Monthly Archives: March 2015

Reality check: GDP tanking

Posted on March 17, 2015 by Danielle Park

The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay and routinely revised in retrospect, quarters and years after the original ‘guesstimates’. To stay ahead … Continue reading →

Posted in Main Page | Comments Off on Reality check: GDP tanking

Tax and democracy: the price we pay

Posted on March 17, 2015 by Danielle Park

Euphemisms aside, tax havens are in the business of taking revenue belonging to other countries. Canadian documentarian Howard Crooks on the threat to democracy from tax havens. Here is a direct video link.

Posted in Main Page | Comments Off on Tax and democracy: the price we pay

Economy, oil, yields and earnings down. Stocks suicidal

Posted on March 16, 2015 by Danielle Park

The major economic releases today were all weaker than consensus forecasts. Oil fell below its March 2009 Great Recession bottom in sympathy. North American treasury yields fell too.  Buybacks notwithstanding, corporate earning forecasts are rolling over (see below).  As they … Continue reading →

Posted in Main Page | Comments Off on Economy, oil, yields and earnings down. Stocks suicidal