The Dichotomy in Economic Sentiment Between Consumers and Businesses

By: Thursday October 18, 2012 7:00 pm

Economic analysts are giddy about a recent spate of positive consumer-based indicators, on not only housing starts but consumer confidence, retail sales, auto sales and even unemployment. At the same time, in the same economy, the numbers run completely the other way when it comes to the corporate sector. Joe Weisenthal runs down the numbers. Some of them are sentiment-based, which I view with similar skepticism around a national election as I do with things like consumer confidence. But there are hard numbers around capital expenditures, and export growth, and corporate hiring plans, and even corporate profits, that have all turned negative.

So what’s going on?

 

Moody’s is Right About Eliminating the Debt Ceiling

By: Monday July 18, 2011 8:45 am

If the Republicans were really worried about protecting the private sector from dangerous and unnecessary government uncertainty, they would vote to eliminate this foolish debt ceiling limit altogether.

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