Ballad of a Heartbreaking Money Supply

As much as I scream in Loud Mogambo Outrage (LMO) about the sheer amount of money that is being created that will create horrendous inflation in prices, using whatever data that I can easily get my hands on or, better yet, falling into my lap, or, as a last resort, just making up facts . . . → Read More: Ballad of a Heartbreaking Money Supply

Down to Earth in Germany?

It was hard not to sense that part of the IMF’s recent inquiry into Germany’s economy was also aimed at asking the country to eat a little bit of humble pie in the context of the ongoing difficulties facing the Eurozone. Consequently, Germany has been the poster child for the good pupil in class . . . → Read More: Down to Earth in Germany?

Economic Events on April 1, 2010

At 8:30 AM EDT, the weekly report on initial jobless claims will be released, and the consensus is 440,000 new jobless claims, which would be a slight improvement over last week’s better than expected report, and would continue the positive trend in employment.

At 10:00 AM EDT, the Construction Spending report will be released, . . . → Read More: Economic Events on April 1, 2010