Commentary by Bill Dunkelberg The September employment report was pretty much as expected, 114,000 new jobs in the payroll survey. That was consistent with the NFIB survey findings (the job loss of -.25 workers per firm, 10 percent increasing employment but 13 percent reducing staff, job openings and job creation plans falling, indicating a higher [...]
Read moreby John E. Silvia, Chief Economist, Wells Fargo Securities If you keep getting the wrong answer, then maybe you are asking the wrong question. For several years now, policymakers have been pursuing expansionary policy with the goal of significantly lower unemployment. Yet the wrong answer keeps popping up – high, persistent unemployment about eight percent. [...]
Read more DownloadThe securitization markets for consumer and business asset-backed securities (ABS) and commercial mortgage -backed securities (CMBS), which supply a substantial share of credit to consumers and small businesses, came to a near-complete halt in the fall of 2008, as investors responded to a drastic decline in funding liquidity by curtailing their participation in these markets. [...]
Read more Downloadby Peter A. Gold Philadelphia Business Journal July 6, 2012 I’m not an economist but I serve on two boards of directors with representatives of leading international financial Institutions, central banks and even a Nobel Prize winning economist. I am continually humbled by their profound knowledge in their respective fields. I surmise that they would [...]
Read more DownloadBy Timothy Weckesser, Ph.D. & Yang Lin, Sino-Consulting We recently completed a comprehensive study of China’s electric vehicle industry which, we believe, presents a vivid example of what “industrial planning” means in that country. China’s economy is often a hard-to-define mixture of pure private enterprise and comprehensive central planning, as evidenced by the well-known Five-Year [...]
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