Submitted by The Capital Spectator
Another monthly report on import prices, and another monthly record high. If that sounds familiar, you’re right. In fact, we can almost set our watch by the reliability of the trend these days.
No wonder, then, that we’ve become a broken record on the subject. Our only defense is that our recurring […]

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Submitted by Econbrowser
As of 2008Q1, wholly 100% of the increase in the trade deficit since 2001Q4 is accounted for (in a mechanical sense) by the increase in the value of oil imports. And the dollar share of reserves appears to continue its decline.

To the first fact:

Figure 1: Change in the value of petroleum imports since […]

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Submitted by CARPE DIEM
According to the BEA’s report today, the U.S. trade deficit in goods and services declined to $59.8 billion in May from $60.5 billion in April. Highlights include:

• Exports increased $1.4 billion in May and are up 17.8% versus last year. The gain in exports in May was led by fuel oil, chemical […]

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Submitted by CARPE DIEM
I’m in Las Vegas at Freedom Fest 2008 and heard Steve Forbes speak yesterday. In his talk, he put the subprime mortgage meltdown in perspective by comparing the global subprime losses of $1 trillion (Reuters story here) to the $56 trillion of U.S. household net worth. Sure, $1 trillion is a […]

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Submitted by Businomics Blog
Knowledge @ Wharton has an interesting article about the growing middle class in emerging countries.  If you sell overseas, or you could sell overseas, make sure you’re up to date on the trend, described in the early part of the article.
There will certainly be challenges in this market.  One point mentioned is […]

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Submitted by A Dash of Insight
At “A Dash” we emphasize the need for objectivity in finding and analyzing data.  It is good for public understanding and it is good for your investments.
We disagree sharply with those who allow their own biases to guide their work.  One way to spot such pundits is to see how […]

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