John Mauldin's picture

GDP is far from the rather exact number most people think. There are lots of ways to measure GDP; and recently, what is not measured has been the cause for some controversy, at least among economists who care...

Bruce Krasting's picture

Both NOAA and the Australian Meteorologists issued El Nino updates in the past 24 hours. The weekly numbers that were released confirm that an historic event is...

Michael Shedlock's picture

By now it should be perfectly clear to everyone that the entire global economy is cooling and the US will not decouple from that slowdown. Nonetheless, most economists, including those at the Fed, still do not see the obvious.

Sheraz Mian's picture

We are in the midst of the Fear trade again today… and China is again the culprit. This time it’s not that country’s stock market, but its all-important manufacturing sector. More evidence today that the market’s recent China-centric anxiety...

Robert Rapier's picture

While there are actually other stories unfolding in the world of energy, you would never know that by my inbox. Most of the correspondence I have received in the past week is still related to oil prices, particularly following...

Marc Chandler's picture

Economics is dubbed the dismal science because it studies scarcity. A question that predates human society is how should scarcity be distributed. Nature rewards the strong, the quick, and the cunning. Societies mitigate this...

Global Risk Insights's picture

Aggressive pricing and strategic partnerships drive China’s rising profile in the global smartphone market. It may not be long until “Made in China” becomes a mark of prestige. Smartphones may be a ubiquitous part of...

Kurt Kallaus's picture

Price patterns created by repetitive general psychological investor reactions to panics can be interesting and useful. Often these panics occur when there is no economic basis in reality. The Black Monday 1987 panic, the 1998 Asian Contagion panic and the Flash Crash...

Doug Short's picture

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as...

Jeffrey D Saut's picture

For the College Humor Magazine I submitted a collection of many ‘laws’ and other items, including my College Course Descriptions: 1) If it’s green, wiggles or slithers, it’s biology; 2) If it stinks, it’s probably chemistry...

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