Seeing recession out the door

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By Cees Bruggemans

When will the recession end?

It will only be confirmed long after the fact, which is normal with economic turning points, as it takes time for factual data to accumulate, finally making a convincing case that the end has indeed come.

But for planning purposes there is […]

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Lagging indicators – an evasive bounce?

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Lagging indicators – an evasive bounce? See this post for a another cool financial cartoon by Tom Toles. […]






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Damn bankers!

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Source: Paul Zanetti, May 11, 2009.

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Stock markets: reversal time?

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Stock markets are overbought and looking exhausted after the monumental rally over the past nine weeks. Is the rally about to be reigned in? […]






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Is anyone minding the store at the Fed?

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In the video clip below, Rep. Alan Grayson asks the Federal Reserve Inspector General, Elizabeth Coleman, about the trillions of dollars lent or spent by the Fed and where it went, and the trillions of off balance sheet obligations. Coleman responds that the Inspector General does not know and is not tracking where this money is. You can’t make up stuff like this! […]






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