Friday, September 09, 2011

Morning Journal 9/9/11


Economics

This Week’s Data


The July trade deficit was $44.8 billion considerably less than expected ($51.9 billion) and June’s number of $53.1 billion.
http://mjperry.blogspot.com/2011/09/us-exports-set-new-record-in-july.html

Other


The news on the jobs front is not all bad (short):
http://mjperry.blogspot.com/2011/09/job-openings-highest-in-three-years.html

Oh no, not again. And so soon (short):
http://www.zerohedge.com/news/here-we-go-again-us-breach-transitory-debt-ceiling-monday

Friday morning humor (you absolutely have to watch this: three minute video):
http://paul.kedrosky.com/archives/2011/09/turn-the-mountain-biking-up-to-11.html

A look at the economy via charts (long but worth the read):
http://scottgrannis.blogspot.com/2011/09/20-bullish-charts-revisited.html

Politics

Domestic


The dilemma of suing the banks (medium and today’s must read):
http://www.bloomberg.com/news/2011-09-08/suing-banks-is-next-best-to-letting-them-fail-commentary-by-jonathan-weil.html