Posts filed under “Economy”

Financial Sentiment by Party

Interesting observation from Mike Panzner. He notes that people self identified by party have very different basis for how they determine their own outlook: 

While not scientific by any means, a quick read of the various sub-indices that comprise the ABC News/Washington Post weekly poll of consumer confidence reveals an interesting insight about the differences between Democrats and Republicans.
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Demrepcc

chart courtesy of Mike Panzner

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Based on an visual analysis of the data going back to June 1990, it appears that Republicans’ attitudes about their financial wellbeing are most closely aligned with how they feel about personal finances in general. Democrats’ attitudes, in contrast, seem most closely aligned with how people feel about the state of the economy.

While the difference is subtle, that seems to jibe with anecdotal evidence about the varying perspectives of those who favor the red as opposed to those who favor the blue. For example, it makes sense that Democrats, traditionally seen as members of the working class, would be more attuned to changes in the economy because of its impact on the job market.

Keep this in mind when the next weekly poll of consumer confidence comes out today — it might make for some interesting reading.
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Category: Economy, Politics

Quote of the Day: U of Mich (prelim)

Category: Economy

Baltic Dry Index

Category: Commodities, Economy

Julian Robertson interview

Category: Economy, Investing, Real Estate

WSJ: Debate on the Fed

Category: Economy, Fixed Income/Interest Rates, Investing, Politics

Conundrum, hmmm? Boost interest rates, I must.

Category: Economy

Economy or Stock Market ?

Category: Economy, Investing, Markets

Net change in total liabilities

Category: Economy

Household Debt

Category: Economy

U.K. foreshadowing U.S. Economy

Category: Economy