The missing GDP
If you’re keen for yet another post comparing the US recovery against prior editions, we think this table sent by Credit Suisse on Friday is worth a quick look:It shows...
America, healing? Not in Bob’s world
When you start talking about US growth in 2012, it’s hard to stop. The huge November consumer credit increase being a case in point. Plus a long slew of comfy data on auto sales,...
Interview with Goldman’s Jan Hatzius
We interviewed Goldman’s Jan Hatzius yesterday about the 2012 outlook and a few other things for FT.com, but we’ve embedded below a longer version of the clip with...
What the FOMC will (merely) discuss tomorrow
We’ll wait to see if Fedwire has any updates to his article from last week, but right now it seems likely that no major policy decisions will come out of tomorrow’s...
US unemployment rate falls to 8.6 per cent, payrolls up 120,000
Consensus expectations were for 9 per cent and 125,000.But don’t be deceived by the eye-catching drop in the unemployment rate: this report was good but not great.The...
Black Friday to the rescue — but at what cost?
US equity markets are nearly as excited about Black Friday as these shoppers:Retail surveys all point to above-expectations spending over the so-called “first weekend...
Supercommittee: oh, drag
Last week FT Alphaville listed some of the items that would affect how much fiscal drag the US economy would confront in the next couple of years.In light of the US budget Supercommittee’s...
Non-farm payrolls climbed 80k in October, unemployment falls to 9 per cent
An 80,000 rise in non-farm payrolls is disappointing, but something exorcised the devil from the report’s underlying details, which were better than hoped.There were big...
US consumer “confidence” at recessionary levels
A list of antonyms for “confidence”: “uncertainty”, “disbelief”, “carefulness”, “caution”, “circumspection”,...
Great Stagnations from the archives
It’s unwise to hear the ghosts of history in just one or two echoes of the present.Which is just an overwrought our way of saying that it’s important to search beyond...
Increasing Macroeconomic Fright
Title of the IMF’s World Economic Outlook, September 2010:Recovery, Risk & RebalancingThe title of the September 2011 edition (just out at pixel time)…Slowing Growth,...
