ECRI Recession Call
ECRI Stands Firm: Certain Of US Recession 2012
The Economic Cycle Research Institute, ECRI as it is more often referred to, has double downed on their recession call made last fall, and contrary to popular opinion, they now actually have more data to back it up.

ECRI's Lakshman Achuthan made the show circuit this past week ( Read more... )

Is LiveJournal Dead ?
Why would I post this to our community? Well, for one, asking is LiveJournal dead does have a lot to do with the economy in general, when you stop and think about it. And, more to the point, LiveJournal is still the platform we have chosen to use for this community forum. (More on that later.)

Many livejournal.com users have ( Read more... )

Lower Health Insurance Costs ?

#healthcare (Health Insurance Costs)

Ever since 2010 and the great healthcare, health insurance debate turned into what is now healthcare, health insurance policy, much has been made of the fact that more and more Americans are no longer being denied policies, and that many policies are also costing less, or more?  At ( Read more... )

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With the Cain train having gone off the rails this week, contenders left have not always made their economic recovery plans the centerpiece of their campaigns. Nonetheless, each of the remaining candidates do have their own. But, do these Republican candidates' economic recovery prescriptions have merit?

Poll Republican 2012 Presidential Candidates Economic Recovery Plans? 1=No/Horrible, 5=Yes/Great

Or more loosely, retail. I'm sure we've all now seen or read about the use of pepper spray by a shopper on up to 20 or so other shoppers while struggling to get a hold of some xbox deal at a Walmart. Or how about the police using pepper spray on a crowd at a Walmart in North Carolina.

Put your Chinese Zodiac away. Clearly, 2011 is going down as the ( Read more... )

Weekly Topic for this week: Layaway

With holiday shopping upon us and The Great Recession still not having receded much, if at all, the retailing favorite of The Great Depression is making a strong comeback this year.

I'm not sure what it says about our economy that retailers are resorting to a mainstay of The Great Depression to save their season, ( Read more... )

"if you think this is a bad economy, you haven’t seen anything yet"

ECRI is calling for a new recession:


( Read more... )

John Mauldin calls Recession.

The Recession of 2011?
By John Mauldin
August 20, 2011

The Recession of 2011?

It was relatively easy for me to forecast the recessions of 2001 and
late 2007 over a year in advance. We had an inverted yield curve for 90
days at levels that have ALWAYS heralded a recession in the US. Plus
there were numerous other ( Read more... )

( Read more... )

With now July data continuing a hideous trend of weakening we have seen, weakening really since last fall, and so with the economy now in an all-out technical "Growth Recession," what do you think its prospects are for the rest of the year?

This Week's Data Lowlights:

Calculated Risk
Consumer Sentiment declines sharply in July

The preliminary July ( Read more... )