There is a new report via Penn State and some partners on the economic impact of Marcellus Shale development. According to the news coverage the report has some new data on the great Marcellus worker mystery. From Somerset County’s Daily American:
“The study also suggests that a large majority of industry employees are coming from . . . → Read More: Tex-Pats out there somewhere
Nigel Moffatt, Treasurer of the Perth Mint, breaks from his leash with some really bullish statements in an interview with The Australian newspaper:
He said he could see no end to the gold boom.
“If you’re in the US or Europe, what on earth are you going to put your money into?” he said. . . . → Read More: The Mint is humming
Thomson Reuters’ Commodity and Energy Specialist Christopher Henwood believes bailouts of too-big-to-fail companies and countries addicted to entitlements have cast an ominous shadow over the global economy. Nevertheless, he finds room for optimism as global economic turmoil puts downward pressure on energy prices, which should give the economy some breathing room. In this . . . → Read More: Christopher Henwood: Get Out of the Way and Let Markets Work
The Mortgage Bankers’ Association purchase index will be released at 7:00 AM EDT, providing an update on the quantity of new mortgages and refinancings closed in the last week.
At 8:30 AM EDT, the Durable Goods Orders report for July will be released. The consensus is that there was an increase of 2.0% from . . . → Read More: Economic Events on August 24, 2011