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7 Economic Myths Busted

Carson Wealth

In fact, it was the highest since 2010, which saw 530 in the first seven months. link] The post 7 Economic Myths Busted appeared first on Carson Wealth. Myth 5: Bankruptcies Are Surging and This Is the First Domino to Fall Through July, there had been 402 U.S. corporate bankruptcies, compared with only 205 last year.

Economics 144
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5 Unusual Economic Indicators That Can Tell You About the Economy

Trade Brains

Unusual Economic Indicators : You might have heard about indicators like the Big Mac Index (if you haven’t, you can read our previous article). Today, we’ll introduce you to some unusual economic indicators that might predict the economic conditions. Most Unusual Economic Indicators 1. What is it? What is the proof?

Economy 64
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Strong consumer spending adds to inflationary pressures: Weekly Economic Review & Outlook

Nationwide Financial

Analysis: Acceleration in consumer inflation increases the odds of further Fed action Robust spending and income for January was in line with other strong economic data for the month, showing renewed economic vigor despite the Fed’s efforts to cool inflationary conditions. Personal consumption expenditures (PCE) climbed by 1.8

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MiB: Kathleen McCarthy, Global co-head of Blackstone Real Estate

The Big Picture

McCarthy previously served as Blackstone’s global chief operating officer; before joining Blackstone in 2010, she worked at Goldman Sachs. El-Erian; the firm is a sponsor of the Greenwich Economic Forum. We discuss her experiences at Goldman Sachs during the financial crisis and housing implosion.

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What Happened to "Paying off the National Debt"?

Calculated Risk

(books have been written on each of these topics): 1) Overly Optimistic Projections: Here are the CBO projections from July 2000: The Budget and Economic Outlook: An Update Click on graph for larger image. The CBO projections showed an almost $6 Trillion in debt reduction in the 2001 through 2010 period.

Taxes 120
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Service sector showing some cracks, too: Weekly Economic Review & Outlook

Nationwide Financial

Coming off the blowout jobs report and the debt ceiling agreement, last week was a slower week for economic data. Given the Fed’s guidance, we expect them to hold rates unchanged on Wednesday, but retain a hawkish bias which opens the door to a July rate hike if economic activity and namely inflation do not cool sufficiently.

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New Kids On The BRICS: What The Bloc’s Expansion Means For The Global Geopolitical And Economic Landscape

Advisor Perspectives

At its annual summit in Johannesburg this week, the bloc of five emerging countries—Brazil, Russia, India, China and South Africa—announced plans to expand for the first time since 2010.