Source: globaleconomicanalysis.blogspot
Below are all items from globaleconomicanalysis.blogspot.
Panic! ( "This seems like desperation bazooka tactics. Specifically, the Fed is in a panic state over jobs." ) -- http://globaleconomicanalysis.blogspot.com
Mish's Global Economic Trend Analysis: Panic!
Panic! ( "This seems like desperation bazooka tactics. Specifically, the Fed is in a panic state over jobs." ) --...
Mike ShedlockTop Financial Blog CitationsNew York Times: NYT 10th Annual Year in Ideas - #1 Idea of the Year 'Do-It-Yourself Macroeconomics'Time Magazine: Best 25 Financial BlogsBloomberg:
Financial Blogs: The Best of the BunchCNBC:...
Mish's Global Economic Trend Analysis: Federal Bankruptcy Court...
Madness.... Not even Jack Bauer could save this.
Mish's Global Economic Trend Analysis
Madness.... Not even Jack Bauer could save this.
Bloomberg reports Oil Tankers Squeezed as Rates Drop to Lowest Since ’97.
Aframaxes, already this year’s worst- performing oil tankers, are poised for the lowest annual rates in at least 15 years as Europe’s economic stagnation cu...
Mish's Global Economic Trend Analysis: Oil Tanker Rates Lowest S...
The Financial Times reports Greek right a hostage to its own failures.
On June 17, Stathis Potamitis, managing partner at an Athens law firm, plans to break a promise he has kept since his participation in a 1970s clandestine student...
Mish's Global Economic Trend Analysis: "Terror-Mongering" in Gre...
Germany and Spain are both digging in their heels. Courtesy of el Economista and Google Translate, please consider Germany pressed for Spain to resort to bailout fund.
German Finance Minister, Wolfgang Schäuble, have pressured the Sp...
Mish's Global Economic Trend Analysis: German Finance Minister P...
Morgan Stanley's corporate borrowing costs are already way higher than Goldman Sachs and more downgrades are likely in the works.The Fiscal Times explains How Morgan Stanley sank to junk pricing
The bond markets are treating Morgan St...
Mish's Global Economic Trend Analysis: Morgan Stanley Bonds Trad...
Quick Notes About the Unemployment Rate
US Unemployment Rate rose .1 to 8.2%
?
In the last year, the civilian population rose by 3,653,000. Yet the labor force only rose by 1,307,000. Those not in the labor force rose by 2,345,...
Mish's Global Economic Trend Analysis: Another Payroll Disaster:...
George Orlwell coined the term doublethink in his classic book 1984. Doublethink is the power of holding two contradictory beliefs in one's mind simultaneously, and accepting both of them.Have you listened to the conflicted beliefs co...
Mish's Global Economic Trend Analysis: Edge of a Precipice; Doub...
The latest word of the day is the already approved, then denied, then tabled plan to implement hispabonos was dropped from discussion Friday's cabinet meeting according to La Vangauardia.
The approval of so-called hispabonos, which wi...
Mish's Global Economic Trend Analysis: Hyperbolic Selloff Coming...
Every month Doug Short at Advisor Perspective writes an excellent report on GDP. With today's release of the Q1 GDP Second Estimate, Doug Short has a new column worth a good look: Will the "Real" GDP Please Stand Up? (The Deflator Ma...
Mish's Global Economic Trend Analysis: GDP, Real GDP, and Shadowsta...
Here is a note regarding capital flight in Spain and Greece that I received via email.Capital flight has intensified to record levels in Spain but interestingly leveled off in Greece. Capital flight from Greece is expected to resume w...
Mish's Global Economic Trend Analysis: Capital Flight Intensifie...
Retail sales in France, Italy, and the eurozone as a whole hit the skids according to Markit. Retail sales in Germany were positive, but barely.Steepest Decline in French HistoryFurther sharp fall in French retail sales during May
Key...
Mish's Global Economic Trend Analysis: Eurozone Retail Sales Cra...
Interest rates on the 10-Year Spanish bond touched 6.7% today after the ECB shot down prime Minister Mariano Rajoy's Ponzi plan to recapitalize banks.The Spanish banking condition is in such precarious shape that Matthew Lynn of Strategy...
Mish's Global Economic Trend Analysis: Spexit Before Grexit? Six...
High school and college kids typically get the jobs that are left over, that no one else really wants, such as working at McDonalds.However, competition for any job is no so intense, that teens cannot find any job that no one else wan...
Mish's Global Economic Trend Analysis: Competition for McJobs Hi...
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Greek banks have been shut off from regular ECB liquidity operations due to lack of sufficient collateral. Today the Banks have that collateral thanks to a disbursement of funds from the EFSF which in turn will be used as collateral f...
Mish's Global Economic Trend Analysis: Ponzi Financing in Greece...
Lucas Papademos, the ex-technocrat prime minister of Greece says public finances face collapse.
Greece’s public finances could collapse as early as next month, leaving salaries and pensions unpaid unless a stable government emerges...
Mish's Global Economic Trend Analysis: Greece Public Finances Fa...
The Pollyannas who thought the European recession would be short, shallow, and contained to the periphery have another thing coming. All three ideas were downright silly as I have long stated.French Manufacturing PMI Plunges to 44.4,...
Mish's Global Economic Trend Analysis: Containment Theory Blows...
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After repeated denials of the creation of a combined "bad bank", Spain's economy minister Luis de Guindos is discussing creation a public body merging all the smaller bad banks into one gigantic bad bank, equivalent to 20% of the enti...
Mish's Global Economic Trend Analysis: Spain Plans to Merge All...
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Markit Reports Eurozone PMI Suffers Worst Downturn Since Mid-2009
Flash Eurozone PMI
Composite Output Index at 45.9 (46.7 in April). 35-month low.
Flash Eurozone Services PMI Activity Index at 46.5 (46.9 in April). 7-month low.
Flash...
Mish's Global Economic Trend Analysis: Eurozone PMI Disaster - W...
The grim situation in California is about to get grimmer as Unemployment Benefits Go Bye-Bye
More than 200,000 long-term jobless Americans will lose their unemployment checks this week, when eight states roll off the federal extended...
Mish's Global Economic Trend Analysis: 200,000 Lose Unemployment...