This is a rhetorical question, of course, because otherwise it would be a silly question. Here’s the detailed answer. [...]
Posts Tagged ‘Economy’
February 6th, 2016 - 11:41 am § in Misc.
TPP .. is it good or bad? Tags!
The data I have seen says that the TPP would greatly improve the trade and jobs by US companies along our two coasts .. the tech and service industries that now dominate our economy. This is a huge issue because the US, under Obama, has emerged from the Bush debacle as the overwhelming superpower i[...]
January 16th, 2016 - 11:16 am § in Misc.
AFTER TRUMP: The case for TPP
TPP Is Exciting. Let’s Make the Case for It. The trade deal’s virtues don’t make good sound bites. Still, they’re compelling. BLOOMBERG.COM|BY TYLER COWEN[...]
January 11th, 2016 - 11:50 am § in Misc.
CHEAP OIL
U.S. West Texas Intermediate (WTI) crude was down $2.06 at $31.10 per barrel by 1:20 p.m. EDT (1820 GMT), having briefly dipped below $31 to the lowest level since December 2003. Brent crude futures were down by $2.15 at $31.40 a barrel, after falling to the lowest level since April 2004. [...]
November 8th, 2015 - 1:03 am § in Uncategorized
World GDP, 1980-2015, in a chart
As you can see in the IMF chart below, the world’s economic growth rate hit a plateau in 2012 and is now stagnant. Also, China and other emerging economies have been the principal drivers of the global economy since about 2000.[...]
November 2nd, 2015 - 10:15 pm § in Politics
Homeless in Seattle
When people hear “housing crisis” now, they mostly think of soaring rents and tight rental markets, but millions of underwater mortgages are still holding back the economy (along with stagnant wages, less job security, lower quality jobs, and other economic ills). While the percentages o[...]
October 15th, 2015 - 12:54 pm § in Misc.
No Inflation ..unless you want mustard on it?
Report Mustard prices surge, squeezing producers Mustard prices have jumped this fall to their highest level in seven years as growers in Western Canada, which supplies three-quarters of the world’s traded mustard seed, turn in their smallest crop in nine years, threatening to drive up costs o[...]
September 24th, 2015 - 12:15 pm § in America
US: the Eat Out Nation
Based on June’s Census Bureau report on April retail sales, consumer spending at “Food Services and Drinking Places” (restaurants and bars, see red line) was greater than grocery store sales (blue line) in April for the third straight month, reversing a longstanding pattern of food[...]
August 24th, 2015 - 10:40 am § in America
The stock market correction explained
Stocks had become overvalued due to (a) Federal Reserve policies, and (b) lack of returns from other types of investments. The U.S. stock market was overdue for correction. A 10% correction is usually an annual event, but U.S. stocks haven’t had such a correction since 2011. U.S. economic grow[...]