The Mar Chicago PMI manufacturing index was 58.8, about 2 pts below estimates and down from 62.6 in Feb which was the highest since April ’05. It is still the 3rd highest reading dating back to mid ’07 but it follows the weaker than expected ADP report and with the market a straight line over…Read More

Category: MacroNotes

Did US Housing Have a Boom/Bust Cycle?

The NY Fed has a curious research piece out, looking at areas of Upstate New York that were “insulated” from housing price volatility. They note that many parts of the country have not experienced dramatic declines in housing prices, and upstate metropolitan areas of Buffalo, Rochester, and Syracuse even enjoyed price increases during the recession….Read More

Category: Credit, Cycles, Real Estate

Q2 Preview

Be sure to check out the excellent overview of the present situation from Damien Cleusix in the Think Tank: Global Tactical Asset Allocation, Q2 2010

Category: Markets