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: Solutions Wanted to Stabilize Housing Market
Weekly Economic Release Scorecard:
Item | Headline | Analysis |
Global Markets |
John Lounsbury analyzes the declines in Global Markets |
|
July Retail Sales |
Up 0.5% |
When sales are adjusted for inflation and proper methodology is applied – sales are down |
June Business Sales |
Up 0.4% |
Sales are down month-over-month |
August Michigan Sentiment |
Down Sharply |
Now at the lowest level since May 1980 |
June Trade Balance |
Growing |
Exports suggest softening global economy |
China Costs |
Waiching Li explains why Chinese products cost more in China than on USA Main Street |
|
June JOLTS (BLS) |
This report shows poor expansion dynamics for jobs growth |
|
June Wholesale Sales |
Expanding |
No sign of recession at wholesale level. Inconsistent with most other indicators. |
July Diesel Fuel Index |
Possibly, this index may be signalling a bottom to the contraction. |
|
Sovereign Credit Ratings |
Elliott Morss looks at ratings methodology and suggests where to invest. |
|
July Rail Counts |
Less Good |
Rail traffic is continuing to deteriorate – and foretells a slowing economy |
Unemployment Rate |
Two methods of deriving unemployment give drastically different results. |
|
Home Prices |
Scott Sambucci’s shows autumn home price contraction is starting w/o achieving 2010 peak levels. |
|
USA |
Frank Li reviews his climb from a Chinese immigrant to his fulfilling the American Dream |
|
USA Child Poverty |
Pavlina Tcherneva: USA has worst child poverty of any industrialized country – and offers solutions. |
|
PIIGS Crisis |
Dirk Ehnts questions if the IMF understands the EU. |
|
USA Debt |
Derryl Hermanutz argues non-debt money can save the economy |
|
USA Debt Fraud |
Roger Erickson argues debt is not bad, and current solutions to solve the deficit will kill the economy. |
|
Global Depression |
Sanjeev Kulkarni hopes the solution to the terrible global economy is not WW III |
|
USA Budget Deficit |
Elliott Morss gives alternatives to Debt Ceiling compromise. |
|
$VIX |
Doug Short compares current market volatility to 2008. |
|
Oil Prices |
Andrew Butter suggests the market has lost sight of the equilibrium price |
|
Recession Odds |
Jeff Miller looks at chance of a recession – and gives investing thoughts. |
|
USA’s 04Aug Market Selloff |
Shah Gilani says selloff was an inevitable result of investors watching economic fundamentals before earnings. reports |
|
USA Debt Downgrade |
David Grandey: how to handle market correction that he believes was induced by debt downgrade. |