recovery

It's high time I laid my cards on the table about 2011. I have hinted around my view in previous posts, promising to spell it out in detail. So, here it is: I am cautiously optimistic on the US and global economy for 2011. Let me explain…

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…

I saw this video before but after reader Rick e-mailed it to me I decided to post it. The headline is the interesting part. Greenspan believes the double dip scenario has been off the table for a number of months and that the wealth effect…

The US Department of Labor reported this morning that initial claims for unemployment insurance rose to a seasonally-adjusted 409,000 from an upwardly-revised 391,000. This puts the widely-followed four-week moving average for initial…

by Annaly Capital Management Yesterday the Census Bureau released manufacturers’ new orders, which is usually seen as a leading indicator for the US economy. According to a Bloomberg article titled Orders to U.S. Factories Increase in Sign…

By Claus Vistesen Just before we turned the clock on 2010 I commented on the recent increase in US yields and noted the following simple issue; How investors perceive and interpret will determine great many things; is it a reflection…

Byron Wien had a stellar record in 2009, accurately predicting the effect of a rather robust second half recovery across a broad range of markets. However, Byron Wien's Ten Surprises for 2010 were well off the mark. Before we review I will…

This marks the 4th month in a row of falling home prices, and the first negative year-over-year reading since January of 2010. Freddie Mac released their monthly volume summary for November which contained information on seriously…

Transfer payment receipts are defined well by the BEA (Bureau of Economic Analysis, U.S. Dept. of Commerce): Personal current transfer receipts are benefits received by persons for which no current services are performed. They are…

by Annaly Capital Management Seasonally adjusted greetings to Annaly Salvos readers around the world! In the commercial spirit of the season (and a day early for our blog post this week), we thought we’d go down a level from the headline…