Friday, July 31, 2009

Second Quarter U.S. GDP Down I

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How much America produces as measured by its Gross Domestic Product fell again in the second quarter which ended June 30th, 2009. The decli...
Wednesday, July 29, 2009

If You Think Wichita's Unemployment Is Bad, Look At Detroit's!

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The Bureau of Labor Statistics summarized the employment situation for the country's states and metropolitan areas. As announced earli...
Tuesday, July 21, 2009

Yes, Virginia, the Fed Does Have An Exit Strategy

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It seems literally Providential that Dr. Ben Bernanke was chairing the Board of Governors when the financial crisis hit. He, as a young res...
Friday, July 10, 2009

Xinjiang Is more Important than a New International Moneary System for China's Hu Jintao

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The drama at the G-8 meeting in Italy came when China's Hu Jintao deserted the conference before it began. Richard McGregor and Kathrin ...
Thursday, July 09, 2009

It's Abut Time Someone Did: Asian Officials Push Back Against Savings Glut Theory

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On July 3rd, Andrew Batson at the Wall Street Journal reported: " Asian officials and scholars are pushing back against the notion that...
Tuesday, July 07, 2009

European Air Traffic Down

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The Wall Street Journal's Kaveri Niththyananthan reports, " Several European carriers Tuesday reported falls in traffic for June, h...
Thursday, July 02, 2009

Making Sense out of the Economic News: Not As Bad As The Dow Took It.

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We have just had a great deal of economic news come out. The Employment Report: The unemployment rate is up slightly to 9.5 percent (compar...
Tuesday, June 30, 2009

Turn in Thursday for News

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Thursday will bring two big releases of national economic data with significant implications for the Wichita economy. 9:00 A.M. Central Dayl...
Friday, June 26, 2009

The Bank of China Has Elevated Zhou Xiaochuan's Call for International Monetary Reform

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Mr. Zhou Xiaochuan, is the People's Bank of China's Governor and Chairman of the Monetary Policy Committee. He published a paper on...