This week, the economic summary article was published in the opinion blog, and asks Did Government Overspending Prevent Economic Armageddon? Read Scorecard table below:
Weekly Economic Release Scorecard:
| Item | Headline | Analysis |
| Chicago Purchasing Managers | Highest level since 1988 | Not credible |
| Pending Home Sales | Home recovery underway | Dec 2010 sales forecast down 21% YoY |
| Current Economic Crisis | Likely worse than the Great Depression in some areas | |
| Jeffrey Fraenkel’s View of Current Crisis | Learn from emerging economies | |
| January economic forecast | Improving conditions month over month | |
| Consumer Confidence | Up and down | |
| Current Account Deficit | Not a problem for India | |
| Case Shiller home prices | Down 0.8% | Home price double dip underway |
| Personal Transfer Payments | Increase equals GDP improvement via consumer spending | |
| QE Indian Style | The dollar is the reserve currency while the rupee is not | |
| Will Consumer Come Back in 2011 | No | |
| Environmental and Energy Economics | Economic effects of climate change | |
| Opinion: Wall Street Lies | Happy New Year | |
| Opinion: Bailing out Banks | Bail out borrowers instead | |
| Opinion: Econintersects 2011 economic predictions | Econintersect’s likely wrong predictions for 2011 | |
| Opinion: Eurozone | Crisis will explode in 2011 |
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