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:
||John Lounsbury analyzes the declines in Global Markets
|July Retail Sales
||When sales are adjusted for inflation and proper methodology is applied – sales are down
|June Business Sales
||Sales are down month-over-month
|August Michigan Sentiment
||Now at the lowest level since May 1980
|June Trade Balance
||Exports suggest softening global economy
||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
||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
||Rail traffic is continuing to deteriorate – and foretells a slowing economy
||Two methods of deriving unemployment give drastically different results.
||Scott Sambucci’s shows autumn home price contraction is starting w/o achieving 2010 peak levels.
||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.
||Dirk Ehnts questions if the IMF understands the EU.
||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.
||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.
||Doug Short compares current market volatility to 2008.
||Andrew Butter suggests the market has lost sight of the equilibrium price
||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.