Daily Archives: August 23, 2012

On-going problems in the Eurozone are an old story, but since most pundits have banked on “decoupling” and limited contagion to other major economies like China, Germany and the US, it is likely that the contracting data there will continue … Continue reading →

Despite repeated warnings about consumer debt levels, the Globe’s Roma Luciw explains how we’ve now seen two straight quarters where non-mortgage debt levels have risen. Here is a direct link.

Much was made of the July 31 FOMC meeting minutes yesterday noting that “many” of the members think more QE may be necessary if economic conditions do not improve. In fact however this wording is not a surprise in the … Continue reading →