Contained Depression

Stock Market Basics - From investment beginner to Savvy Investor

 

 

Contained Depression By Michael Shedlock

We are certainly in a depression. However, 40 million people on food stamps as of August 2010, masks that depression. The cost of the food stamp program is on schedule to exceed $60 billion in fiscal 2010. For comparison purposes, there was just over 11 million on food stamps in 2005.

There is massive underemployment with 8.5 million working "part time for economic reasons" and another 2.6 million "marginally attached" workers who want a job but are not considered unemployed because they have not looked for 4 weeks. This is "containment" of sorts, as the official numbers mask the depth of the unemployment problem. Continue Reading

Economic Schedule for the Week Commencing Aug 22nd

Stock Market Basics - Combining Economics, Fundamentals and Technicals for the Savvy Investor

Three key housing reports and the second estimate of Q2 GDP will be the highlights this week. Existing home sales will be released on Tuesday, New Home sales on Wednesday, the MBA Q2 National Delinquency Survey on Thursday, and Q2 GDP on Friday. A busy week ...

Source: Calculated Risk

Where is our economy really heading?

Stock Market Basics - Is a Depression Really an option for Our Economy?

"We're heading for a Depression." - Peter Schiff.

Four years on and for the US the worst recession since the 'big one' Schiff stands alone with another big bold bleak prediction: An imminent inflationary Depression.

Schiff believes the Government needs to stop the stimulus immediately as it is the Government that has prevented an efficient allocation of resources.

Could Increased Company Spending Save the Economy?

After scaling back during the economic downturn, many American firms have increased their capital spending this past year. Some analysts suspect this trend will lead an increase in the job market and healthier unemployment level. Continue....

 

American Business Journal

 

Investing for Beginners: Stock Market Basics - Combining Economics, Fundamentals and Technicals

Weekly Unemployment Claims Hit 500,000 - Exceed Economist Estimates

 

Weekly unemployment claims hit 500,000 exceeding every forecast. There has been no lasting improvement since November 14, 2009, over nine months ago. How can we lose 400,000+ jobs a week and yet have the unemployment rate stay flat and the monthly jobs report show gains? Continue Reading

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

 

 

Investing for Beginners: Stock Market Basics - Combining Economics, Fundamentals and Technicals

And We Thought Everything in Europe was Smelling Like Roses

Stock Market Basics - Greek Debt Crisis Update

Tensions Rise in Greece as Austerity Measures Backfire

By Corinna Jessen in Athens   Photo:DPA

The austerity measures that were supposed to fix Greece's problems are dragging down the country's economy. Stores are closing, tax revenues are falling and unemployment has hit an unbelievable 70 percent in some places. Frustrated workers are threatening to strike back. Continue Reading....

American Debt Crisis

Stock Market Basics - U.S Long Term Debt is the Real Problem

 

 

Even after the economy recovers, the gap between money out and money in will persist largely because of long-anticipated demographic changes such as the aging of the population. And borrowing to fill that gap could become much more expensive than it has been.

 

Full article...

 

By Jeanne Sahadi, senior writer CNNMoney.com

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Stock market basics

Interesting assessment of a number of U.S cities

22 Cities in danger of a Double-Dip Recession

The chance of a national double-dip recession is hotly debated amid an increasing number of signs that the economic recovery is losing pace, but the risk is particularly troublesome on a local level.

A new report from Moody's Economy.com singled out 22 cities that are at risk of slipping back into a recession in as early as three months. Continue reading

By Hibah Yousuf, staff reporter CNN Money.com

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