Weekly Econoreadings

A new recession? Just read these 4 articles

http://www.zerohedge.com/news/ecris-achutan-says-us-entering-new-recession

http://www.zerohedge.com/news/prominent-deflationist-schilling-sees-deflation-china-hard-landing-and-800-sp

http://www.zerohedge.com/news/are-we-headed-recessdepress-ion-answer-9-simple-charts

http://pragcap.com/falling-like-a-bric

Weekly Econoreadings

Soros and Rubini on recession

http://www.zerohedge.com/contributed/roubini-and-soros-say-us-already-double-dip-recession-and-warn-uprising

Greece… but I guess this week we will hear a lot

http://www.zerohedge.com/news/greece-denies-rumors-orderly-default-50-debt-haircut

A Flight to Safety

http://www.zerohedge.com/news/flight-safety-liquidations-resume-fresh-european-stability-concerns

Italy

http://www.ritholtz.com/blog/2011/09/italy-downgraded-credit-rating-lowered-by-s-p/

Weekly Econoreadings

Europe… Europe…Europe…. (but don’t let the news blind you, US is in deep trouble also, and even the mighty China). But in any case, this week news were all about Europe.

Greece:

http://www.zerohedge.com/news/latest-greek-economic-collapse-means-country-will-soon-be-out-eurozone-or-bankrupt-or-both

http://globaleconomicanalysis.blogspot.com/2011/09/greek-1-year-debt-yield-hits-108-still.html

http://www.zerohedge.com/news/greek-1-year-bond-yield-1117

http://pragcap.com/robertson-greece-will-default-macro-is-so-bad-everywhere

France:

http://www.zerohedge.com/news/so-it-begins-socgen-debt-deposit-ratings-cut-one-notch-aa3-moodys-outlook-negative

http://www.zerohedge.com/news/credit-agricole-expectedly-joins-socgen-moodys-downgrade-path

Economic activity:

http://pragcap.com/weekly-rail-traffic-continues-to-soften

Kiva microcredits flow: video

 

 

The video

 

and the company

http://www.kiva.org/

Weekly Econoreadings

Consumer confidence sinks

http://www.zerohedge.com/news/consumer-confidence-collapses-592-442-lowest-april-2009-hopium-ends-outlook-crushed

ECRI’s view on the recession: video

http://www.ritholtz.com/blog/2011/08/ecri%E2%80%99s-achuthan-jury-still-out-on-recession/

EU data

http://globaleconomicanalysis.blogspot.com/2011/08/eurozone-retail-sales-drop-4th-straight.html

Remember this picture?

http://www.zerohedge.com/contributed/theteleprompter-chief-and-his-jobs-programs

Potential peak in corporate profits?

http://www.ritholtz.com/blog/2011/09/corporate-profits/

Roubini and the recession:

http://www.zerohedge.com/contributed/roubini-sees-60-chance-double-dip-2012-china-and-brazil-also-risk

Rail traffic turns negative

http://pragcap.com/rail-traffic-turns-negative

No comments:

http://globaleconomicanalysis.blogspot.com/2011/09/2-year-10-year-treasury-yields-at.html

Middle vs Wealthy class

An interesting article from the NYT

The Limping Middle Class

http://www.nytimes.com/2011/09/04/opinion/sunday/jobs-will-follow-a-strengthening-of-the-middle-class.html?_r=1

Working hours around the world

Weekly Econoreadings

German confidence: at very low level

http://www.zerohedge.com/news/plunging-german-investor-confidence-sends-european-bank-risk-record

US: no growth in rail traffic

http://pragcap.com/rail-traffic-still-consistent-with-stagnant-growth

US: Consumer sentiment down

http://www.calculatedriskblog.com/2011/08/final-consumer-sentiment-at-557-down.html

Mish on Bernake

http://globaleconomicanalysis.blogspot.com/2011/08/bernankes-invisible-bazooka-ploy.html

 

Weekly Econoreadings

Quite a lot of bad news… I wish it would be the other way around…

Double Dip in the Economy?

http://www.zerohedge.com/news/david-rosenbergs-12-bullet-points-confirming-double-dip-here

Philly Fed

http://pragcap.com/philly-fed-a-total-disaster

Following Japanese Equity Market?

http://pragcap.com/the-japanese-equity-disease

Economic re-forecast

http://www.calculatedriskblog.com/2011/08/more-downward-revisions-to-economic.html

Federal Reserve predictions

http://www.zerohedge.com/news/federal-reserve-prediction-error-rate-33-under-3-months-or-133-annuallized

Greece…

http://globaleconomicanalysis.blogspot.com/2011/08/bad-checks-in-greece-soar-43-as-credit.html

An old theme: Inflation or deflation

http://www.zerohedge.com/news/hyperinflation-vs-hyperdeflation-take-your-pick

Weekly Econoreadings

Another interesting week

In US; Consumer Confidence is lower than in 2008

http://www.zerohedge.com/news/consumer-confidence-plummets-may-1980-level

and Rail Traffic slows

http://pragcap.com/rail-traffic-still-consistent-with-muddle-through-economy

Q2 GDP: pretty bad

http://www.zerohedge.com/news/q2-gdp-be-second-consecutive-sub-1-gdp-print-following-surge-trade-deficit

About the situation in France…

http://www.zerohedge.com/contributed/socgen-ceo-dismisses-rumors-says-france-not-us-hes-right-its-worse-and-bank-likely-progr

Interesting: Unemployment vs Inflation

http://www.zerohedge.com/news/central-bankers-dilemma-bubble-chart

Some financial theory

http://www.debtdeflation.com/blogs/2011/08/12/behavioral-finance-lecture-01-debunking-demand-and-supply-analysis/