Chinese consumer spending is down China Financial Markets
A Bullish Call Barrons. Happened to come across this December 16 article, which should serve as a warning to take forecasts of any kind with a handful of salt.
Asymmetrical Unwind of the Credit Bubble Mish’s Global Economic Trend Analysis
Peter Barnes’ cap-and-dividend plan is fatally incomplete Gristmill
Iguanas Fall From Trees With Cold Snap PhysOrg
How to Remember 1968 Todd Gitlin, Los Angeles Times
The Last Shoe to Drop in the Unavoidable Recession Ahead: Faltering Employment and Labor Market Nouriel Roubini
While we are on the subject of recession, I would not put it past this Administration will announce weakly positive GDP figures that are later revised to negative. Stay tuned.
Good article and discussion of job numbers from John Mauldin this week;
Forecast 2008: Recession and Recovery
January 4, 2008