Jobs

By Marshall Auerback Yesterday, Ed wrote a good piece on consumer spending and the return of the economy to the status quo ante. I think it's a little bit more malign than that. There has been a real positive change in the underpinnings…

By Claus Vistesen As the proverbial line seems to be running out for Greece, I thought that I would look at a slightly longer, although no less important, issue in the context of Spain; more specifically the trend in net migration. While…

by Comstock Partners The majority of economists and strategists are now telling anyone who will listen that  the economic recovery is now normal and are trumpeting this view to jump-start the stock market. They are confidently…

The gist of the conversation we had on Business News Network on Tuesday was that the data coming out of the U.S. ahead of the President's State of the Union address was conflicting. Housing was dreadful, but consumer confidence was up;…

In anticipation of the state visit by Chinese Leader Hu Jintao, I spoke about the pressure on US politicians to do something about the Chinese currency problem with RT America's Alyona Minkovski on the Alyona Show last night. The video is…

By Edward Harrison Randall Wray wrote a paper on "The Fall of the New Monetary Consensus" which we posted at Credit Writedowns last week. Randy took on the theoretical underpinnings that guided policy makers through the most…

Actually I hadn't intended to write this post but this week and last week I have seen a few comments on Twitter questioning the government's employment numbers. That made me think it's a good time to review the US Government's seasonal…

This from today's Fed Beige Book survey: Reports from the twelve Federal Reserve Districts suggest that economic activity continued to expand moderately from November through December. Conditions were said to be improving in the Boston,…

I spoke to Paul Waldie on BNN this past Friday about the US and Canadian jobs reports. The BBH note that morning on the risk of “buy the rumor sell the fact” ahead of the jobs report was on the money. After the stellar ADP data on…