The Big 3 U.S. automakers continue to get a little less big.
Category Archives: recession
Slower second quarter growth
As expected, GDP growth slowed significantly in the second quarter.
Reading the yield curve
What are the implications of the current shape of the yield curve?
Can the economy shrug off $80 oil?
With world oil supplies already stressed by production cutbacks in Nigeria and Saudi Arabia, worries that the Israeli conflict might further disrupt oil shipments have produced new price highs. How does that affect the prospects for an economic downturn?
The Fed speaks and markets listen
Tim Iacono at The Mess That Greenspan Made had some interesting graphs this week.
All eyes on housing
Mark Thoma notes that the most recent FOMC statement has changed from declaring growth is “likely to moderate” to “Recent indicators suggest that economic growth is moderating”. The first stages of the long-anticipated cooling of the housing market certainly appear to be here now.
Inflation and the Fed
Certainly the recent inflation data have been– Dave Altig says
insert something negative here, so I’ll just say “unwelcome”. But when Fed Chair Ben Bernanke declared that’s exactly the way he sees it, too, markets stood up and took notice. Let’s review some of the dramatic market adjustments that have occurred since Bernanke’s June 5 remarks.
Here and there around the web
A few items catching my eye around the web this week, including probability of recession, progress on refining capacity, and Greg Mankiw and his dog.
Bernanke tells it like it is
Once again I recommend the most recent statement of our Federal Reserve Chair as some of the finest economic analysis you will find anywhere.
Early indications of trouble
One leading indicator heads south this week.