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How are banks doing? We discuss a few measures. We closed 16 banks in May so far, with 73 so far this year according to the FDIC. There were only 36 bank failures through May of 2009. While there were 140 bank failures in 2009, we are on track (based on a simple extrapolation . . . → Read More: Banks Recent data releases show that Core inflation as measured by the Consumer Price Index, excluding food and energy, has been falling rapidly for 4 months now. This is despite recently strong real consumption growth and despite the overall Consumer Price Index holding steady, see chart nearby. Usually, at least in the past ten years, . . . → Read More: Deflation? Breakfast in Bishop CA, lunch in Alturas CA, Dinner in Bend OR. In between, several passes, 20F temps, and snow. Nice day. # Oh la vache http://bit.ly/bw1EnP # This is exceedingly cool: http://bit.ly/9UwmfG # "Making the Simple Complicated" http://nyti.ms/caM4TK Ed Glaeser on Global Warming Regulation. HT Makiw # Mass layoffs up, surprising some economists yet again. http://bit.ly/bDg9vP # Hong Kong and Singapore lead world in competitiveness. I'll bet California is not even on the scale. http://bit.ly/cmt2fB # California leads states borrowing . . . → Read More: Twitter Updates for 2010-05-22 Today's blog #1, Economics and the Environment. http://bit.ly/brF2U6 Capitalism and Feminism can save the world. # Today's blog #2. Jobs, Environmental Regulation, and Dead French Economists. http://bit.ly/aq4WAH # Today's blog #3 is on the the initial unemployment claims. http://bit.ly/dirn9l I don't think it is as bad as the markets' appear to think. # . . . → Read More: Twitter Updates for 2010-05-21 |
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