Archive for April 28th, 2011

Daily Reading – Thursday, April 28, 2011

*** Econbrowser: Economy still growing and still disappointing ***
*** The Big Picture: Q1 GDP medicore ***
*** The Big Picture: Bank Arbitrage (JPM, C) ***
*** Reuters: What’s on Ben’s mind? ***
*** FT Alphaville: Meanwhile in China… ***
*** FT Alphaville: And now for Chinese zinc shenanigans ***
*** FT Alphaville: Chinese bonded warehouses’ copper inventories still rising ***
*** FT Alphaville: Copper, the re-export factor ***
*** FT BeyondBRICs: China property: to burst, or not to burst? ***
*** Pragmatic Capitalism: DAVID ROSENBERG TURNS BULLISH…. ***
*** WSJ The Source: Is It Different This Time Round? ***
*** MarketWatch: Buy gold ***
*** The Economist: Daily chart: which countries hoard the most gold? ***
*** New York Post: From rags to Internet riches, in 3 months ***

Video Of The Day: Fight of the Century: Keynes vs. Hayek Round Two

According to the National Bureau of Economic Research, the Great Recession ended almost two years ago, in the summer of 2009. But we’re all uneasy. Job growth has been disappointing. The recovery seems fragile. Where should we head from here? Is that question even meaningful? Can the government steer the economy or have past attempts helped create the mess we’re still in.
John Maynard Keynes and F. A. Hayek never agreed on the answers to these questions and they still don’t. Let’s listen to the greats. See Keynes and Hayek throwing down in “Fight of the Century”.

U.S. GDP Growth in Q1 2011 At 1.8%

U.S. GDP growth for Q1 was reported at 1.8%; consensus was at 2.0%. Q4 2010 reading was at +3.1%.

Slowing down.

 

Get Adobe Flash player