Google is introducing what I believe to be the most insightful tool in the history of economic analysis. Google Domestic Trends We have long believed that Google’s ability to track and measure public interest put them in a position to …
The NY Times has done it again with another brilliant interactive tool. Data from thousands of participants has been gathered to create a visual representation of how people spend their time. It’s fascinating to see the variation across education levels …
Having seen a number of positive macroeconomic developments recently, including very positive TED Spread readings, stability in auto and existing home sales, and waining in weekly initial jobless claims, we have been paying particular attention to corporate earnings as we’ve …
Today’s New Home Sales data reported by the US Dept of Commerce is very encouraging. Economists estimated an annual pace of 337,000, which would have represented a strong drop from the 358,000 rate in February. The data released indicated an …
Recently Ben Bernanke, the Chairman of the Federal Reserve, was interviewed on 60 Minutes. In the interview he discusses the Fed’s actions in light of the current economic problems, draws comparisons and contrasts to the Great Depression, and outlines a …