May 18, 2015
Why Are Economists’ Predictions So Damn Awful?
View article: Why Are Economists’ Predictions So Damn Awful?
Hard hitting global and local news
Hard hitting global and local news
View article: Why Are Economists’ Predictions So Damn Awful?
Original post: Steel Consumption in China Declines First Time in Three Decades; Painful Rebalancing
Blog Comments Down Posted by Michael Shedlock at 12:52 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Productivity Dives, Wages Rise; Inflation Theory vs. Practice; Technical Recession? Today’s BLS release on Productivity and Cos ts shows a back-to-back decline in productivity accompanied with rising wages
Read the article: ISM Disappoints, Led by Decline in Employment
Construction Spending "Once Again Defies Expectations" Much Weaker Than Expected; Four Reasons Economists Perplexed Economists have been overly optimistic on the majority of economic reports for going on six months. Today the Bloomberg Consensus estimate for construction spending was for a 0.4% gain. The actual result was a decline of 0.6%
Prior to this plunge, LinkedIn had a market cap of $31.74 Billion. Why?
Originally posted here: Reader Question: Is the Minimum Wage Really a Maximum Wage?
Any notion that pension shortfalls can be balanced on the backs of Illinois taxpayers needs to vanish now. How did Illinois plans became so underfunded? In general, by promising far more than can possibly be delivered