Saturday, July 31, 2010

Daily Markets - Happy Birthday Milton Friedman, July 30

Daily Markets - Happy Birthday Milton Friedman, July 30


Happy Birthday Milton Friedman, July 30

Posted: 31 Jul 2010 07:06 AM PDT

Classic 30-minute video of Milton Friedman in 1975 (transcript here) discussing the minimum wage, Social Security, politics, the Welfare State, doing good by spending other people’s money, housing, rent control, government intervention and the Great Depression, collectivism, the free society, greed, private … [visit site to read more]


Top 5 Economic Graphs For The Week Ended 31 July 2010

Posted: 31 Jul 2010 06:01 AM PDT

This week we look at the GDP numbers for Q2 from the US and South Korea. Then we look at the US consumer confidence and Case Shiller housing market data, and finish up with a look at inflation and unemployment in Japan, and New Zealand monetary policy.

1. US GDP
The US economy grew 2.4% SAAR in the second quarter (0.6% in normal terms), slightly below consensus 2.5%, and slower than the revised 3.7% in Q1. On an annual basis GDP is up 3.2% vs 2.4% in Q1. The main drivers of growth … [visit site to read more]


The Gradual Decline In Presidential Approval

Posted: 31 Jul 2010 05:50 AM PDT

The chart above displays the consensus of presidential approval/disapproval polls from Pollster, showing a new record -5% gap between average approval of 45.1% and an average disapproval of … [visit site to read more]


Canadian Personal Finance & Investing Carnival

Posted: 31 Jul 2010 05:15 AM PDT

Canadian Personal Finance & Investing Carnival

It's time for another edition of the Canadian Personal Finance & Investing Carnival. Since the inaugural edition of the Canadian Personal Finance & Investing Carnival, we are now up to 3 submissions for this installment. We are extremely grateful to the 3 bloggers who submitted their articles however 3 articles make not a Carnival. So once again, we've gone ahead and rounded up the creme de la creme in the realm of Canadian … [visit site to read more]


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