US Economy: Reflections on the July ISM PMIs

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The latest GDP-weighted PMI is suggesting that US GDP growth in the third quarter could be running at approximately 3% on a year-ago basis compared to my previous estimate of 2% to 2.5%. Read on … […]






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Charlie Rose: Face to face with Rogoff and Wessel

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In this video, Charlie Rose sits down with Kenneth Rogoff of Harvard University & David Wessel, economics editor of The Wall Street Journal, for a thoughtful discussion on the economy. […]






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Picture du Jour: Payrolls disappoint

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The U.S. Labor Department yesterday announced that non-farm payroll employment declined by 131,000 as the dismissal of census workers contributed to a reduction of 202,000 in government payrolls. The jobless rate was unchanged at 9.5% as hundreds of thousands of workers left the labor force. Click through for two worrying charts. […]






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Robin Griffiths of the greenback’s outlook

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“The dollar trade, weighted, has been weak for the last few months, and that’s largely a function of whether investors are putting risk on or taking risk off,” Robin Griffiths of Cazenove Capital told CNBC. […]






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Don Coxe webcast – updated (August 3,2010)

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Don Coxe has updated his popular webcast on Tuesday, August 3, 2010. Click through for the recording … […]






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Rating agency feud: S&P vs. Dagong

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It all started almost a month ago when Dagong, the largest credit-rating agency in China, took on S&P, Moody’s and Fitch … […]






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