tag:blogger.com,1999:blog-30829155205643603452024-03-13T16:49:37.182-04:00Economic GraspThis blog attempts to educate people about how our economy works and to provide updates on what is going on in the economy that may affect them (See personal story at the bottom of the page). Neither this blog nor I are investment advisors, any opinions posted on this site are my own. Please seek a professional investment advisor to fit your personal investment goals.Unknownnoreply@blogger.comBlogger686125tag:blogger.com,1999:blog-3082915520564360345.post-70463533454609482952012-02-19T14:12:00.002-05:002012-02-19T14:25:39.897-05:00Former IMF Leader Discusses our Reality<object style="height: 290px; width: 440px;"><param name="movie" value="http://www.youtube.com/v/mOwZwkhFemQ?version=3&feature=player_profilepage">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFYOqAuaxFRTF3mXGjyCjqcdlJbrh4QqkTHJXh2KAFnwan1rAsvqmohFePLMFSaPM7sUypzRepfsIIO3QmlA2oSmwo6Gj2wp51yWtCrpSsLM3QgIU6UNkG0sq0V3ahnl_92lFKgYQj6Ar_/s1600/M1M2.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="188" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFYOqAuaxFRTF3mXGjyCjqcdlJbrh4QqkTHJXh2KAFnwan1rAsvqmohFePLMFSaPM7sUypzRepfsIIO3QmlA2oSmwo6Gj2wp51yWtCrpSsLM3QgIU6UNkG0sq0V3ahnl_92lFKgYQj6Ar_/s320/M1M2.png" width="320" /></a></div>
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<span style="font-size: x-small;"><b>Figure 1</b></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgjoGc_UEvgvpCftmn0k6ji2PG9c5ne5IStrp8okXwJjpKeqwE8tiV6TXJE0OHroSb2nw1wVUvUYoM6lbtKwkBGZJJmHNkemLEihaRxpME0jmVLa6DhML01kvhFJ0bVgB3FhAVWDCbmSfQ0/s1600/M1M2Change.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="188" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgjoGc_UEvgvpCftmn0k6ji2PG9c5ne5IStrp8okXwJjpKeqwE8tiV6TXJE0OHroSb2nw1wVUvUYoM6lbtKwkBGZJJmHNkemLEihaRxpME0jmVLa6DhML01kvhFJ0bVgB3FhAVWDCbmSfQ0/s320/M1M2Change.png" width="320" /></a></div>
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<b><span style="font-size: x-small;">Figure 2</span></b></div>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 13px; line-height: 18px; text-align: justify;">Figure 2 shows a big change in Year-over-year increase from the prior year and eclipses the rate of change experienced in 2009. If the economy is so healthy, why are we printing so much money?</span>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-26951114478918299472012-02-04T08:33:00.001-05:002012-02-04T08:38:04.437-05:00Number of persons on Foodstamps continues to climb, as shown in figure 1.<br />
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<a href="http://www.dailyjobsupdate.com/wp-content/uploads/Food-Stamps-Monthly.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="282" src="http://www.dailyjobsupdate.com/wp-content/uploads/Food-Stamps-Monthly.jpg" width="420" /></a></div>
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Figure 1.</div>
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The primary beneficiary of this phenomenon seems to be JP Morgan Chase, refer to link <a href="http://theeconomiccollapseblog.com/archives/making-money-on-poverty-jp-morgan-makes-bigger-profits-when-the-number-of-americans-on-food-stamps-goes-up">here</a> for more information. Figure 2 shows the number of persons on food stamps since 1975.<br />
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<a href="http://www.dailyjobsupdate.com/wp-content/uploads/Food-Stamps-Yearly.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="253" src="http://www.dailyjobsupdate.com/wp-content/uploads/Food-Stamps-Yearly.jpg" width="420" /></a></div>
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<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-71752471670514356652012-02-04T08:21:00.000-05:002012-02-04T08:36:29.607-05:00It would seem the jobs number is somewhat of a sham. See article from zerohedge<b> </b>and<span style="background-color: white; font-family: Verdana, Geneva, Arial, Helvetica, sans-serif; font-size: 13px;"> the direct video from trimtabs is as follows:</span><br />
