U.S. GDP 2012 Quarter 2 & Revisions

The BEA released its “advance”, or first, estimate of second quarter GDP today, and it might not surprise anyone that the economy grew more slowly in the second quarter than in the first quarter. The question is: how much slower? The quarter 2 estimate is 1.5 percent, compared with a revised estimate of 2.0 . . . → Read More: U.S. GDP 2012 Quarter 2 & Revisions

LIBOR Gate

The London Interbank Offered Rate (LIBOR) is an index (actually, there are 150 indexes covering 10 currencies and 15 maturities from 1 day to 1 year) that is reported daily by the British Bankers Association (BBA).  LIBOR settings are established each day as the result of a survey of a panel of large international . . . → Read More: LIBOR Gate

Bill_Watkins: Another sign that California’s legislature doesn’t have a clue: http://t.co/yCuXRPbo H.T. Scott Harris

Bill_Watkins: Another sign that California’s legislature doesn’t have a clue: http://t.co/yCuXRPbo H.T. Scott Harris

Bill_Watkins: Carbon-based energy, the economic gift that keeps on giving: http://t.co/kAl3YO5g

Bill_Watkins: Carbon-based energy, the economic gift that keeps on giving: http://t.co/kAl3YO5g

Bill_Watkins: Joel Kotkin has a message for our presidential candidates: http://t.co/xupdUAiz They should listen to him.

Bill_Watkins: Joel Kotkin has a message for our presidential candidates: http://t.co/xupdUAiz They should listen to him.