Submitted by Businomics Blog
Hard to put a positive spin on today’s news, except maybe that it could have been worse.

There was job growth last month–at a minuscule level. All the gains were in the service sector, which is no surprise. Unemployment also moved up again:

Although the unemployment rate is moving up, job growth […]

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Submitted by The Capital Spectator
There’s no mistaking the trend now. The economy’s slowing dramatically and the risk of recession is quite real, as this morning’s dreary employment report for December strongly suggests.
Nonfarm payrolls rose a thin 18,000 last month, the Labor Department reported today. As our chart below shows, that’s the slowest pace for job […]

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Submitted by Econbrowser
In an post in VoxEU, Shang-Jin Wei alluded to work we have undertaken examining whether de facto exchange rate regimes have an impact on current account reversion.
In a new paper, Shang-jin Wei and I report the results of our analysis.
What do we do in this paper? We examine whether the rate at which […]

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Submitted by Businomics Blog
One thing I like about the Capital Spectator is Jim’s regular presentation of investment returns by asset class. Here’s what happened in 2007:

When I reproduce these, I assume that all Businomics blog readers are smart enough to know that past performance does not tell you what 2008 holds in store. […]

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Submitted by CARPE DIEM

From the FT article “US Studios Get Taste for Bollywood“:
International investors are preparing to make an unprecedented onslaught on Bollywood this year, with several Hollywood studios and a group of London-listed funds looking to take a share of the world’s most prolific movie-making market.
Studio groups such as Sony Pictures Entertainment, Viacom – […]

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