Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Charts of the day: Jobless claims as a real-time economic indicator
Jobless claims: a good coincident indicator of the US economy. If you look at changes in jobless claims it can also help you call turning points in the economy. I have done claims graphs a few times over the past six years but I haven’t…
Bubbles: Jeremy Grantham, Fingers of Instability and the Medium Term View
I was reading a summary of Jeremy Grantham’s remarks in GMO’s recent quarterly analysis. And it occurred to me that a lot of what we see there is predicated on some embedded longer-term assumptions that I want to make clear. Grantham is…
US and European recoveries continue as China decelerates
The monthly employment situation summary for April 2014 was released by the US Bureau of Labor Statistics. And the headline numbers were terrific. The unemployment rate measured by the household survey fell to a cyclical low of 6.3%, below…
US growth to accelerate while Chinese deceleration closes on political limit
Weak Q1 growth in the US is an aberration
Chinese rebalancing may hit political limits soon around 7.2% growth
Canadian housing, Russian economy, Twitter bubble, and bogus tax proposals
The Canadian housing market is providing a pro-cyclical boost
Russia is now in a recession
Twitter’s share collapse is emblematic of broader trends
Corporations pay tax for a reason