Between the mounds of sarcasm, you'll find a very good discussion of today's PPI numbers in Kevin Depew's Five Things You Need to Know: No One is Driving the Train. This is a perfect example of why headline numbers should be looked at with a grain of salt.
Mike Shedlock talks about the massive contraction in M3 money supply with M3 Contraction: The Future is Now.
William Hester gives some very good historical analysis on previous recessions and tries to draw a correlation with the current recession/bear market to others. I highly reccommend reading this one: The Beginning of the Middle
Bloomberg reports that Kenneth Rogoff, former IMF cheif economist and a specialist in alalysing financial crises over the last 800 years believes The Worst is Yet to Come
Yves Smith reports on a happiness survey conducted, that shows The Key to Happiness is Freedom, Not Income. I agree, but I think the scales are tipping in the other direction as governments become more paranoid and authoritarian around the world.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment