Credit Writedowns

I will have some commentary on this in a future post or an updated version of this one. Update 1600 ET: you can see my commentary in the next post here. The Surprises of 2010 The United States economy grows at a stronger than expected…

The December 2009 Manufacturing ISM Report On Business was released earlier today showing a reading of 55.9, the highest in nearly four years. This is the most recent of the many indicators demonstrating that the U.S. economy is in a…

Welcome to the working week, new decade version! Me? Still thinking it’s 2009, though. Just changed the date to 2010. Seesmic acquires Ping.fm - The Next Web Yahoo Can Relax a Little (But Just a Little)–This Year’s BoomTown…

Hat tip FiveThirtyEight. once you remove the U.S., there's a strong correlation between spending and life expectancy, and this is super-clear from the scatterplot. For more information behind this chart, click the link below.…

Hat tip Prieur du Plessis. Source Chip Bok, 28 Dec 2009 - Comics.com

You kind of saw this coming didn’t you. Asians remember the Depression that began there a decade ago all too vividly. Many still see the West to blame because of the draconian economic policy solutions meted out by the IMF, including now-US…

Peru Confirms 25-Year Sentence for Alberto Fujimori, AFP Says - Bloomberg.com BBC News - Historic Antarctica plane remains 'found' by expedition Islendinger vil ikke betale for bankkollaps | E24 ("Islanders do not want to…

I almost wrote the date as 2009 yet again. Sheesh. For those of you who took it easy over the weekend and haven’t read any CW material yet, welcome to the next decade. See the 160-story tower that awaits you in Dubai below. Must read A…

I don’t know quite what to make of the Paul Volcker interview published late last week in Business Week.  In case you missed it, Business Week published a frank interview of former Federal Reserve Board chairman Paul Volcker with media…

I must be incredibly sleep-deprived because my last post overlooked a critical case in the financial blogosphere where the same issues of blogging and government coercion are at issue. I completely forgot that the Implode-o-Meter sites are…