Tuesday, August 30, 2011

Morning Journal-8/30/11


Economics

This Week’s Data


July pending home sales fell 1.3% versus expectations of a decline of 1.0%.

Other

A very thorough review of household income from Doug Short (medium):
http://advisorperspectives.com/dshort/updates/Household-Income-Distribution.php

More positive anecdotal evidence on the economy (short):
http://mjperry.blogspot.com/2011/08/positive-economic-news-roundup.html

US exports to China (short):
http://mjperry.blogspot.com/2011/08/us-exports-to-china-grew-4-times-faster.html

Politics

International War Against Radical Islam


Andrew McCarthy on the Islamization of Europe (long):
http://www.nationalreview.com/articles/275686/losing-malmo-andrew-c-mccarthy