The index of leading indicators, which signals turning points in the economy, is rising at a rate that has accurately indicated the end of every recession since the index began to be compiled in 1959.
Spotted by The Big Picture. Original article.
Anyone else think the recent “reforms” didn’t address the problem of many people’s credit cards, namely the usurious interest rates? Spotted over at Ritzholtz.
In: Finance Global Economy Source: FT Source: NYT Source: Ritholtz Stock Market US Economy
23 Jun 2009Summary of EU and US reforms. The related article is a very good read on the subject.
NYT’s version of just the USA (hat-tip to Ritholtz). Related article.
Click on the image below to see RealtyTracs full report. For discussion I’d recommend the comments over at Ritholtz (some of them – they tend to wander a bit there nowadays).
In: Bailout Finance Innovative Reference Source: Ritholtz US Economy
10 Jun 2009(Sorry there haven’t been many updates lately – I’m on vacation in the Colorado mountains.) Here is a infographic from Barry Ritholtz’s book Bailout Nation that does a great job showing the different causes of the crash, and how they developed over time:
Charts from Ritholtz below. An amusing article on how they’re trying to spin them as not that bad: “Case-Shiller Sucks. But Who Cares, That’s Just Backwards Looking” by Joe Weisenthal.
Very detailed interactive map of NY area foreclosures – over time, zoom in, even just type in an address. Related article. (Hat tip to Ritholtz for the find)
More statistical games with April’s employment numbers. The mainstream media have focused on the numbers being “good” because they aren’t falling as fast as previous months (a bit of a reach, IMHO). But several bloggers have pointed out that the 539,000 job losses only look good because of government hiring for the census. otherwise the losses are 611,000. Here is EconomPic’s graph:
An addictive collection of beautiful charts, graphs, maps, and interactive data visualization toys -- on topics from around the world.
Bubble, Bubble, Economic Trouble…
In: Commentary Finance Housing Source: Ritholtz Source: WSJ US Economy
8 Apr 2009Nice WSJ article on bubbles. (via Ritholtz)