Succinct Summation of Week’s Events (8/24/12)
Succinct summation of week’s events: Positives: 1) New Home Sales in July at 372k were a touch above estimates and the most since...
Resilience of American Agriculture
Click to enlarge: Source: United States Department of Agriculture
The Lost Decade of the Middle Class
The research report that you need to some some time with over the weekend is from the Pew Research Center, and its titled: The Lost...
10 Friday AM Reads
Some belated west coast reads (how do you people work in finance from this side of the country?): • Selling love and buying panic (FT...
Grexit becoming more likely
RBA Governor Mr Glenn Stevens suggests that Australia’s mining boom will end within a year or so. He added that the RBA may act (to...
Headline orders fine but ex transports not
July Durable Goods orders were up 4.2%, better than expectations of up 2.5% BUT, orders fell .4% ex transports and non defense capital...
Bailout: The Mishandling of TARP
Click to watch video: Source: Market Sense Part Five: Bailout: The Mishandling of TARP August 2, 2012
The Fiscal Cliff
Click to enlarge: Source: Bianco Research The Wall Street Journal – ‘Fiscal Cliff’ Has Many Perils The U.S. economy likely would...
What Does a Ferrari 599 GTO V12 Sound Like at Speed?
Fun with Doppler: Ferrari 599 GTO without speech, only sound: