Tag Archives: Recession

Thank You, Mr. Gundlach

In our Monday post, we stated, Absolutely stunning to see such large budget deficits as far as the eye can see with the actual and projected unemployment rate under 5 percent. What kind of budget deficit beast will we run … Continue reading

Posted in Economics, Food Prices, Uncategorized | Tagged , , , , | Leave a comment

Das ist nicht gut!

Good Morning from #Germany which may already entered recession. Catastrophic fall in industrial production in Q4 — after neg GDP growth in Q3—has raised fears that Germany is in technical recession. Fed Stat Office will publish 1st estimate. Would be … Continue reading

Posted in Economics, Germany, Uncategorized | Tagged , | Leave a comment

Eurozone’s No Jobs, No Growth Economy

Do you sense a policy change?   After the dismal data dump today the Euro markets seem to believe they do. (click here if charts and video are not observable)

Posted in Euro, Germany | Tagged , , , , | 1 Comment

No end in sight to Spain’s financial troubles

Hurry up, Mario! (click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Spain | Tagged , , , | Leave a comment

Picture of the Day: Spain’s Real Estate Bust

Apartment blocks in Sesena in the Toledo Provence near Madrid, Spain, seen on February 9, 2012. Only a 45-minute drive from downtown Madrid, towering vacant apartment blocks loom over empty streets and weed-filled lots. Apartments galore are for sale and … Continue reading

Posted in Black Swan Watch, Housing, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

Eurozone Manufacturing Continues to Slide

In case you missed this yesterday. (click here if chart is not observable)

Posted in Economics, Euro | Tagged , | Leave a comment