Terminal Velocity (26) “My Friend, I’ll Say It Clear”

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 …

Persistent Shutdown Will Increase Initial Claims

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. …

How to Induce Explosive Debt Dynamics

by Menzie Chinn, Econbrowser.com The debt ceiling and implications of: “We Republicans need to be willing to tolerate a temporary, partial government shutdown.” and more recently “I think it is possible that we would shut down the government to make sure President Obama understands that we’re serious.” It is one of the oddities of current …