Thursday, September 29, 2011

Morning Journal 9/29/11


Economics

This Week’s Data


Weekly jobless claims fell by a whopping 42,000 versus estimates of down 4,000.

The second revision of second quarter GDP came in at +1.3% in line with estimates; the GDP deflator was +2.5% versus forecasts of +2.4%.


Other

More on yesterday’s durable goods order number (short):
http://www.capitalspectator.com/archives/2011/09/durable_goods_o_4.html#more

Taking losses (short):
http://www.ritholtz.com/blog/2011/09/take-the-loss/

Politics

Domestic


White House ‘questions’ Ford about ‘anti bail out’ ad (medium):
http://www.detnews.com/article/20110927/OPINION03/109270322/Howes--Ford-pulls-its-ad-on-bailouts

More on Solyndra and other eco projects (medium):
http://michellemalkin.com/2011/09/28/solyndra-watch/

International


Tony Blankley on US foreign policy (medium):
http://townhall.com/columnists/tonyblankley/2011/09/28/presidents_foreign_policy_failures_increase

Another look at the parallels between the Japanese and the US debt crisis (medium):
http://pragcap.com/more-on-japan-in-fast-forward