Black Swan Flight 10 Is Arriving At Gate B5

“Black Swan flight 10 is arriving at gate B5.” One of my friends works for United Arab Emirates Airlines and has been stranded in a European airport for the weekend because of the volcanic ash from Eyjafjallajokull. According to Eurocontrol about 80% of normal flights have been cancelled. This is a visual representation of . . . → Read More: Black Swan Flight 10 Is Arriving At Gate B5

Leading Indicators Continue to Rise; Substantial Payrolls Boost Coincident Indicator

The steady economic recovery is continuing according to the Conference Board economic indicators released on Monday.

The index of leading economic indicators beat even the most optimistic forecasts and rose 1.4% in March.  Following upward revisions for Jan and Feb,  the surprise surge in March now completes 12 consecutive gains for the index.

The . . . → Read More: Leading Indicators Continue to Rise; Substantial Payrolls Boost Coincident Indicator

Measuring Inflation Better

In India, inflation measurement is commonly done using year-on-year growth rates. The change in a price index from March 2009 to March 2010 shows the average rate of change over the 12 intervening months. But the most important thing to focus on is the point-on-point change seen in January, February and March. Computing this . . . → Read More: Measuring Inflation Better

Economic Events on April 20, 2010

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 11:00 AM EDT, Federal Reserve Chairman Ben . . . → Read More: Economic Events on April 20, 2010