Category Archive for "Economy" | John Rothe | Portfolio Manager, Quant, Tech Geek, And Sometime Superhero To My Kids

Paul Tudor Jones Interview

Paul Tudor Jones Interview The Memphis Daily News just did a great interview with the very reclusive Paul Tudor Jones (who I am a big, big fan of). While most of the interview discusses his youth, he does give us a quick insight to his thoughts on the current global economic climate: “We are at the beginning ...

The Fed Blew It

After today's dismal market, many are thinking the Fed blew it this time. Gluskin Sheff strategist, David Rosenberg (of former Merrill Lynch fame) had a great write up today on the topic. From David Rosenberg: First, the Fed once again downgraded its outlook on the economy, citing "significant downside risks" (the word "significant" was not there on ...

Operation Twist Is Now Official

Operation Twist is now official. Here is what the Fed said and how the program will work: From the Federal Reserve: Information received since the Federal Open Market Committee met in August indicates that economic growth remains slow. Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated. Household spending has ...

Not Looking Pretty: Jobs Edition

Yesterday, the Department of Labor issued its most recent intial claims report. This report shows 428k new claims for unemployment insurance for the week ending 10 September, increasing from an upwardly revised 417k claims the week prior. The data points are starting to show a rising trend in new claims:   Earlier this week I posted a chart ...

The Rise of the Incomes: Rich Vs Poor

The Economist published this great chart showing how household income has risen over the past 40 plus years: Some interesting points from the Economist: From the richest to the poorest, inflation-adjusted incomes were lower in 2010 than they were a decade ago Stagnation in income is a relatively new phenomenon for the rich, but not for the rest. ...

Pondering Of The Day…

Each month the US Treasury publishes the  Monthly Treasury Statement monthly receipts/outlays. Included in this report is what the government takes in each month from taxes. Looking at the tax receipts of individuals shows us an interesting trend - people are paying more taxes. Not because taxes are up, but because they are making more ...

OECD Says Economic Recovery Has Come Close To A Halt

Today the OECD gave a presentation in Paris stating that the recovery in the major industrialized economies has come to a grinding halt. If you are not familiar with the OECD (Organisation for Economic Co-operation and Development), their main function is to promote policies that will improve the economic and social well-being of people around ...