Monthly Archives: August 2013

More on the miracle of bees

“There are half-a-million bees living at the Seattle Airport. Since 2006, 30% of the bee colonies in the U.S. have vanished. A huge problem, considering Bees pollinate 1/3rd of everything humans eat. In an effort to save the bees and … Continue reading

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A caution on Eurozone sticking plasters

Official GDP for the euro zone showed some modest improvement in the second quarter, posting growth of 0.3 percent (quarter-on quarter) which beat analysts’ estimates in a Reuters poll of 0.2 percent. This was welcome news after a record 6 … Continue reading

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More on constrained US consumer spending

A look at the correlation between real aggregate wage growth and consumer consumption. Here is a direct link. Consumer spending drives 70% of the US economy. And wage growth has historically been highly correlated with consumption rates. Makes sense. Then … Continue reading

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