Demographics and Macroeconomics – Part 2 (Wonkish)

I don’t suspect anyone remember part 1 of this series so if you want to refresh your memory, you can have a look here. In that note, I treated some of the more theoretical issues in the form of how demographics might affect long run growth as well as open economy dynamics. In particular, . . . → Read More: Demographics and Macroeconomics – Part 2 (Wonkish)

GM’s IPO: A “Smart” Investment?

I finally came around to reviewing some of last week’s news regarding GM’s successful IPO. While this had obviously led to the usual and expected, self-congratulatory verbiage from President Obama and his political allies, others had expressed a bit more caution, and rightly so. With GM stock closing at $34.50 last Thursday (November 19), . . . → Read More: GM’s IPO: A “Smart” Investment?

Daily Marcellus for November 23, 2010

WDUQ: Dr. Barth: Shale Studies Flawed

Times-Leader: Expert: Amount of Shale activity may be shocking, subtitle: Hunting site access may be restricted in areas near active gas drilling operations.

Great photo from the Buffalo News: Jobs at stake as state mulls gas drilling

For the bigger perspective: Natural Gas Producers Squeezed by High Costs . . . → Read More: Daily Marcellus for November 23, 2010

Economic Events on November 23, 2010

At 7:45 AM EST, 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 8:30 AM EST, the preliminary GDP report for the third quarter of 2010 will be announced.  The consensus is an increase of 2.4% in real . . . → Read More: Economic Events on November 23, 2010