Posts under ‘Deflation’

An interesting piece from the mainstream media on debt and credit. Illustrating the need for a new economic paradigm and questioning China’s ascendance.

Consumer credit use gains 7.5% in 2011. DOCX gets a 136 count criminal indictment, will a significant bankster actually go to jail? Inflation, what inflation.

Q 4 GDP comes in weak at +2.8%. The CFNAI improves to -.08. Kansas City Fed Index jumps 9 points to +7. Euro zone slipping into recession, will we follow?

Mixed economic data leaves the major averages struggling to end the year positive. Gold slips again, has the trend become the enemy? What about hyperinflation?

November unemployment plunges to 8.6% with 120,000 new jobs, better than expected but 500,000 gave up looking hence the .4% drop in the unemployment rate.

The Greeks spook the markets again, Manufacturing and construction increase, deflation makes an appearance. MF Global loses 700 odd million in client funds.

Stocks look to close the 3rd quarter with the major averages holding double digit losses and negative year to date. Personal income falls again, deflation?

Stocks plunge again as Euro jitters intensify and anecdotal employment data comes in negative ahead of tomorrows job report. Unemployment benefits get cut.

July ISM Services Index slips to 52.7, prices down 4.3 to 56.6, New orders up to 51.7. Once again inflation is driven by commodities and energy speculation.

Looking at the changing attitudes towards homeownership and its viability as a builder of household wealth, through the eyes of your average Joe the ground.