Consumer confidence, or not?

This morning the Conference Board reported its monthly consumer confidence number.  Data gathered indicate that confidence fell to 52.5 from a 54.3 level in November.  Conference Board statisticians also calculate an expectations index that reflects consumer feelings...

Chinese interest rate rise

You may have heard that in a surprise announcement the Chinese government raised interest rates 0.25% on Saturday, 25 December.  As I have been writing about on the blog for several months, the effort is being launched to ease inflation pressures in China. Analysis:...

Happy Holidays!

Wherever you may be I hope that your holy day season is filled with smiles, fun, relaxation and rejuvenation!  Thank you for your continued interest in the blog and in my other media as well.  I truly appreciate all of you! Jason

Austere Greek budget

Yesterday saw the passage of an austere budget plan by the Greek government.  I don’t consider going into all of the details of the plan to be important.  Most importantly though, the budget deficit as a percentage of gross domestic product is projected to be...

In the U.K. private investors are rising

This morning’s edition of the Financial Times is reporting that the number and level of private investors in the United Kingdom has hit its highest level since May of 2008.  Recall that dark month was where Lehman Brothers collapsed and subsequently set in...