Thursday, February 12, 2015

General Economics

Market Watch | Business inventories edge up 0.1% in December
Business inventories edged up 0.1% in December, the Commerce Department said Thursday.
Market Watch | Retail sales slump again, as Americans pocket savings at pump
Retail sales fell in January for the second month in a row as drivers spent a lot less on gasoline and didn’t appear to use that savings elsewhere.

Econ Comments & Analysis                                                                                    | Why We Won’t See An Oil Price Rebound Yet
The February 10 IEA Oil Market Report states that some “market participants are seeing light at the end of the tunnel” based on oil company spending cuts. It goes on to mention that over-supply could become as bad as in 1998 when oil prices plunged to almost $11 per barrel.
Real Clear Markets | The (Market) Price of Bad Behavior
To many, the mention of business leaders and Wall Street executives conjures images of corporate greed by day and wild parties by night. Indiscretions do make splashy headlines and generate public outrage. But bad behavior by top businessmen and women in free market systems has larger repercussions than embarrassment and personal stress.
New Jersey Insitute of Technology | Too Big To Fail
According to the old joke, an 800-pound gorilla sleeps anywhere it wants to. When it comes to the expansion of Too Big To Fail institutions in this country, we now have more than one 800-pound gorilla in the room, and all of them have been gaining weight rapidly since 2007. - See more at:
Market Watch | U.S. launches new trade challenge against China
The U.S. opened a new front in a long string of trade disputes with China, challenging a broad program Beijing uses to subsidize export businesses.

Wall Street Journal | Retail Sales Mystery: Where Are Americans’ Gas Savings Going?
Americans saved at the pump last month as gasoline prices fell to levels last seen in 2009. But where did that money go?