Friday, January 30, 2015

General Economics

Wall Street Journal | U.S. Economic Growth Slows to 2.6% in Final Months of 2014
U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring obstacles facing the recovery as troubles mount abroad.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Markets React to 1930s Style Errors
For more than half a decade now, the mighty economic hopes of all of Europe have been almost totally dependent on Germany (the UK to a lesser extent). When the continent fell into recession in 2012, it was relatively mild in blended terms because Germany only slowed. That meant the ECB could focus its massive intrusions on the "periphery", the PIIGS mostly, aiming squarely at its very own banks to somehow force them to stop paying attention to national boundaries.
Wall Street Journal | China Trumps U.S. for Foreign Investment
China became the world’s top destination for foreign direct investment in 2014, edging the U.S. out of that position for the first time since 2003, according to figures released Thursday by the United Nations Conference on Trade and Development.

Wall Street Journal | At a Glance: U.S. Fourth-Quarter GDP
U.S. gross domestic product advanced 2.6% at an annual rate in the fourth quarter, the Commerce Department said Friday.