Tag Archives: Consumption

Gas expenditures as % income at 30-year high

Paid over $4.00 a gallon this weekend.  This high this early in the year brings the gas price back on the macro radar screen. The EIA notes, Gasoline expenditures in 2012 for the average U.S. household reached $2,912, or just … Continue reading

Posted in Crude Oil, Energy | Tagged , , | 3 Comments

Charlie Rose: Joe Stiglitiz, Housing’s Not Coming Back

Professor Stiglitz’ Nobel credentials really shine with his current understanding of the U.S. economy in this interview with Charlie, which took place last month.  They discuss many issues,  including LIBOR,  derivatives,  European banks,  too big to fail, the fiscal cliff, … Continue reading

Posted in Economics, Housing, Whales | Tagged , , , | Leave a comment