Twitter Updates for 2009-10-31

I just blogged on the "Distress Index>" It is not what you think. I made an attempt at humor. # Some rare good news for California on the trade front: Honda to import cars through Richmond. # Hi standards, good. Not meeting them, bad. Unavoidable conclusion, lower standards. . . . → Read More: Twitter Updates for 2009-10-31

Twitter Updates for 2009-10-30

Just in from speaking in the Valley. Dan has a blog on bank failures: We'll blog on today's GDP data in a few hours. # Ethanol as an "environmental disaster." # Dan blogs on the new GDP numbers. Will the 4th quarter be as strong? # We could have bought . . . → Read More: Twitter Updates for 2009-10-30

Bank Failures

This recession and its accompanying financial crises started with large financial institutions making headlines with bad loans, liquidity problems, and in many cases insolvency. The driving factors at that point were the toxic residential-real-estate-based securities filtering their way through the financial system. Many large financial institutions were highly exposed to securitized packages of residential . . . → Read More: Bank Failures

Third Quarter GDP

The United States government reported that real Gross Domestic Product increased at a seasonally adjusted annualized rate of 3.5 percent in the third quarter. Improvements in Consumer Durables consumption, up 22.3 percent, and Residential Fixed Investment, up 23.4 percent, were the key components driving the increase. Both of these gains were in turn driven . . . → Read More: Third Quarter GDP

Twitter Updates for 2009-10-29

Siegal defends the Efficient Markets Theory: He's got some good points. # Blogged on a homes-sales data release, and optimism: # Great news Coho Salmon going up the Columbia in big numbers! # Good news for Bend Oregon: It really is a great place to live or visit. . . . → Read More: Twitter Updates for 2009-10-29