Wednesday, September 07, 2011

Morning Journal 9/7/11


Economics

This Week’s Data


The Institute for Supply Management’s August nonmanufacturing index came in at 53.3 versus expectations of 51.0 and July’s reading of 52.7.
http://www.capitalspectator.com/archives/2011/09/a_bit_of_good_n_1.html#more

Weekly mortgage applications fell 4.9% but purchase applications rose 0.2%
http://www.calculatedriskblog.com/2011/09/mba-mortgage-purchase-application-index.html


Politics

Domestic


The fallacy of solar power (medium):
http://www.nationalreview.com/articles/276119/obama-s-enron-rich-lowry

From CafĂ© Hayek--some thoughts on job creation to keep in mind while listening to Obama’s speech (medium):
http://cafehayek.com/2011/09/the-curious-task-3.html