For years now, economic forecasters have continuously predicted recovery, gotten a spate of bad news, and pushed their recovery prediction out a few quarters. The problem is structural, i.e., it's in the models.
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Last week, I made clear to my readers and subscribers that the bank
malaise is not over, despite what may appear to be encouraging moves by
The economy: Has it bottomed? Are we recovering? Will we see a "V" shaped bounce? Or a "U"? Or a "W"? Let's examine exactly what is going to lead this economy out of our deep recession.
Several prominent economic voices are now calling for a double-dip recession -- an end to the current one, a recovery of sorts and then a slide back into another recession.
The fevered activity at Goldman is a sign of lingering economic illness, not economic health. With purchasing power still declining and unemployment still rising, where will the recovery come from?
We need the Weight Watchers approach, not a crash diet. If the recovery occurs too quickly, people and institutions may return to their old, bad habits.
Larry Summers, Timothy Geithner and Ben Bernanke may go down in history as the three horsemen of the global financial and economic apocalypse
Avoiding financial calamity is a good thing and it does appear that the global economy is past the worst point in the cycle, but a self-sustained recovery is not necessarily in the bag.
The June employment report suggests that the alleged 'green shoots' are mostly yellow weeds that may eventually turn into brown manure. The employment...
In an interview with CNBC this week, legendary investor Warren Buffett offered a rather grim assessment of the economy. In other words, forget all the...
By now, you've probably heard of the much-ballyhooed "green shoots" in the economy. On Friday, the Dow actually closed positive for 2009, leading some...
What we are experiencing is just an artificially derived respite -- we have only entered the eye of our debt induced hurricane.
Economists and their friends in bond markets are scaremongering in the hope of achieving cuts in government programs, rises in unemployment and lower wages. This is lunacy parading as economics.
This rather overwhelming response to the first "green shoots" of the economic crisis suggests that we've reached a significant, even threshold, moment that policymakers must utilize.
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