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Zerohedge research:<br />
<a href="http://www.zerohedge.com/news/trimtabs-explains-why-todays-very-very-suspicious-nfp-number-really-down-29-million-past-2-mont">http://www.zerohedge.com/news/trimtabs-explains-why-todays-very-very-suspicious-nfp-number-really-down-29-million-past-2-mont</a><br />
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Video on youtube:<br />
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<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-68593920244613138392011-09-11T16:31:00.000-04:002011-09-11T16:31:27.605-04:00Santelli Call Social Security a Ponzi Scheme<br />
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<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-41344468321877465132011-08-21T18:47:00.000-04:002011-08-21T18:47:23.573-04:00Venezuela's Chavez Requests Delivery of Their Gold<a href="http://www.scribd.com/doc/62765636" style="-x-system-font: none; display: block; font-family: Helvetica,Arial,Sans-serif; font-size-adjust: none; font-size: 14px; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal; margin: 12px auto 6px auto; text-decoration: underline;" title="View Hmmm August 20 2011 on Scribd">Hmmm August 20 2011</a><iframe class="scribd_iframe_embed" data-aspect-ratio="" data-auto-height="true" frameborder="0" height="600" id="doc_79640" scrolling="no" src="http://www.scribd.com/embeds/62765636/content?start_page=1&view_mode=list" width="100%"></iframe>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-50152796778140781902011-08-09T18:41:00.002-04:002011-08-09T18:45:15.385-04:00Dylan Ratigan's Emotional Speech on August 9thDylan Ratigan speaks what a majority of America would like to say and calls it right.<br />
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<div style="text-align: center;"><object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=10,0,0,0" height="245" id="msnbc23720d" width="420"><param name="movie" value="http://www.msnbc.msn.com/id/32545640" /><param name="FlashVars" value="launch=44079837^262120.99999999997^582149&width=420&height=245" /><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="wmode" value="transparent" /><embed name="msnbc23720d" src="http://www.msnbc.msn.com/id/32545640" width="420" height="245" FlashVars="launch=44079837^262120.99999999997^582149&width=420&height=245" allowscriptaccess="always" allowFullScreen="true" wmode="transparent" type="application/x-shockwave-flash" pluginspage="http://www.adobe.com/shockwave/download/download.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object></div><div style="background: transparent; color: #999999; font-family: Arial, Helvetica, sans-serif; font-size: 11px; margin-top: 5px; text-align: center; width: 420px;">Visit msnbc.com for <a href="http://www.msnbc.msn.com/" style="border-bottom: 1px dotted #999 !important; color: #5799DB !important; font-weight: normal !important; height: 13px; text-decoration: none !important;">breaking news</a>, <a href="http://www.msnbc.msn.com/id/3032507" style="border-bottom: 1px dotted #999 !important; color: #5799DB !important; font-weight: normal !important; height: 13px; text-decoration: none !important;">world news</a>, and <a href="http://www.msnbc.msn.com/id/3032072" style="border-bottom: 1px dotted #999 !important; color: #5799DB !important; font-weight: normal !important; height: 13px; text-decoration: none !important;">news about the economy</a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-87956324792590135712011-07-27T09:24:00.000-04:002011-07-27T09:25:00.009-04:00Dylan Ratigan on Policy IssuesGreat video, towards the end of this segment, Dylan again points out where our structural problems are in our policies.<br />
