The American Jury Is Still Out; But the European Judge Condemns the Prisoner

Age of Wisdom, Age of Foolishness (11) Written by Adam Whitehead, KeySignals.com Age of Wisdom, Age of Foolishness (10) “The American Jury is Out, But the European Jury Has Voted”[i] reported on the unfolding courtroom dramas, on both sides of the Atlantic, in relation to the verdict on the economic recovery. Last week, the American …

The Two Economic Juries of the Atlantic

Age of Wisdom, Age of Foolishness (10): “The American Jury Is Out, But the European Jury Has Voted” Written by Adam Whitehead, KeySignals.com The American jury was still out in the first real trading week of the New Year. The case for the Defendant rested upon proof that the US economy was strengthening enough to …

November 2013 Consumer Credit Rate of Growth Slows

Written by Steven Hansen Econintersect analysis is that total consumer credit growth has decelerated 0.1% month-over-month, and the year-over-year growth is 6.1% – down marginally from last month. The seasonally adjusted consumer credit headlines are showing a growth of 4.75% – the headline numbers are extremely noisy. There was significant backward revision to the data, …

Season of Goodwill

Age of Wisdom, Age of Foolishness (9) Written by Adam Whitehead, KeySignals.com A lot of giving of other peoples’ (American taxpayers’) money was evident this Festive Season. Incoming Federal housing stimulus Czar Mel Watt opened up the cold fist of the FHA, which had been clenched by the outgoing Ed “Scrooge” DeMarco, by delaying the …