Monday, August 31, 2009

AIG's Financial Crisis and Boeing's Biggest Customer

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Boeing and Airbus's biggest commercial customer is not an airline but the fallen insurance giant, AIG (see my earlier  posting " Wh...
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Monday, August 24, 2009

Bernanke To Get a Second Term as Chair

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President Obama is scheduled to announce that Princeton Professor Ben Bernanke will be renominated to a second term as Chairman of the Feder...
Friday, August 21, 2009

Wichita's Unemployment Rate Jumps from 8.5% to 9.9%

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The Kansas Department of Labor reported today that Wichita's economy lost 4,671 jobs in July and the unemployment rate hit 9.9 percent....
Friday, August 14, 2009

China Is #2 In the GDP Tables

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Wikipedia summarizes the rankings of the world's economies measured by GDP at Purchasing Power Parity (PPP) prices. The U.S. is #1 stil...
Thursday, August 13, 2009

The BRIC Rally Is Based On Fundamentals

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Dominic Elliot told us in the July 27th Wall Street Journal that " the 'BRIC' acronym [was] created in 2001 by a team led by J...
Tuesday, August 11, 2009

Where There Is a Way, Is there a Will?

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Not too long ago George Melloan asked on the Opinion pages of the Wall street asked a troubling question: " Federal Reserve Chairman Be...

There You Go Again, Mr President!

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The editors of Wall Street Journal wonder if Ginnie Mae is " The Next Fannie Mae? " Specifically they worry, "Ginnie Mae o...
Saturday, August 08, 2009

China May Be the World Economy's Engine of Growth, But Are Mr, Han's Gauges Accurate?

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Earlier this week, Jamil Anderlini wrote in the Financial Times that "China’s gross domestic product figures" do not add up: ...
Friday, August 07, 2009

Good News (Or Less Bad Bad News) From Labor Markets

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The Bureau of Labor Statistics issued its employment report this morning. The unemployment rate fell from 9.5 percent to 9.4 percent. Whil...