This is the table that accompanies the weekly economic review article at Global Economic Intersection: Economic Soft Patch and Oil Price Band-aids
Weekly Economic Release Scorecard:
| Item | Headline | Analysis |
| June Michigan Sentiment |
Down |
Remains at Recession levels |
| May Construction Spending |
Down |
Yes down YoY, but is up MoM – broke 2 month down trend |
| June ISM Manufacturing |
Up |
It is only up and better than last month if you listen to CNBC |
| July Economic Forecast |
Economic soft spot will continue in July |
|
| May Pending Home Sales Index |
Up 8.2% |
Here is a case where up is down – and pending home sales actually is foretelling a 20% decline YoY in June home sales |
| June Consumer Confidence |
Down |
Doug Short puts these disappointing numbers into context |
| April Case-Shiller Home Prices |
Up / down |
The unadjusted index is up, the analysis says it is not up as the past historical Spring bounce |
| Oil Stockpile Release |
Elliott Morss provides background info, and potential effects of this release |
|
| May Personal Consumption Expenditures |
Up |
Inflation adjusted data is down |
| Latin America |
Elliott Morss & Diego Gauna do a complete evaluation including economic vulnerability and resiliency | |
| Sweden |
Henrik Isakson evaluates importance of exports and imports |
|
| 1Q2011 GDP |
Rick Davis takes a second look and believes QE3 may be on the horizon |
|
| BitCoin |
Dirk Ehnts takes a look at this new currency |
|
| Greece |
Bradley Lewis plays out where this crisis may be going |
|
| USA President |
Frank Li has ideas how to make this political office work better |
|
| Financial Profits |
Lance Roberts correlates increasing financial profits to degradation of economic prosperity |
|
| Deficits & Debt |
Elliott Morss argues against immediate budget costs suggesting economic damage will result |
|
| India Anti-Corruption |
Ajay Shah identifies 3 paths to make headway |
|
| Greece Crisis |
Dirk Ehnts offers an insiders view, and illustrates media disinformation |
|
| QE2 & Economy |
Jon Markman argues Fed’s actions only prevented deflation and did little for the economy |
|
| USA Investment Outlook |
MacroTides details events which must fall into place for a market run up |
|
| Russia, India & China |
Sanjeev Kulkarni reviews how this trading block is picking up steam |
|
| Trading Week |
Jeff Miller looks at why the markets are so volatile |
|
| Brazil, India & China |
MacroTides looks at investing in these economies which are expected to slow |