So the stats out today say the region’s unemployment rate is up 3/10ths of a percent. I wonder a bit. While all data out there has issues, I don’t like poking at methodology too much since it lends itself for folks coming to doubt the data. You just need to understand the strengths and . . . → Read More: Labor Force Metrics 101
It is a deal with the devil: Governments churn out more and more cash for the promise of continued prosperity. But the day of reckoning is near, according to Doug Casey, chairman of Casey Research and an expert on crisis investing. As the epic battle between inflation and deflation continues, Casey discusses his . . . → Read More: Doug Casey Predicts Day of Economic Reckoning Is Near
The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.
At 8:30 AM Eastern time, the preliminary GDP report for the second quarter of 2012 will be announced. The consensus is an increase of . . . → Read More: Economic Events on August 29, 2012