Markets

CHARTS: Job Gains And Losses Since 2007

In response to Interactive Map: Job Gains and Losses in the Recovery by Job Type (Healthcare, Education, Mining, Construction, Finance, Real Estate, etc), I exchanged Emails with Salil Mehta who has a blog on Statistical Ideas. Salil asked for a better representation of some of the data in my post, specifically, a pair […]
CHARTS: Job Gains And Losses Since 2007
Markets

HUGH HENDRY: Don’t Tell Me China Will Sell Their US Treasuries

Here is an excellent interview at The Economist Buttonwood Conference featuring Hugh Hendry. You may have to enter your email address to play, but I doubt it has to be accurate as there was no verification process. The interview is well worth a play in entirely, covering Gold, Hyperinflation, Treasuries, […]
HUGH HENDRY: Don’t Tell Me China Will Sell Their US Treasuries
Markets

Mass Layoffs Have Spiked In The Last Two Months

In precisely the kind of news president Obama does not want heading into the election, Ford (F), Dow Chemical (DOW), DuPont (DD), and Advanced Micro Devices (AMD) all announced mass layoffs this past week as Firings Reach Highest Since 2010.
Mass Layoffs Have Spiked In The Last Two Months
Markets

Here Are 2 More Ways Obama Got The Unemployment Rate To Drop

[credit provider=”AP”] Following the surprise drop in the unemployment rate last Friday, I have seen many conspiracy charges leveled against the BLS. I do not believe any of the conspiracy charges. Had Obama instructed the BLS to juice the numbers, someone in the BLS would surely be yapping. They are […]
Here Are 2 More Ways Obama Got The Unemployment Rate To Drop
Markets

The Dutch Housing Market Is Crashing, And France Could Be Next

[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:The_hague_hofvijver.jpg”] The Netherlands has the 5th largest economy in the eurozone. Home prices are in the midst of a huge plunge notes reader Andrea who is from Italy but now lives in France. Andrea supplied links to articles in the Wall Street Journal and Bloomberg. She writes […]
The Dutch Housing Market Is Crashing, And France Could Be Next
Markets

France’s Anti-Tax ‘Pigeon’ Protest Is Going Viral

I received an interesting email today from Andrea, who is from Italy but now lives in France. The email is about “pigeons”, a movement started by French entrepreneurs in protest of president Francois Hollande’s tax policies. The “pigeon” movement has gone viral on Twitter. Andrea writes …
France’s Anti-Tax ‘Pigeon’ Protest Is Going Viral
Markets

Foreigners Are Fleeing The Spanish Bond Markets

European banks are supposed to be deleveraging. By now, most realise they are headed the opposite direction. In Spain, the increased leverage is pro-cyclical, 100% certain to cause a bigger problem down the road.
Foreigners Are Fleeing The Spanish Bond Markets
Markets

Toronto New Home Sales Plunged 64%

New home sales in the greater Toronto area plunged 64% in the wake of government’s changes to insured mortgages (30yr to 25yr) and home equity line of credit restrictions (80% max to 65% max) which took effect in July. Lowest August on Record Reader Corey emailed the above comments and […]
Toronto New Home Sales Plunged 64%