 |
 |
|
|
| |
| |
| |
|
|
| Articles about Economists |
| U.S. Recession to End by September, Business Economists Say | | 2008-05-19 02:03:00 | | By Steve MatthewsMay 19 (Bloomberg) -- The U.S. economy will probably exit from a recession by the end of the next quarter as credit markets improve after a year of turmoil, according to a survey by the National Association for Business Economics.The worst of the U.S. credit crunch and housing slump is about over, and growth will pick up to 2.1 percent in the second half, according to the poll of 52 professional forecasters taken April 17 to May 1. More than 60 percent of the economists surveyed predicted that businesses and consumers will find it easier to borrow in the final six months of the year.The share of analysts who said the U.S. is in or will have a recession this year rose to 56 percent from 45 percent in February. They anticipate that the Federal Reserve's steepest interest-rate cuts in two decades, tax rebates, record exports and some stabilization in housing will lead to a recovery this quarter or next.``We are most of the way through the downturn, or the worst of it,'' s... | | By: How to be Rich, Happy and Free from Scams | | |
| | |
|
|
| Economists wax on monetary policy | | 2008-02-22 19:20:00 | | Experts say the State Bank has every reason to tighten the monetary policy, but isn’t enough to curb inflation.
Le Dang Doanh, former Head of the Central Institute for Economic Management (CIEM): one stone kills one bird
The actions taken by the State Bank of Vietnam are a step in the right direction. However, it seems that the bank has taken an overly strong measure in its latest move.... | | By: Vietnam Business Finance News | | |
| | For Those Fart Blossoms Who Aren’t Economists… | | 2008-02-20 06:50:46 | |      Â
Hello, my Fart Blossoms. Are you left scratching your weaves over the credit crunch, trying to figure out just what in the fuck happened? Don’t feel bad - just about everyone is. But don’t worry, ya’ll. Ask, and Maxine shall make sure that ya’ll receive.
Some enterprising soul has creating a PowerPoint presentation to explain [...]... | | By: Maxine's House of Ill Repute | | |
| | Singapore's Economy Shows Signs of Overheating, Economists Say | | 2007-10-08 05:55:00 | | By Shamim Adam Oct. 5 (Bloomberg) -- Singapore's economy risks overheating as home prices reach the highest in a decade, companies hire workers at an unprecedented pace and the stock market soars to record levels, economists say. Inflation at a 12-year high and an economy expanding ``a little too rapidly'' mean signs of overheating are ``a few too many for comfort,'' Robert Prior-Wandesforde, an economist at HSBC Holdings Plc in Singapore, said in an Oct. 3 report. ``Consumer prices are by no means the only thing running relatively hot in the economy at present,'' Prior-Wandesforde said. ``A buoyant labor market was accompanied by strong wage growth. The Straits Times index has also risen nearly 50 percent over the last year.'' Singapore's economy grew an annualized 14.4 percent in the second quarter, the fastest pace in two years, fueled by construction and financial services. Employers added a record number of workers in the same period, pushing the jobless rate to a six-year low as service companies increased hiring. ``The overheating problem in India and China has now spilled over to Singapore,'' Deyi Tan, an economist at Morgan Stanley in Singapore, wrote in an Oct. 3 report. ``Not only has persistently strong growth resulted in an office space crunch, labor supply needs have also led to a jump in the foreign population. Residential property is booming and expat schools are oversubscribed.'' Office rents in Singapore's central business district are at record highs as financial institutions, lured to the city- state by corporate tax cuts, expand their businesses. Home Prices Singapore's private residential prices rose 8 percent to a 10-year high in the third quarter, the government said on Oct. 1. Home prices have increased every quarter in the past 3 1/2 years, according to data from the Urban Redevelopment Authority. Singapore's consumer price index increased 2.9 percent in August from a year earlier, in part after an increase in the goods and services tax the month before. The central bank expects inflation in 2007 to be between 1 percent and 2 percent, it said on Aug. 27, up from a previous range of 0.5 percent to 1.5 percent. Consumer prices may rise as much as 2 percent next year. The island's longest economic expansion since 1991 and the prospect of higher salaries are prompting more Singaporeans to enter the labor force. Average monthly wages climbed 8.5 percent in the second quarter, the fastest since 2000. Income gains are fueling consumer spending at restaurants and department stores, and may help the economy achieve the government's forecast of as much as 8 percent growth this year. `Signs of Overheating' The $134 billion Southeast Asian economy may expand 8.5 percent this year, and grow 7.3 percent in 2008, HSBC predicts. ``If forecasts are right and the country can look forward to another 12 months of above-trend expansion, then there will be less and less spare capacity in the economy and hence more and more signs of overheating,'' Prior-Wandesforde said. The Monetary Authority of Singapore targets its currency instead of interest rates to guide monetary conditions and control price gains. The central bank will probably maintain a three-year policy of allowing a ``modest and gradual'' appreciation of its currency when it reviews its policy next week, the HSBC and Morgan Stanley economists said. The city-state's government may also take steps to cool demand for homes and ease the labor market crunch, Prior- Wandesforde said. It may avoid waiting too long and ``act sooner rather than later'' to damp property price gains, he said. ``Increasing immigration quotas is another tool that has been used in the past to cool a hot labor market.'' A slowdown in the economies of the U.S. and others globally may also ease Singapore's risk of overheating, the analysts said. ``Singapore remains the most exposed to external conditions within Asia,'' Morgan Stanley's Tan wrote. ``The global soft- landing that lies ahead will help cool the economy.'' ... | | By: How to be Rich, Happy and Free from Scams | | |
|
|
|
| Why Economists Are Jittery about the Stock Market | | 2007-08-11 05:06:00 | | By Paul Krugman, The New York Times. Posted August 10, 2007.In September 1998, the collapse of Long Term Capital Management, a giant hedge fund, led to a meltdown in the financial markets similar, in some ways, to what's happening now. During the crisis in '98, I attended a closed-door briefing given by a senior Federal Reserve official, who laid out the grim state of the markets. "What can we do about it?" asked one participant. "Pray," replied the Fed official.Our prayers were answered. The Fed coordinated a rescue for L.T.C.M., while Robert Rubin, the Treasury secretary at the time, and Alan Greenspan, who was the Fed chairman, assured investors that everything would be all right. And the panic subsided.Yesterday, President Bush, showing off his M.B.A. vocabulary, similarly tried to reassure the markets. But Mr. Bush is, let's say, a bit lacking in credibility. On the other hand, it's not clear that anyone could do the trick: right now we're suffering from a serious shortage of... | | By: How to be Rich, Happy and Free from Scams | | |
| | Spare biology from the opinions of conservative economists | | 2007-05-21 02:03:14 | | Yesterday, the Wall Street Journal ran a piece on their opinion page (yeah, boo, crap so runny and putrid you can't even get rid of it with a shovel, I know) that claims biologists have been actively inflating species numbers as a cheap ploy to gain
If You Found E=mc2 in DNA, Would You Believe in ID? You cant make this stuff up. Heres what some Japanese scientists have done with bacteria. I think weve officially reached the information age of evolutionary biology. Order It Today: : The Design Revolution >Copyright 2007 Uncommon Descent . This Feed
Hubble reveals ghostly ring of dark matter Astronomers have discovered an enormous, ghostly ring of dark matter 5 billion light years away the most blatant evidence to date for the existence of a mysterious substance hidden throughout the universe. Dark matter makes up a vast majority of
Neptune's brightness and solar variation To those who accuse me of having a particular bias on the issue o... | | By: Doktertomi.com | | |
|
|
| |
 |
|
| |
| |
|
 |