<div style="text-align: center;"><object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=10,0,0,0" height="245" id="msnbc55c8e9" width="420"><param name="movie" value="http://www.msnbc.msn.com/id/32545640" /><param name="FlashVars" value="launch=43900803&width=420&height=245" /><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="wmode" value="transparent" /><embed name="msnbc55c8e9" src="http://www.msnbc.msn.com/id/32545640" width="420" height="245" FlashVars="launch=43900803&width=420&height=245" allowscriptaccess="always" allowFullScreen="true" wmode="transparent" type="application/x-shockwave-flash" pluginspage="http://www.adobe.com/shockwave/download/download.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object></div><div style="background: transparent; color: #999999; font-family: Arial, Helvetica, sans-serif; font-size: 11px; margin-top: 5px; text-align: center; width: 420px;">Visit msnbc.com for <a href="http://www.msnbc.msn.com/" style="border-bottom: 1px dotted #999 !important; color: #5799DB !important; font-weight: normal !important; height: 13px; text-decoration: none !important;">breaking news</a>, <a href="http://www.msnbc.msn.com/id/3032507" style="border-bottom: 1px dotted #999 !important; color: #5799DB !important; font-weight: normal !important; height: 13px; text-decoration: none !important;">world news</a>, and <a href="http://www.msnbc.msn.com/id/3032072" style="border-bottom: 1px dotted #999 !important; color: #5799DB !important; font-weight: normal !important; height: 13px; text-decoration: none !important;">news about the economy</a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-36381272617467536512011-07-24T09:05:00.000-04:002011-07-24T09:05:10.155-04:00Dylan Ratigan on Free TradeGreat video's and Podcast from Dylan Ratigan, A must listen about the Free Trade Agreements impact on American people.<br />
http://www.dylanratigan.com/2011/07/20/trading-our-future/Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-2380290572054371572011-07-23T10:04:00.002-04:002012-02-04T08:28:12.078-05:00Rick Santelli's Latest Rant<div style="text-align: center;">
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<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgG4UJtcFL_MUkkR0SD59Nuru2pCkd2szbSdFOvR8o7OvRUbKiAIRO4ICvfeR1CZXuMsD-Q4sGkrBQZQhrbAWFiF4GTaqfSnSEbo1dcJ03k-KsR9o7xlLsbAoii30OXf6t2RXAkT2RX20Xh/s1600/pomo.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="125" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgG4UJtcFL_MUkkR0SD59Nuru2pCkd2szbSdFOvR8o7OvRUbKiAIRO4ICvfeR1CZXuMsD-Q4sGkrBQZQhrbAWFiF4GTaqfSnSEbo1dcJ03k-KsR9o7xlLsbAoii30OXf6t2RXAkT2RX20Xh/s400/pomo.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4wT-wrZTP9DL8p5f0Cteq6z9IncAk4IM0_aJcsdB7ox-ItoYAmshgaFKMMEBpJia_igFEfjFrWRfL_dUNhBeAPk4XphWZ8_xkMMEMnkx0LbmkAOkLttCiCu52lgATItnSpB5mcXRWF0-E/s1600/cumultive11032011.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4wT-wrZTP9DL8p5f0Cteq6z9IncAk4IM0_aJcsdB7ox-ItoYAmshgaFKMMEBpJia_igFEfjFrWRfL_dUNhBeAPk4XphWZ8_xkMMEMnkx0LbmkAOkLttCiCu52lgATItnSpB5mcXRWF0-E/s400/cumultive11032011.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPY1TpE1lkSoBzSnpNzmqro_lHRkywqUQksZp42940k965Vf4mK3PmzRTeh4PwY8gkdLRU9Q8uLHlzuLA4fIqXdZce-cLGLNFHxpR1RZaSWsmt525jf9D6AhObfdsFCpY6RS0QUjg-mV_u/s1600/cumulative08172010.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPY1TpE1lkSoBzSnpNzmqro_lHRkywqUQksZp42940k965Vf4mK3PmzRTeh4PwY8gkdLRU9Q8uLHlzuLA4fIqXdZce-cLGLNFHxpR1RZaSWsmt525jf9D6AhObfdsFCpY6RS0QUjg-mV_u/s400/cumulative08172010.png" width="400" /></a></div><br />
The current printing schedule is as follows:<br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXLRzM-D0QCLv6ue9e_QhK7q5ltX7LDLqNUxAvUbdgAXf2UC_KXs5P4iA-bvivd9Iv4I3nYDoJerpcrCB9OLMBq3gLKmw9zlSqn6wjFw85hReLGvPWqtL10hS1FTjOFjda2dq5oAQeUGZT/s1600/Picture+1.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="302" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXLRzM-D0QCLv6ue9e_QhK7q5ltX7LDLqNUxAvUbdgAXf2UC_KXs5P4iA-bvivd9Iv4I3nYDoJerpcrCB9OLMBq3gLKmw9zlSqn6wjFw85hReLGvPWqtL10hS1FTjOFjda2dq5oAQeUGZT/s400/Picture+1.png" width="400" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-86801032681577043042011-05-15T09:39:00.001-04:002011-05-15T09:39:27.046-04:00Taking a BreakI am taking a break on posting and updates for a short period of time to recharge batteries.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-40528868818642516382011-05-01T13:17:00.000-04:002011-05-01T13:17:22.594-04:00Weekly King World News InterviewsThis week Eric King of <a href="http://www.kingworldnews.com/kingworldnews/King_World_News.html">KingWorldNews</a> interviews Bill Fleckenstein, Chris Whalen, Jim Rickards and Rick Santelli. A host of topics are discussed this week, but mostly centered around the FEDs speach this week and what it means to the economy and QE. This information is critical to aid in decision making defensive decisions in the market place.<br />
