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Friday, January 9, 2009

EconomPics of the Week (1-09-09)

Employment
Unemployment Way Worse than 7.2% Due to Birth / Death Model
Broader Unemployment to 13.5%
Employment by President
Less Educated Hurt More... Everyone Unemployed Longer
Additional Employment Breakdown (December)

Asset Classes / Returns
The Good / The Bad: Time to Buy Equities?
The Ugly: P/E Multiple
Are Treasuries Really in a Bubble?
Long Bonds / Short Equities Redux
Huge Mortgage Rally... Thanks Government!
Another Post on Swaps????
2008 Hedge Fund Breakdown... Where's the Hedging?

Economic Data
Same Stores Sales... Down, but Not Out
ISM Services (December)
Auto Sales Continue to Crumble
Construction Spending November

Bailout Nations
Federal Reserve Bank Credit Down $125 Billion
Bank of England Cuts to Lowest Rate Since 1694.
Budget Deficit... Overly Optimistic and Still Ugly...

Gold
Fun with Gold
Global Demand for Gold on the Rise

Housing
Forget the Term Foreclosure, this is More Like Fiveclosure

Posted by Jake at 4:53 PM
Labels: Picks of the Week

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Blog Archive

  • ▼  2009 (897)
    • ►  December (7)
      • Historical Spreads
      • Still Shedding Jobs
      • Autos and Emerging Markets
      • Equities Lost Decade
      • Private Construction Slump Continues
      • Manufacturing Continues to Expand, but at Slower P...
      • European Unemployment Remains at 11 Year High
    • ►  November (59)
      • 1.2% over 10 Years?
      • Chicago PMI: Strength, but No Jobs
      • Durable Goods Down, But Out?
      • The Scale of Hedge Fund Gold Purchases
      • Japanese Industrial Production Up, but Disappoints...
      • EconomPics in Brief (Tryptophan Edition)
      • Why the U.S. is Broke... Personal Current Tax Edit...
      • Recovery in Perspective: Nominal GDP Edition
      • Q3 GDP Revised Down to 2.8%
      • Existing Home Sales Jump
      • Agency Mortgage Bonds are RICH
      • The New Moon... The Power of the Women Filmgoer
      • EconomPics of the Week (11/20/09)
      • Selecting a Domestic Fixed Income Benchmark
      • Leading Economic Indicators Losing Strength
      • Gone Fishing
      • Auto Prices and CFC; CPI and Capacity
      • Housing Starts and Permits Down.... GOOD
      • What Stinkin' Inflation? PPI Edition
      • 1 in 7 Americans Affected by Food Insecurity
      • No Inventory Correction in September
      • Retail Sales Upside Suprise... Still Weak Longer T...
      • Has Euro CPI Seen Its Lows?
      • Japanese GDP... 4.8% Growth, but Ugly?
      • EconomPics of the Weeks (11/13/09)
      • Consumers Don't Enjoy Unemployment
      • Trade Deficit Jumps in September
      • Eurozone GDP Breaks Through Zero... Concerns Still...
      • Just One Super-Secular Mean Reversion?
      • Spending Down + Deficit Up = Not Good
      • Where are Long Bond Yields Going: Late 70's / Earl...
      • Will There be Appetite for Another Stimulus Plan?
      • Aussie Miracle Continues
      • China is Ripping... Bears are Smoking Dope
      • The Job Market and Equities
      • Where are Long Bond Yields Going?
      • Germany: Improving Economy, Idea of Fast Turnaroun...
      • The State of States: They're Broke
      • The "Paradox of Deleveraging"
      • Civilian Hours vs. Real GDP
      • EconomPics of the Week (11/6/09)
      • Health Care Bill Passes Through House. Politics St...
      • Importing Goods for IOU's
    • ►  October (66)
    • ►  September (74)
    • ►  August (89)
    • ►  July (98)
    • ►  June (45)
    • ►  May (96)
    • ►  April (91)
    • ►  March (92)
    • ►  February (86)
    • ▼  January (94)
      • EconomPics of the Week (Recession Special Edition)...
      • GDP Price Index Turns Negative: Stimulus on the Ch...
      • Government Spending on the Move
      • GDP Down 3.8%... Beats Estimates
      • Shameful Bankers: Bonuses Down ALL THE WAY to a Le...
      • Cargo Plane Traffic... Crash
      • Earnings Roundup
      • New Home Sales Drop to Lowest Ever Recorded
      • "Are We Going to War?" Durable Goods Edition
      • California Munis are "Whispering" Buy
      • European Capacity Cliff Dive
      • Used Car Sales Suffering Too
      • Deflation: Front, Center, and Even Down Under
      • Oxymoron of the Day: A Public, Private Equity Shop...
      • Stimulus Timeline
      • Consumer Confidence to New Historic Low
      • Case Shiller Price Index (CSCPI) - November
      • GE Rated Aaa = Aaa Joke
      • Another 74k Jobs Cut
      • Leading Economic Indicators: Green is Good (or at ...
