Category Archives: Economics

U.S. Employment: Super Bowl Blowout!

Posted on February 3, 2012 by macromon

From today’s BLS release, Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment … Continue reading →

Posted in Charts, Demographics, Economics, Employment | Tagged , , , | Leave a comment

Brazil PMI Posts First Expansion Since May

Posted on February 1, 2012 by macromon

From today’s Markit release, January data showed an improvement in Brazilian manufacturing sector business conditions, with both output and new orders rising since December. Although only modest, the improvement in operating conditions was in contrast to the deteriorations reported in … Continue reading →

Posted in BRICs, Economics | Tagged | 1 Comment

Asian economies hit by troubled Europe

Posted on February 1, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Economics | Tagged , | Leave a comment

Global PMI at 7-month High

Posted on February 1, 2012 by macromon

Markit reports, The global manufacturing sector continued to record below trend growth at the start of 2012. At 51.2 in January, the JP Morgan Global Manufacturing PMI™ rose to a seven month high, but remained below its long-run average (51.8). … Continue reading →

Posted in Economics, Employment, Manufacturing | Tagged , , , | 3 Comments

Lagarde: The Trillion Dollar Woman and Best IMF Chief Ever?

Posted on January 26, 2012 by macromon

We like this woman  We think she could be the best IMF Chief ever.    Stay tuned. Newsweek: In a dramatic speech in Berlin this week, the IMF chief warned that the world could soon face another Great Depression, calling for … Continue reading →

Posted in Black Swan Watch, Economics, Sovereign Debt, Sovereign Risk | Tagged , , , | 4 Comments

The U.S. Wage Gap

Posted on January 26, 2012 by macromon

Interesting chart from the BLS on the U.S. wage gap by race, age, and gender.  Whatever the cause, it shows the U.S. still has a lot of work to do in closing these gaps through increasing the relative productivity of … Continue reading →

Posted in Black Swan Watch, Demographics, Economics, Employment | Tagged , , , , | 2 Comments

Current Global Growth vs. Precrisis Average

Posted on January 24, 2012 by macromon

Interest chart from today’s IMF World Economic Outlook giving some big picture perspective of the current state of the global economy relative to where it was before the crisis. Argentina is rocking relative to where it was before the crisis, … Continue reading →

Posted in Black Swan Watch, Economics | Tagged , | 3 Comments

Creative Destruction 2.0

Posted on January 19, 2012 by macromon

R.I.P, Eastman Kodak, may you rise like a Phoenix out of bankruptcy.   If only you were owned by the government,  Larry Wood, as pictured below, might still have his job doing the same work he was doing in 1968. (click … Continue reading →

Posted in Economics, Employment, Energy, Policy, Politics | Tagged , , , | 4 Comments

World Bank Bearish on Global Economic Prospects

Posted on January 17, 2012 by macromon

The World Bank’s latest Global Economic Prospects (GEP) 2012 published today warns of a coming year of “uncertainties and vulnerabilities.”    They note gross capital flows to developing countries plunged to $170 billion in the second half of 2011, which … Continue reading →

Posted in Black Swan Watch, Economics, Sovereign Debt, Sovereign Risk | Tagged , | Leave a comment

Fareed Zakaria’s GPS: Krugman and Rogoff

Posted on January 17, 2012 by macromon

Great exchange between Krugman and Rogoff on Fareed’s GPS yesterday.   Here’s the money rumble: FAREED ZAKARIA:  Paul, you had a column and a really striking graph, where you point out that if you’d asked yourself what has the market told … Continue reading →

Posted in Black Swan Watch, Economics, Fiscal Policy, Monetary Policy, Whales | Tagged , , , | 3 Comments