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<div style="text-align: justify;"><a href="http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/4/28_Bill_Fleckenstein_files/Bill%20Fleckenstein%204%3A28%3A2011.mp3">Bill Fleckenstein</a> - Discusses the amount of money going into the economy from the government and the value of the dollar due to FED debasement. Bill thinks that the dollar is still over owned with considerable risks from the FED's devaluation. Bill believes that the root of our issues is the money printing done by the FED which is leading to a massive debt in our country, which is slowly causing us to lose reserve status slowly over time. Bill says we are going to have a raging inflation problem down the road due to the non-stop money printing. He believes silver has a chance of really having a big move and that when silver goes over $50 it could take off as their is no ceiling defined prior. </div><br />
<div style="text-align: justify;"><a href="http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/4/29_Chris_Whalen_files/Chris%20Whalen%204%3A29%3A2011.mp3">Chris Whalen</a> - Discusses how the FED is lost in policy guidance. He makes that point that if we don't let interest rates rise we are going to have a big problem with the banks soon, because they are not making any money. He mentions how the housing price index is down 8 months in a row and nobody wants to have that discussion. He says he is getting ready to downgrade the whole sector due to these issues. Chris says that the suppression of interest rates has not really helped housing or the home owner, which is putting a negative impact on the economy. Chris thinks that the dollar would be much lower right now if we weren't a reserve currency and sees that over time the dollar is going down further. He thinks we need not a better fiscal policy to help the economy and mentions until we prove to the world we have one and follow it, we won't be able to turn the dollars decline around. Chris says that if the FED stops QE then we will have a lot of problems. Listen to the entire interview for deeper insights.</div><br />
<div style="text-align: justify;"><a href="http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/4/30_Jim_Rickards_files/Jim%20Rickards%204%3A30%3A2011.mp3">Jim Rickards</a> - Discusses how the FED is using its tools to get real GDP inline, but they can't control M1 due to lack of borrows and a lack of lending on the banks side as well. He also discusses the psychological factors adding headwinds against FED velocity, as velocity is declining due to people not feeling good about jobs, spending and such. Jim mentions that the stock market participation is actually very low (as well as volume) and mainly HFT (high frequency trading) is running the markets. He says if the FED gets into negative interest rates, that could stimulate borrowing, spending and such. He mentions that we should watch the TIPS spread if it widens then the FED is meeting his goal, but if it doesn't then he will keep rates close to zero. Jim also says that the end of QE2 will actually occur, but the FED has a reinvestment effect (maturing assets) going back into treasuries which blurs the lines. China wants to reduce their 1/3rd of their reserves (1 Trillion) out of the dollar, but Jim points out that is not going to be all at once and will be done in different ways. Listen to the entire interview for more information on the economy and the dollar which is critical to understand.</div><br />
