Thursday, August 14, 2014

General Economics

Bloomberg | Euro-Area Pickup Stalls as Big Economies Fail to Grow
The euro area’s recovery unexpectedly stalled in the second quarter as its three biggest economies failed to grow, underlining the vulnerability of the region to weak inflation and the deepening crisis in Ukraine.
Yahoo! Finance | Why the next 3 months are the market’s worst
Call it the end of summer doldrums. According to S&P Capital IQ, since 1980 August has been among the worst of all losing months - averaging a 4.38% decline. The firm’s chief equity strategist Sam Stovall blames the drop on vacationing traders. Their absence broadens the impact of any kind of market jarring events such as we saw last week.
Bloomberg | More Money Down Adds to U.S. First-Time Buyer Blues: Economy
The challenges facing prospective buyers of the least expensive homes in the U.S. are getting harder to overcome.

Econ Comments & Analysis                                                                                            
Wall Street Journal | The EPA's Latest Threat to Economic Growth
In a town famous for inaction, Washington is gearing up to take action on a major policy issue. But there's a hitch: The outcome could be the most expensive regulation in the nation's history, possibly tanking the economy and costing jobs at a time when businesses, manufacturers and families are making a comeback.

Wall Street Journal | IMF: Infrastructure Drive May Not Fuel Much Growth
Infrastructure is at the top of the agenda in the world of economic policy as officials try to rev up a nearly idling global growth engine.