Global Economic News and Analysis
Written by Adam Whitehead, KeySignals.com Terminal Velocity (27) “Held Hostage By a Fortune” explained how President Obama had turned the Republican soldiers of fortune from hostage takers to hostages. Then the President emerged from captivity to signal that the Debt Ceiling can of worms had been kicked down the road. By employing accounting sophistry the …
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Written by Adam Whitehead, KeySignals.com Terminal Velocity “And Now the End Is Near” used the allegory of Federal Reserve Governors singing the from the same page (like the Rat Pack) but in the wrong order. The dissonance created ripples in capital markets; which became waves of much larger amplitude in the real economy. Terminal Velocity …
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by Cliff Wachtel, FX Empire Here’s an additional collection of lessons learned from the latest US debt policy battle (see here for the previous one) –
Initial Claims of Disaster To Be Taken With A Grain of Salt by Lee Adler, Wall Street Examiner First time unemployment claims continued their strength in late September but that should change radically in the weeks ahead as the effects of the chaos in Washington (pictured, click to enlarge) begin to ripple through the economy. …
Continue reading “Persistent Shutdown Will Increase Initial Claims”