Submitted by Businomics Blog
Today’s news on producer prices is definitely bad.

This comes on top of last week’s disappointing CPI data.
There is a substantial time lag between what happens in the economy and inflation, so we’re really seeing the economic strength of last spring in the data here.  There’s reasonable hope for inflation not worsening in […]

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Submitted by CARPE DIEM
Fr. Robert Sirico, president of the Acton Institute in Grand Rapids, MI argues in today’s Detroit News that if we really want to make Castro squirm in his hospital room and help revive the museum-like economy of Cuba, the U.S. should should lift trade restrictions.
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Submitted by The Capital Spectator
This morning’s update on wholesale prices brings more bad news on the inflation front. Producer prices jumped a seasonally adjusted 1.0% last month, elevating the 12-month pace to an eye-popping 7.7%–the highest since September 1981.

Higher energy prices are partially responsible for PPI’s ascent, but this is no longer solely about oil […]

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Submitted by CARPE DIEM

Last July, I had a CD post about ParkAtMyHouse.com, a U.K. company which “enables property-owners to rent out their empty driveways and garages to drivers needing somewhere to park.”
After its success in London and the U.K., the company recently launched its service in the U.S.:
Press Release: ParkatmyHouse.com, a successful British-based website […]

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Submitted by Econbrowser
Some people have the impression that financial capital zips to wherever the returns are highest. Maybe that’s the case. But I’m not sure.

Recall that one of the definitions of financial capital mobility is that the expected rate of return on securities of identical maturity and default characteristics, when expressed in a common currency, […]

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Submitted by Businomics Blog
I thought I had seen it all, but here’s a beautiful chart from the New York Times (hat tip to The Big Picture).  Do not look at this; go to the Times story, because the chart has good mouse-overs there.

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Submitted by A Dash of Insight
For several weeks at “A Dash” we have tried to highlight the importance of the bond insurance companies.  It is difficult for the market to rally without any strength in financial stocks.  Since the financials have insurance (credit default swaps) with the monoline insurers, all of these companies will be […]

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