<div style="text-align: justify;"><a href="http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/4/30_Rick_Santelli_files/Rick%20Santelli%204%3A30%3A2011.mp3">Rick Santelli</a> - Discusses the destructiveness of the FED and how the printing towards inflation which is impacting the average family in discretionary spending due to the price at the pump and food. He also mentions how these artificially low rates are impacting retirees as they are supposed to stay with conservative investments with zero interest rates. Rick says that as we back off some of these spending programs GDP is getting impacted (as witnessed by the last years history and recent GDP). The policy is not creating lasting positive effects in the economy. Eric points out that about 8 to 9 dollars of spending equals 1 dollar of GDP currently which is really having a negative effect on the country. Rick says until we see Fiscal policy right we will continue to see the same dynamics going on now. Rick thinks that the FED actually acknowledged this week that the inflation play is actually not working for jobs and the economy. Rick believes that interest rates will eventually go up in a few years, but right now the economic headwinds will keep them down. Listen to the entire interview for more in-depth information from Rick. </div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-67628621791963059322011-05-01T09:52:00.000-04:002011-05-01T09:52:05.053-04:00Weekly Unofficial Problem Bank List<div style="text-align: justify;"><a href="http://www.calculatedriskblog.com/2011/04/unofficial-problem-bank-list-increases.html">CalculatedRisk</a> has released its latest "<a href="http://calculatedriskimages.blogspot.com/2011/04/unofficial-problem-bank-list-apr-29.html">Unofficial Problem Bank List</a>" that increased to 984 institutions. There were 6 removals from the list (including the 5 bank failures from the FDIC failed bank list) and 14 additions to the problem list with assets of $422.1 billion dollars. To read more specifics please click <a href="http://www.calculatedriskblog.com/2011/04/unofficial-problem-bank-list-increases.html">here</a>.</div><br />
<table><tbody>
<tr><td><br />
<table border="1" cellspacing="0"><tbody>
<tr><th><span class="Apple-style-span" style="font-size: x-small;">State</span></th><th><span class="Apple-style-span" style="font-size: x-small;">Chg</span></th></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">CA</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">CO</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">DE</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">GA</span></td><td><span class="Apple-style-span" style="font-size: x-small;">-1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">IA</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">ID</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">KY</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">MI</span></td><td><span class="Apple-style-span" style="font-size: x-small;">-1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">MN</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">MS</span></td><td><span class="Apple-style-span" style="font-size: x-small;">-1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">NC</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">OH</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">SC</span></td><td><span class="Apple-style-span" style="font-size: x-small;">1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">WA</span></td><td><span class="Apple-style-span" style="font-size: x-small;">-1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">WI</span></td><td><span class="Apple-style-span" style="font-size: x-small;">2</span></td></tr>