      • Long Bond Drops Most in 22 Years... A Trend or Vol...
      • California Unemployment Rockets to 9.3%
      • EconomPics of the Week: Global Edition (1-23-09)
      • From "Crowding Out", to "Running Away"
      • Oil Ready to Crash?
      • UK GDP Down at Lowest QoQ Level in 29 Years
      • "Pimp My Ride": Thain's $1.2 Million Office Remode...
      • Russian Reserves Sink
      • Beware the Media's “Obama Rally”
      • Don't Mention Decoupling in Asia
      • Spain Downgraded... Ireland to Follow?
      • Death of the Newspaper
      • Investment Grade Bonds: Attractively Priced, But W...
      • Chinese Unemployment Projected at 30 Year High
      • California Freeze Up: Are Munis Still Safe?
      • Not All AA Bonds are the Same
      • Out With the Outgoing Overly Optimistic View on th...
      • Spreads: Not Seen Since the Great Depression
      • Real Yields Matter
      • A Feel Bad Rainbow: Job Cuts YTD
      • Global Banking Sector Struggles
      • EconomPics of the Week (1-16-09)
      • First Third of TARP Could Cost Taxpayers $64 Billi...
      • Recession Defined... Capacity Under-utilized
      • Irish Home Prices... In Gold
      • Oil Tankers are a Banks Best Friend
      • Consumer Price Index (December)
      • JP Morgan 'Fee Income' by Business Segment
      • Draft of $550 Billion in Government Stimulus Spend...
      • Help Jake Understand: Is it Possible that a Countr...
      • Producers Price Index Breakdown (December)
      • Deficit as a Percent of GDP
      • Inventory / Sales Ratio Spikes
      • Retail Crushed
      • Loose Credit and Autos
      • The Irish Dr. Doom... or Just an Exaggerating Econ...
      • Receipts Down, Outlays Up = Soaring Deficit
      • U.S. Trade Deficit Down Most in 12 Years
      • Chinese Exports Plunge
      • Fixed Mortgage Rates at Less than 4.5%
      • Wholesale Trade: Sales Cliff Dive
      • Alcoa $1.19 Billion Loss vs, Commodity Markets
      • Auto Bubble Breakdown
      • Stimulus Projected to Save 3.675mm Jobs... 3mm Too...
      • EconomPics of the Week (1-09-09)
      • Employment by President
      • Long Bonds / Short Equities Redux
      • Employment Recap
      • Less Educated Hurt More... Everyone Unemployed Lon...
      • Employment Breakdown (December)
      • Unemployment Way Worse than 7.2% Due to Birth / De...
      • Broader Unemployment to 13.5%
      • Federal Reserve Bank Credit Down $125 Billion
      • Same Stores Sales... Down, but Not Out
      • Huge Mortgage Rally... Thanks Government!
      • Bank of England Cuts to Lowest Rate Since 1694 Inc...
      • Forget the Term Foreclosure, this is More Like Fiv...
      • Budget Deficit... Overly Optimistic and Still Ugly...
      • Fun with Gold
      • Global Demand for Gold on the Rise
      • ISM Services (December)
      • The Ugly: P/E Multiple
      • 2008 Hedge Fund Breakdown... Where's the Hedging?
      • Auto Sales Continue to Crumble
      • Are Treasuries Really in a Bubble?
      • Construction Spending November
      • Another Post on Swaps????
      • Time to Buy Equities?
      • EconomPics of the Week (New Years Edition)
      • Is the Album Dead (Part II)?
      • ISM Manufacturing Below Expectations
      • Equities: Another End of Month Rally
      • Is the Album Dead?
      • Harvard Endowment's Historical Returns
  • ►  2008 (609)
    • ►  December (93)
    • ►  November (88)
    • ►  October (104)
    • ►  September (77)
    • ►  August (93)
    • ►  July (71)
    • ►  June (38)
    • ►  May (20)
    • ►  April (11)
    • ►  March (14)

What Jake's Reading...

  • *Across the Curve*
    History Lesson
  • *Bronte Capital*
    Getting it wrong about getting it wrong about coffee
  • Bespoke Investment Group
    First Goldman, Now Apple?
  • Calculated Risk
    Fed's Sack: MBS Purchases Lowered Mortgage Rates by 100 bps
  • Credit Writedowns
    Are we pushing on a string or crowding out?
  • felixsalmon.com:
    Counterparties
  • Fixed Income « Abnormal Returns
    Quants in the news
  • How the World Works - Salon.com
    Out, out, damn TARP!
  • Investment Postcards from Cape Town
    Prieur’s readings (December 2, 2009)
  • Naked Capitalism
    Links 12/3/09
  • Paul Kedrosky's *Infectious Greed*
    So, What is (Ab)Normal Anyway?
  • Paul Krugman
    Double dip warning
  • The Big Picture
    Open Thread: Is the Fed Chair’s Reappointment at Risk?
  • [ The Financial Ninja ]
    Low Volume Melt Up
  • World Beta - Engineering Targeted Returns and Risk
    Fund Manager of the Decade….Seth Klarman?

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