Top 5 Graphs of the Week – 30 January 2010
The past week saw important updates on several key economies. First up is US GDP figures, showing an acceleration of the inventory cycle and stimulus led recovery.[More...]
U.S. GDP – 1980s Redux?
The Great Recession is now in our rear-view mirrors and with GDP growth of 5.7 in the fourth quarter, the recovery looks well underway. However, the surge in growth is unlike anything we have seen in a while. The recessions of the early 2000’s and 19…
Football is not a business, as Crystal Palace shows
The myth has been around for long enough now. “Football is business,” proclaimed The Independent when the Glazers took over at Man Utd. “The Football Business” runs the title of a book by David Conn of The Guardian. There are ev…
Martin Wolf in Davos: Will the will to take on difficult issues disappear?
Martin Wolf is writing for the FT’s Davos blog. Here is a copy of his third entry.
Here are further glimpses of the Davos kaleidoscope.
First, my friend Moises Naim, editor of Foreign Policy, gave me a new acronym on the global recovery. It is LU…
Good Earnings, Data Not Enough
When the market decides to sell the news, or just plain sell off, there is little that can stop it. We’ve had three pretty significant things within the last 24 that would have allowed the market to turnaround.
1) Bernanke re-appointed. -Takes…
Where The GDP Growth Came From
When looking at the GDP report, and trying to look at what is driving growth, it is important to keep in mind that now all parts of GDP are of equal size, and thus equal importance. Furthermore, some parts of GDP tend to be very stable, while others ca…
The iPod in the Rye
How apt that JD Salinger should have gone to the Great Writers’ Retreat in the Sky on the exact same day that Apple unveiled its latest piece of high-tech handheld gadgetry, the iPad.
Although The Catcher in the Rye defined adolescence for gene…
5.7% Real GDP Growth Rate in the Fourth Quarter (Where Oh Where Is My Okun’s Law? Department)
The Bureau of Economic Analysis: >Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 5.7 percent in the fourth quarter of 2009, (that is, from…
The Perils Of Letting A Relative Manage Your Money
In journalism they say three makes a trend and regretfully my office has identified a disturbing one relating to investors who let a family member manage their money. During the past few months we’ve been contacted by various individuals whose …
Early reactions to Blair at Chilcot
For days, columnists have been positing their own questions for Blair to answer about the invasion of Iraq. Today, for six hours, the five members of the Chilcot Inquiry have been asking the ones Blair actually has to answer.
For the latest events, see…