Friday, April 27, 2007

Four Pillars of Growth and US Consumption

4/27/07 Investments continue to fall but Income is rising faster than personal consumption.

Wednesday, April 25, 2007

Durable Goods Subcomponent Unfilled Orders X Transportation

4/25/07 Data suggests capital spending improved in March. The "Unfilled Orders X Transportation" subcomponent had its 30th consectutive monthly rise dating back to September 2004.

Sunday, April 15, 2007

4/15 Article this morning in the New York Times provides some details on how the miltary balks at replacing soldiers (fighter pilots) with unmanned weapons systems. I wonder if it was the military who decided that atomic warfare was "unthinkable?"

Friday, April 13, 2007

Fed's Foreign Custody Holdings to April 12 2007

4/13 Since fall of last year foreign entities have increased their purchases of US Govt paper. Why?

4/13 March Core Intermediate PPI and Fed rate.
Fed tries to anticipate the peak in CPPII before cutting. Will they do try to do it again?