economist.com - 8/21/2009
krugman.blogs.nytimes.com - 8/23/2009
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krugman.blogs.nytimes.com —
The stimulus has helped, and the conventional recession
is over. But the economy is not recovering in...
the most crucial area, job creation, and the stimulus won't be enough to restore prosperity.
(more)
Some call it recovery
fastswings.com - 8/21/2009
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fastswings.com —
Markets rallied to close the week strong as
Ben Bernanke made positive statements about the overall economy...
and home starts showed a very good improvement over past readings.
(more)
Markets in Full Recovery
paul.kedrosky.com - 8/18/2009
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paul.kedrosky.com —
This has been everywhere, so apologies for being
slow, but it's still worth a look. The chart...
compares recovery periods after major market implosions over the last hundred years. As you will immediately see, while they have many differences, ...
(more)
Road to Recovery and Four Bad Bears
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Friday morning links
The Mess That Greenspan Made —
... Dollar, Need for Reserve System - Bloomberg China fears spark flight to safety - CNN/Money ECONOMY Back-to-school looks weak for apparel retailers - Reuters Economic Data Continue to Chart Bumpy Road to Recovery - Wash. Post More shoppers thinking twice in the checkout line - AP Economic indicators are up. Does it matter? - CSM Youth unemployment: Left behind - Economist INTERNATIONAL World economy: U, V or W for recovery - Economist China stocks up 1.7 pct, but post 3rd ...
Krugman: Some call it recovery
Calculated Risk —
Excerpt from Paul Krugman: Some call it recovery The real problem here is that the standard language doesn’t make much allowance for the kind of gray zone we’re now in; that’s because in the pre-1990 era recessions tended to be V-shaped, so that jobs snapped back as soon as GDP turned around. I don’t think what we’re going through is good news — but GDP is almost surely rising, so the recession, as normally defined, is over. ... But the economy is not recovering in the most crucial area, job creation ... Excerpt from The Economist: U, V or W for recovery The world economy has stopped shrinking. That’s ...
An economic recovery forecast
Bubble Meter —
The Economist makes its prediction for the shape of the economic recovery: A gloomy U with a long, flat bottom of weak growth is the likeliest shape of the next few years.They also have a discussion about the housing market here. ...
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Is That Recovery We See?
hf-implode.com 4/11/2009 — "The market, we keep hearing and reading, is telling us that there is recovery around the corner. And pundits point to data that seems to suggest the worst is behind us. The leading economic indicators, while still down significantly, seem to be in the process of bottoming. There is a large ...
Is the U.S. Economy Headed for a “Jobless Recovery?”
moneymorning.com 6/11/2009 — Associate Editor Money Morning Could the U.S. economy be looking at a “jobless recovery?” After the worst financial crisis since the Great Depression reached its apex late last year, the U.S. economy has shown signs of life in recent months. Stock ...
Has the Market Gotten Ahead of the Recovery? at SmartMoney.com
smartmoney.com 8/4/2009 — Moderation in all things is usually a good thing, but our pundits see too much of it in the nascent economic recovery -- and not enough of it among equity investors. Stocks closed out July with their best performance for that month since 1989, as the ...
When Will The Recovery Begin? Never.
robertreich.blogspot.com 7/10/2009 — The so-called "green shoots" of recovery are turning brown in the scorching summer sun. In fact, the whole debate about when and how a recovery will begin is wrongly framed. On one side are the V-shapers who look back at prior recessions and conclude ...
What recovery should look like
krugman.blogs.nytimes.com 25 days ago — Yes, 3.5 is a lot better than zero. But what we need is a string of numbers about twice that high.
More bad news on the recovery
rodrik.typepad.com 4/16/2009 — The IMF's partially-released World Economic Outlook makes two points which significantly alter my priors with respect to the speed and vigor of the recovery in the advanced nations--for the worse. First, the IMF authors find that recessions ...