Existential Fiscal Policy

Since several have asked, my general opinion of the latest news on the PPP front is that the latest plan reminds me of My Dinner With Andre.

Policy and philosophy are not really all that far apart.  Or maybe it’s finance and philosophy that are more akin than we think.  A promise to pay . . . → Read More: Existential Fiscal Policy

Putting the Bow on a Positive 2010

U.S. retailers put a bow on a positive 2010 and registered their best performance in five years according to preliminary reports released on Monday.

Holiday sales jumped 5.5 percent as consumers returned to retailers across the board including high-end Macy’s Inc., Tiffany’s. and Bloomingdale’s.

Consumers were out in full forces at most every chain . . . → Read More: Putting the Bow on a Positive 2010

Economic Events on December 28, 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 8:55 AM EST, the weekly Redbook report will be released, giving us more information about consumer spending.

At 9:00 AM EST, the monthly S&P/Case-Shiller home . . . → Read More: Economic Events on December 28, 2010