Contained Depression

Stock Market Basics – From investment beginner to Savvy Investor

 

 

Contained Depression By Michael Shedlock

We are certainly in a depression. However, 40 million people on food stamps as of August 2010, masks that depression. The cost of the food stamp program is on schedule to exceed $60 billion in fiscal 2010. For comparison purposes, there was just over 11 million on food stamps in 2005.

There is massive underemployment with 8.5 million working "part time for economic reasons" and another 2.6 million "marginally attached" workers who want a job but are not considered unemployed because they have not looked for 4 weeks. This is "containment" of sorts, as the official numbers mask the depth of the unemployment problem. Continue Reading

Economic Schedule for the Week Commencing Aug 22nd

Stock Market Basics – Combining Economics, Fundamentals and Technicals for the Savvy Investor

Three key housing reports and the second estimate of Q2 GDP will be the highlights this week. Existing home sales will be released on Tuesday, New Home sales on Wednesday, the MBA Q2 National Delinquency Survey on Thursday, and Q2 GDP on Friday. A busy week …

Source: Calculated Risk

Where is our economy really heading?

Stock Market Basics – Is a Depression Really an option for Our Economy?

"We're heading for a Depression." – Peter Schiff.

Four years on and for the US the worst recession since the 'big one' Schiff stands alone with another big bold bleak prediction: An imminent inflationary Depression.

Schiff believes the Government needs to stop the stimulus immediately as it is the Government that has prevented an efficient allocation of resources.

Could Increased Company Spending Save the Economy?

After scaling back during the economic downturn, many American firms have increased their capital spending this past year. Some analysts suspect this trend will lead an increase in the job market and healthier unemployment level. Continue….

 

American Business Journal

 

Investing for Beginners: Stock Market Basics – Combining Economics, Fundamentals and Technicals

Weekly Unemployment Claims Hit 500,000 – Exceed Economist Estimates

 

Weekly unemployment claims hit 500,000 exceeding every forecast. There has been no lasting improvement since November 14, 2009, over nine months ago. How can we lose 400,000+ jobs a week and yet have the unemployment rate stay flat and the monthly jobs report show gains? Continue Reading

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

 

 

Investing for Beginners: Stock Market Basics – Combining Economics, Fundamentals and Technicals