Tuesday, May 1, 2012

DailyMarkets.com - Myth Of Decline: U.S. Is Stronger And Faster Than Anywhere Else

DailyMarkets.com - Myth Of Decline: U.S. Is Stronger And Faster Than Anywhere Else

Myth Of Decline: U.S. Is Stronger And Faster Than Anywhere Else

Posted: 30 Apr 2012 08:48 PM PDT

Dan Gross, economics editor/columnist at Yahoo!Finance, has a new book coming out titled “Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy,” here’s an excerpt that appears as the cover story in the current issue of Newseek: The lows of March 2009 marked the beginning of an unexpected recovery—not the beginning of an era of irreversible stagnation. The U.S. economy went from shrinking at a 6.7 percent annual rate in the first quarter of 2009 to expanding at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Retail Gasoline Prices Have Been Falling For The Last 30 Days, Where’s The Media Coverage?

Posted: 30 Apr 2012 08:16 PM PDT

Retail gas prices have been falling now for the last month, see chart above. And yet “rising gas prices” still seems to have much greater media coverage than “falling gas prices,” according to a Google News Search for the last 30 days, by a ratio of about … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cheap Natural Gas Heralds An Energy Revolution That Will Displace Nuclear, Coal, Wind And Solar

Posted: 30 Apr 2012 07:11 PM PDT

Fred Singer writing for the Independent Institute:

“Consider the consequences of having huge quantities of cheap natural gas available. It will make new coal-fired power plants uneconomic, but it will also make new nuclear plants uneconomic. It is ironic that these two longed-for goals of radical environmentalists are being achieved simply through economics, without the need for any regulation. 

But it is ironic also that cheap gas will completely remove the need for electricity … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Even More Fodder For The Bulls?

Posted: 30 Apr 2012 06:05 PM PDT

(Image: source)
As I noted in “More Fodder for the Bulls,” Wall Street really seems to love bad news these days. Given that, here’s a story that should really get them pumped up:
“Economic Gloom Gathering, Credit Managers Suggest” (CFO.com)
The latest poll of credit managers reports a dip in collections and sales, adding to the year-over-year trend of an optimistic beginning that weakens as the year progresses.
Economists have said many times since the 2008 financial crisis that the recovery … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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