Chart of the Week: Current Cycle lags

The latest meme making its way around the echo chamber is
that because employment levels were so high in 2000, the recovery period
shouldn’t be compared to prior cycles.


How does this cycle compare to prior Cycles?


Source: EPI

Of course, we view this as nonsense. As the chart above
shows, this recovery has been sub-par not just for employment, but across the
board. The only exception has been Real Estate.

Random Items:

U.S. economy slows to below trend

Some Perspectives on U.S. Monetary Policy (NY Fed)

China’s Personal Savings Hit Record $1.7T

Apple now bigger than Dell

Nicholas Kristof: India vs China

Annual List of Top 10 Organizations Receiving Most  U.S. Patents

Find a job using eBay


Quote of the Day:

"In politics as in chess, or in the military or in
business, when you have the advantage you must press it quickly – or lose it.
For the first time in history, we are in a position to checkmate tyranny.
Momentum is largely on the side of democracy.”

- Garry Kasparov



Category: Economy, Employment

Remodeling, Building Brace for Slowing

Category: Real Estate

Soft Spots Beyond Employment

Category: Economy, Employment

Has the Fed Kept Inflation in Check?

Category: Currency, Federal Reserve, Inflation

Apple now bigger than Dell

Category: Investing, Retail, Web/Tech

Top US Patent Recipients for 2005

Category: Data Analysis, Science, Web/Tech

Weekend Linkfest ’06!

Category: Web/Tech

What Will 2006 Earnings Be Like?

Category: Earnings

December Retail Not So Hot

Category: Retail

Buy Volatility

Category: Markets, Psychology, Trading