Blog Archives

US Week Ahead: August 12, 2012 – August 18, 2012: Paul Ryan for Vice President

The Treasury budget deficit is still going to cross the $1T mark and no one is likely to give President Obama extra marks for managing the economy in a crisis but he seems to have an edge over Mitt Romney

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Posted in Amitonomics, housing, Retail Lifestyle, US

US Week Ahead: August 12, 2012 – August 18, 2012: Not much hope nor change but no Republicans please. Paul Ryan for Vice President

The Treasury budget deficit is still going to cross the $1T mark and no one is likely to give President Obama extra marks for managing the economy in a crisis but he seems to have an edge over Mitt Romney

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Posted in Amitonomics, Banking, Film making, Financial Markets, US

US Economy (EoD Review): 3 year Auction, Santorum quits race

The hiring reports were the toast of the market with the 3.5 mln new hiring in February creating a new rush order interest in the markets, volumes rising 60% on the NYSE. The number of unemployed in the economy for

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Posted in Amitonomics, Banking, US

US Economy: A 13 bp rise in retail Home loan rates hurt!!!

The Purchase and Refi indices crashed -1% and -9% for a composite downtick of 7.4% this week even as 3 in four mortgage applications were from Refi last week. Illinois in the meantime had a resounding 46% mandate for Romney,

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Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Global, US

US Economy(EoD Review) : The Econopolitic vote from Alabama and Mississippi on Tuesday

Gingrich managed to carry one third the delegates in Alabama and Mississippi but the two states delivered a dire warning to Mitt Romney who thought this would be his knockout blow and to Gingrich who seems to be on the verge of

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Posted in Amitonomics, US

US Economy: Markets near a record close as FOMC predictably upgrades economy

Markets get near to a successful record close above levels last seen in 2007 as Bernanke reiterates his last few dictums on the Economy while noting with concerns the lack of real progress on the Jobs front. Thus the Fed

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Posted in Financial Markets

There’s nothing wrong with the guys at Goldman Sachs, or Utah! | Location Insight

Utah looks like  it could become mine and Lloyd Blankfein led Goldman Sachs new favourite with 21% rise is state and local taxes in New York a good reason to move. Of course, Goldman Sachs is pretty happy with the

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Posted in Amitonomics, Banking, US

US Economy (EoD Review): Romney, Yields come back, but to what avail!

Mitt Romney wins at least 3 states incl Massachussets and Vermont, yet getting only 60% in Virginia where Rick Santorum and Newt Gingrich did not even make it to the ballot, and while Santorum would like you to believe he

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Posted in Financial Markets

US Economy: A Politico Economic Update

Midday Update: Arizona and Michigan, a study in contrasts go to the primaries Tuesday and that home Michigan is the likeliest to jilt Romney, Newt back in a debate where more people, like in Michigan all month, have been trying to

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Posted in Financial Markets

US Economy: Jobless Claims 351K, RBS posts Insurance Profits | Econo Review & Insight

RBS posted gross profits of GBP 1.3 bln from its insurance on GBP 4 bln in Gross premium even as 2011 revenue fell an expected 13% to GBP 28 bln, NII billing top class GBP 12.7 bln while the Op

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Posted in Financial Markets