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Weekly Short Economic Stories
US : Operation twist is doing its thing. US mortgage rates fell to their lowest ever. The average rate for a 30-yr fixed mrtg fell to 4%. When that drops to a more-Japanese-like 3.25% in a few months,...
View Article3Q 2011 GDP. First read.
Preamble: The BEA (part of the US Federal govt) releases three estimates in the immediate months following a given quarter. It does such a poor job with these estimates that frequently several years...
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The latest consumer confidence and small business confidence readings continue a steady increase since summer. The latest readings have risen almost all the way to the average level seen in...
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Year End Letter 2011 (& 2012 Forecast)
Strategic Indicator: Greedometer Last week, the greedometer registered 5400 rpm, a respectable but not unexpected jump from the previous week 4800rpm. And with that, we have the end of the year-end...
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