Good News?

Bernanke is apparently not seeking another term as the Fed chairman:

US Federal Reserve Chairman Ben Bernanke will most likely step down from his position in January 2014, even if President Barack Obama stays for a second term, according to friends of the chairman.

This probably sounds like good news, especially since there are . . . → Read More: Good News?

Daily Digit: 0.32% 0.19%

So maybe I need to get into a daily digit type of routine.  Of late there is a round of news around the state how municipalities are going to use their shale gas impact fee windfall.  Here is the Inky’s version: PA towns savor drilling impact-fee checks.

How much of a windfall is . . . → Read More: Daily Digit: 0.32% 0.19%

Economic Events on October 26, 2012

At 8:30 AM Eastern time, the advance GDP report for the third quarter of 2012 will be announced.  The consensus is an increase of 1.9% in real GDP and an increase of 2.0% in the GDP price index.  The real GDP estimate is 0.6% higher than the final value for the second quarter of . . . → Read More: Economic Events on October 26, 2012