Economy Blog

Everything about the economy in a single blog

The Reality Of The U.S. Recession

4 May, 2008 Economy | Comments (0) @ 23:27

Today on LRC I explain why America really is in a recession and has been so since at least November last year despite the seemingly positive growth (Which as I explain really isn’t positive). So if you haven’t already read it, do it now….
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Why Yahoo Shouldn’t Buy Back Its Own Stock

4 May, 2008 Economy | Comments (0) @ 22:48

Bill Miller is kicking himself this morning. The second-largest shareholder in Yahoo, he wanted $35 to sell out to Microsoft, and so he held on to his shares rather than hand them over to arbitrageurs at $29 or so. But now that Microsoft has picked up its ball and gone home, Miller has decided that if Ballmer isn’t going to start buying Yahoo shares shares then maybe Yang should. H…
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Jerry Yang…Stop Blogging!

4 May, 2008 Economy | Comments (0) @ 22:17

This is an awful attempt at a blog post .
I would rather he make Yahoo Finance better. Maybe integrate a few things…seeing it’s 2008.
I want to own stocks going up, not hear from CEO’s passing up gigantour increases to shareholder value without a real plan to get me the same place.
Deep down i am glad the deal did’nt happen…it was a retarded idea. That does not mean Jerry should not have jumped at the idea when he could.
…
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Web Video…So Many Problems, So Few Solutions…For Now!

4 May, 2008 Economy | Comments (0) @ 21:55

Mark Cuban is pretty hateful on web video. He has hated YouTube forever. Hate does not make you money.
His hate has been misplaced. He should have been hating on Jason Kidd so that he would not have blown the franchise.
He does makes some excellent points about the problems for the web video industry , but when you look at any industry in the top of the first inning, it’s easy to poke holes.
…
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Cruising For Deals At The BRK Tradeshow

4 May, 2008 Economy | Comments (0) @ 21:39

Berkshire Hathaway’s annual shareholder meeting kicked off Friday and, as luck would have it, one of the 27,000 (tiny) fractional owners of the company is a DealBreaker reader. Curtis Walker has been liveblogging the jamboree, which, in year’s past, has included Warren Buffett losing to an 1…
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Euro Zone: NTC Research Euro-Zone Services PMI

4 May, 2008 Economy | Comments (0) @ 21:30

NA…
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Catch-up Game or Real Strength

4 May, 2008 Economy | Comments (0) admin @ 21:29

Taiwan: Consumer Price Index

4 May, 2008 Economy | Comments (0) @ 21:00

Taiwanese inflation eased slightly in March, advancing 3.86% y/y in April, compared to a strong rise of 3.96% in March. Rising interest rates in March likely helped to lower consumer prices on the island.…
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Tiny TV - too early to be useful?

4 May, 2008 Economy | Comments (0) @ 20:37

Like my new TV, um, I mean, phone? (Lee Jin-man/AP)
In the global economy, companies and even entire industries occasionally take big gambles that really do pay off, just not on their expected timetable. The massive investments in fiber optic cable during the 1990s were a prime example: millions if not billions of dollars spent [...]…
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Altucher’s Top ‘Beat the Street’ Stock Picks

4 May, 2008 Economy | Comments (0) @ 20:01

Altucher’s Top ‘Beat the Street’ Stock Picks

…
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I’ll Shill for Hillary

4 May, 2008 Economy | Comments (0) @ 20:01

(May 4, 2008 08:01 PM, by Bryan Caplan) Hillary’s having trouble finding an economist to back her suspension of the gas tax. But she need look no further……
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Korean Equities Picked to Rally

4 May, 2008 Economy | Comments (0) @ 20:00

A weakening economy has failed to douse the enthusiasm of Warren Buffet for Korea’s economy.…
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Market Wrap: Kiwi Supported by Record Labour Cost Growth

4 May, 2008 Economy | Comments (0) @ 20:00

New Zealand dollar well bid as rising wages set to sustain elevated interest rates.…
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Dismal Europe Will Not Be Updated Today

4 May, 2008 Economy | Comments (0) @ 20:00

Due to a public holiday in the U.K.…
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Media Self-Absorption Watch

4 May, 2008 Economy | Comments (0) @ 19:22

Check out this unintentionally hilarious paragraph from a completely fatuous editorial in today’s Washington Post.

Chelsea has been winning kudos in this campaign as an effective surrogate for Hillary Rodham Clinton, but I keep wondering whether she’s an effective representative for us. Like me, Chelsea’s a twentysomething (28 to my 29), a member of the generation that, as it happens, I spend a lot of time learning and writing about. We’re ironic, sarcastic and self-deprecating, a reflection of the pop culture and politics that played out while we grew up in the 1980s, 1990s and onward. We were weaned on Chevy Chase movies (”Spies Like Us,” of course, being the best), grunge and MTV’s “The Real World” (seasons 1 and 2 only, please) and trained by the Onion, Jon Stewart and Stephen Colbert to detect spin in the most banal comments. People my age shed privacy at the nearest high-speed Internet connection and, more often than not, display the very grown-up qualities of self-awareness and self-reflection.
…
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Fishing in the Right Pond

4 May, 2008 Economy | Comments (0) @ 19:15

Having a good trading method is only part of the problem.  One must also find the right trading "universe."

The original Turtle Traders learned this, and so should we.

We have been getting some good questions about our TCA-ETF system …
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A Woman of the People

4 May, 2008 Economy | Comments (0) @ 19:01

(May 4, 2008 07:01 PM, by Arnold Kling) According to Reuters, Democratic presidential candidate Hillary Clinton on Sunday dismissed the "elite opinion" of economists who criticized her gas……
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Kiwi Wages Growth Remains at Record Level

4 May, 2008 Economy | Comments (0) @ 19:00

Though the first quarter increase was less than analysts expected.…
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European Preview: 5 May

4 May, 2008 Economy | Comments (0) @ 19:00

Consumer prices heat up in Russia.…
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ASEAN to Fight Food Price Hikes

4 May, 2008 Economy | Comments (0) @ 18:00

Agreement may help ease inflationary pressures in the region.…
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