Daily Archives: March 26, 2010

Weak recovery in the entire advanced world

US Final Q4 GDP was revised slightly lower this morning to 5.6 from the previous estimate of 5.9. I think a year from now this may be revised lower still. More importantly Q4 seems to have been a stimulus-manufactured anomaly … Continue reading

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Elizabeth Warren's Mission

In the debate to overhaul financial regulation, Elizabeth Warren has divided Washington in her push to create a new consumer financial protection agency. I find it refreshing to hear from people who can't be bought. It seems they are few … Continue reading

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