Daily Archives: June 5, 2013

ECRI: What wealth effect?

Despite surging prices for homes and equities, consumer spending is contracting, registering its biggest monthly decline since September 2009. Quite simply, the wealth effect is rendered moot by languishing incomes. No wonder yoy U.S. import growth has also plunged into … Continue reading

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Investment in the future down all over world

Germany is known as Europe’s stronghold, but Germany’s investment freeze calls into question its real economic strength and future growth prospects.

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Gross: “Fed overdoing it”

Bill Gross, PIMCO, says the Fed’s policies are part of the problem and not the solution. He says rates are so low you reduce the incentive among investors to take risk.Here is a direct link.

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Why the decline in commodity prices is positive

Danielle Park and INN Senior Editor Andrew Topf discuss macroeconomics and commodities. Park, author of Juggling Dynamite, believes it’s positive that commodities are moving down because it means a base is being established for a recovery in the business cycle. … Continue reading

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