Archive for July 9th, 2010
From NRO’s Campaign Spot: …they ask, “Now, I am going to read you a list of words and phrases which people use to describe political figures. For each word or phrase, please tell me whether it describes Barack Obama very well, well, not too well, or not well at all.”… …When asked about “a socialist,” [...]
From Tyler Durden over at Zero Hedge: The ECRI Leading Indicators just can’t stop falling. From a revised annualized -7.6% drop last week, this week the index dropped to a fresh low of -8.3%. Should be sufficient for another major leg higher in stocks. Of course, the funniest thing is listening to the index creators [...]
From Calculated Risk: …Consumer credit is off 3.9% over the last 12 months. Revolving credit (credit card debt) is off 14.9% from the peak. Non-revolving debt (auto, furniture, and other loans) is off 1.5% from the peak. Note: Consumer credit does not include real estate debt. Still working down the debt … also the previously [...]