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: Deficit Ceiling Debate Only Kicks the Can Down the Road
Weekly Economic Release Scorecard:
Item | Headline | Analysis |
University Of Michigan Sentiment |
Down |
Now at the lowest level since March 2009 |
2Q2011 GDP |
Up 1.3% |
The story is the downward revision of 1Q GDP to 0.4%. A lot of trends in these numbers |
Auto Sales |
Rick Davis shows how car buying patterns respond to economic events |
|
June Durable Goods |
Down |
Durable Goods may be down 4% MoM – and almost flat YoY, inflation adjusted |
Unemployment Rate |
John Mauldin shows the employment growth necessary to bring down the unemployment rate |
|
Another Recession? |
Caroline Corbett and Lance Roberts ponder whether we are entering another recession | |
May Case-Shiller Home Price Index |
Up |
Home prices are increasing in the normal seasonal surge but are 4.5% below a year ago |
June New Home Sales |
Up |
Home sales may be up, but it is only 1,000 houses. New home sales remain depressed |
Europe Bailout |
Dirk Ehnts says the current agreements ignore the disease |
|
Medicare |
John Lounsbury & Steven Hansen: Medicare and private health care delivery costs are similar |
|
June Chicago Fed National Activity Index |
Down |
This super coincident index is showing the economy is deeply in a soft spot |
Economic Theory |
Van Hoisington & Lacy Hunt argue that government fiscal and monetary policy do not aid the well being of the economy | |
Consumer Metrics |
Improving |
Rick Davis: There is a disconnect between what consumers are saying and what they are doing |
Real Estate Bubble |
William Black: Bush Council of Economic Advisors’ reports said no real estate bubble was underway |
|
China |
Frank Li looks at the Chinese system looking for lessons that should be learned |
|
Greece & the EU |
John Mauldin: Eurozone solutions ensure a recession |
|
Hoover & Obama |
Marshall Auerbach compares the “accomplishments” of both Presidents | |
Obstacles to Economic Growth |
Rick Davis questions whether entrenched Keynesian theory is the biggest obstacle |
|
Eurozone |
Dirk Ehnts points out unemployment is a growing problem |
|
Debt Ceiling |
Joseph Firestone suggests a debt ceiling workaround – coin seigniorage |
|
Euro Crisis |
Dirk Ehnts points out much Eurozone debate misses the point |
|
Gold & Miners |
Why gold miner stocks are not seeing the historic leverage against gold |
|
Debt Ceiling |
Jeff Miller runs through the debt ceiling crisis likely outcome |
|
China & Silver |
Keith Fitz-Gerald analyzes the effects of silver trading starting on the Hong Kong exchange | |
Earnings Season |
David Grandey looks at several stock plays for earning season | |
Investing Bubbles |
Doug Short looks at several past bubbles and answers the question whether gold is in a bubble |
|
Economic and Monetary Imbalances |
Derryl Hermanutz’s brilliant head piece attacks our concepts of “balance” | |
Secular Market Cycles |
Ed Easterling predicts bad investing years are coming |