Weekly Highlights 22 July 2011

This is the table that accompanies the weekly economic review article at Global Economic Intersection – and is a summary of the analysis, investing and opinion articles published this week.  See the weekly economic summary article: There Are More Global Problems than Sovereign Debt.

Weekly Economic Release Scorecard:

Item Headline Analysis
Sovereign Bonds

Dirk Ehnts answers Krugman’s question why Italian government bond yields are much higher than Japan’s
USA & Europe Debt

Edward Harrison reviews the constraints to successfully solving the debt crisis
June Conference Board Leading Economic Indicator
Up is less good. Not sure that this index is not broken as it is too heavily weighted towards monetary policy
Trade Balance

Michael Pettis finds arguments by trade surplus nations surreal.
June Existing Home Sales
Down?? The data is flat at worse. Home sales are consistent with past trends, and home prices are now unchanged YoY
European Wines

Elliott Morss looks at the business & consumption end of European wines.
June Residential Construction Permits
Second month of YoY increase in permits. Completions still contracting.
Bank Regulation

Amar Bhidé warns against cookie-cutter bank regulations
USA Debt Crisis

John Lounsbury & Steven Hansen explain that there is no good solution to the crisis
Consumer Metrics

Rick Davis reviews the improvements to the CMI index
Employment Numbers

Elliott Morss dissects the BLS jobs numbers from 2001 to present
Cultural Child Raising

Frank Li’s think piece this week is about the difference between Chinese and American parenting
Debt Crisis

Lance Roberts attacks the notion tax increases are a solution in balancing the budget
Fannie & Freddie

Dean Baker says government policy led to bad loans
European Bank Stress Tests

Dirk Ehnts discusses the potential of turmoil with the release of the European bank stress test results
Are Lawyers Protecting or hurting?

Rick Davis penned a provocative think piece about the legal profession rule of the USA halls of power

L. Randall Wray asks whether Greece can survive in the Euro
Charter Cities

Dirk Ehnts explores how one-shoe-fits-all approach may not work
Evaluating Trading Risk

Jeff Miller says the time to invest is when everyone is worried
Municipal Bonds

Ridgeworth Investments believes quality muni’s should be a part of investor’s portfolio
Risk Assessment

Jeff Miller says much risk is only anecdotal.
Income Investors

Larry Spears reviews how options are useful in a income portfolio
ETF vs Mutual Funds

John Lounsbury reviews the nuances of each of these investment vehicles