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Fed Watch: The Great Recession
Tim Duy looks at the Fed's likely reaction to a weakening economy: The Great Recession, by Tim Duy : Economic weakness that in many ways did not qualify as recessionary turned for the worse in the third quarter. Incoming data continues to paint a picture of an economy that clearly ...
NOW Are We In Recession?
content.ksg.harvard.edu — Is the United States in recession? If one looked solely at the adverse shocks that have hit... the economy over the last year, one would infer an unusually high probability of a recession. If one consulted some of the most import economic ... (more) NOW Are We In Recession?
FT.com / In depth - Consumer data raise recession fears in US
ft.com — Evidence that the US is in recession grew on Thursday as data showed that a sharp cutback... in consumer spending in the third quarter resulted in the economy shrinking at an annualised rate of 0.3 per cent, its weakest performance in seven years. ... (more) FT.com / In depth - Consumer data raise recession fears ...
Breaking...NBER calls recession
nakedshorts.typepad.com — NakedShorts’ Obviousness Rule rule states that, even if things are obvious, they are not officially true until... some official writes for, or talks to, an official news organization to tell everybody something that everybody already knows, but ... (more) Breaking...NBER calls recession
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Really Sour this Morning
Lawrance G. Lux — I am battling a bad Cold today, one of the reasons I did not blog yesterday. It is also coming up to Election Day, and Readers should be concentrating upon political factors. I also have wondered how much the Economic Crisis has been manufactured, simply to find a Means to pay off political supporters, before the exit of the current Administration. This Post by Mark Thoma functionally outlines the concerns of Economists at the current time. It becomes a real exercise to estimate if the World will pick up the amount of Treasuries which will be generated. ...

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Interest rates will fall even more as fears of a severe recession mount EXTRAORDINARY times prompt extraordinary measures. Since the Bank of England was freed to set interest rates in 1997, the most it has ever cut them in a single month was half a ...