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Monthly Archives: October 2010
ECRI's LEI to call a trick or a treat in the economy by Halloween
ECRI's Lakshman Achuthan (on FOX! yikes, note the fires of hell graphic burning in the background) discussing what impact stimulus can have on the jobs market, and when ECRI can make a call on recession vs. soft-landing ahead. He says … Continue reading
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Indiscriminate buying all too familiar
August was very negative for risk markets around the world. Then September (and so far October) took off with wild abandon. Wild is the right word. The US dollar began falling again against the basket of world currencies and once … Continue reading
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Invest stimulus dollars in infastructure not bailouts
Suggestions for a speedier road to economic recovery, with Joseph Stiglitz, 2001 Nobel Prize winner and Columbia University professor. As I have mentioned many times, we do not have to waste good money bailing out bad business models (like domestic … Continue reading
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