Economy Discussions

Since we are so good at avoiding financial meltdowns in the United States due to our ability to print money in whatever quantity we deem necessary, why not export our expertise abroad? It’s the humanitarian thing to do, right? Besides what difference does another billion make at this point? Lately I have been at a loss for wo...

From various data points including transport indexes and industrial production, we see goods production increasing. The ADP National Employment Report Issued for August 2010 shows a contraction of private non-farm private payroll jobs declined 10,000 MoM (seasonally adjusted). The reason for this decline is obvious from the char...

Jason: Special thanks to the following Guest Authors at EconIntersect for the brief article and excellent research paper/analysis on the 1990's and 2000's boom/bust cycles: John Y. Campbell, Department of Economics, Harvard University Stefan Giglio, Department of Economics, Harvard University Christopher Polk, Department ...

Reader "Henry" has a question on the loan loss provision chart I posted in Former Fed Vice Chairman vs. Mish: Is the Fed Out of Ammo? Henry writes ... Hello Mish, Thanks for writing and sharing your wonderful column. It has been very informative and educational. Could you please help us mere mortals decipher th...

Posted on 29 August 2010 by Steven Hansen The Great Debate© is presented to expand our understanding of various topics of interest. In this Great Debate, the topic is whether the government should introduce a second stimulus for employment. In a NYT Op-ed article, Laura Tyson – a member of President Obama’s Econo...

Failure Friday Dead Bank Pool Results for Friday August 27, 2010. Zero (0) bank failures! FFDB Poolers TheStockpiler 3 Texas, Hawaii, Oregon drfrye 8 No big winner this week! No prizes, just the sheer satisfaction of being correct. Who's in for September 3rd? I’m going with Six (6)…Arizona, Ne...

Everyone and their brother will be spinning the second estimate of 2Q2010 GDP which revised growth from 2.4% annualized to 1.6%. As most know, GDP cherry picks certain expenditures and is only one metric of our economy. GDP leaves so many important economic elements out such as existing home sales, employment and debt which major e...

In response to Small Businesses are Not Hiring - Should They? I received a couple emails worth sharing. The CEO of a healthcare consulting company writes .... Hello Mish You ran a series of articles on small businesses, hiring and expansions. I thought I would add to it. I run a small firm, with about 45 employees and 40 co...