</tbody></table></td><td><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzMnlwSyX_JcjFKvHanUK1UcLuWaJiypJKUFMNwYpZEIG9r0I6SGl-0kN5NZoRlqceqS4YgO7cv94XHnRFYGAR1VD_j7tcJAzsNlyoALnHRy2BNffx-H6UUYASDgJRhd39OqY5swOhhMdD/s1600/problembanklist.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="271" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzMnlwSyX_JcjFKvHanUK1UcLuWaJiypJKUFMNwYpZEIG9r0I6SGl-0kN5NZoRlqceqS4YgO7cv94XHnRFYGAR1VD_j7tcJAzsNlyoALnHRy2BNffx-H6UUYASDgJRhd39OqY5swOhhMdD/s400/problembanklist.png" width="400" /></a></div></td></tr>
</tbody></table>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-23219450296005537392011-05-01T09:26:00.000-04:002011-05-01T09:26:23.119-04:00Weekly M1 and M2 Money Supply<div style="text-align: justify;">This week M1 money supply (which includes currency, checks, demand deposits and other checkable deposits) saw an increase of 0.25%. M2 money supply (which includes M1 plus retail Money Market Mutual Funds, savings and small time deposits) saw an increase of 0.14%. Year over Year M1 increased 9.83% and M2 increased 4.82%. </div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjE9TyU7YDgAomwWZl4v-f6QeWbkBvtSGfhtz8afwwwPbdIR1006cDF8IVXQK_egKTrQOYNRGhgd8G-EHnbqzPHUPcNS_jPiYrD-K_oUd-8lpTQlSwxF8I-ZcfQi1WA62pfgbuhWpQIYO_z/s1600/M1M2.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="235" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjE9TyU7YDgAomwWZl4v-f6QeWbkBvtSGfhtz8afwwwPbdIR1006cDF8IVXQK_egKTrQOYNRGhgd8G-EHnbqzPHUPcNS_jPiYrD-K_oUd-8lpTQlSwxF8I-ZcfQi1WA62pfgbuhWpQIYO_z/s400/M1M2.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiGiQugWBXpirf6xgFQqP7KHZca_2YCGtFhyphenhyphenWkUXP_b2gHXiUi7coPvWV-cPrJgNDhUi-PSfR3G2TdhXmKm999GyaOXPVESl0IEwG-VyPnOjqHbpeuTjLWVyjqbDRxBXnxiq2lUgtuBMW18/s1600/M1M2Change.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="235" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiGiQugWBXpirf6xgFQqP7KHZca_2YCGtFhyphenhyphenWkUXP_b2gHXiUi7coPvWV-cPrJgNDhUi-PSfR3G2TdhXmKm999GyaOXPVESl0IEwG-VyPnOjqHbpeuTjLWVyjqbDRxBXnxiq2lUgtuBMW18/s400/M1M2Change.png" width="400" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-66628826425820800262011-05-01T08:53:00.000-04:002011-05-01T08:53:56.205-04:00Weekly FDIC Bank Failures<div style="text-align: justify;">This week the FDIC had 5 bank failures bringing the total number of banks failed to 39 institutions. This past week we lost Community Central Bank in Mount Clemens Michigan, The Park Avenue Bank in Valdosta Georgia, First Choice Community Bank in Dallas Georgia, Cortez Community Bank in Brooksville Florida and First National Bank of Central Florida in Winter Park Florida. The past 2 weeks have shown an acceleration in the number of lost banks. We'll have to see if this trend continues and/or accelerates. Currently the number of banks failed is behind 2010's number at this point one year earlier.</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhP_xiLD_gZzZ7exaFkhQTTlVD3k7zGG49lEF3pyqhL_Uw4ZmFwgB8YE7GgboAvRiDmFW0QNFrsgMJPY3TRMlShR3CQenS8uj5wDeAdDmjhatbD5gS0fjHffWsWijF6W5UGWFZ_NMcUnwwH/s1600/bankfailures.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="271" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhP_xiLD_gZzZ7exaFkhQTTlVD3k7zGG49lEF3pyqhL_Uw4ZmFwgB8YE7GgboAvRiDmFW0QNFrsgMJPY3TRMlShR3CQenS8uj5wDeAdDmjhatbD5gS0fjHffWsWijF6W5UGWFZ_NMcUnwwH/s400/bankfailures.png" width="400" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-86288409855419379652011-05-01T08:36:00.000-04:002011-05-01T08:36:30.306-04:00Weekly FED POMO Purchases<div style="text-align: justify;">The FED performed four POMO (Permanent Open Market Operations) purchases this week in the amounts of ; 7.24 billion, 1.999 billion, 6.678 billion and 6.679 billion dollars. This brings the total since November 3rd 2010 (The day the FED announced the printing of $600 billion by June 30 2010) to $589.08 billion dollars and since August 17th 2010 to $644.54 billion dollars.</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiiSDPlSQ0aSLOOewbBPxmWOlQJ0Tdfb1BhcF0BPaD-h3xksiX0CXVwremxnce-ojpHlL1QwOfF9No7MwEuVRgJpmVGu98KG1cQ7tFYXKJDMZZqBDP5HxBP4NJaJGaiMDjXVdOczcYe9JXq/s1600/pomo.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="125" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiiSDPlSQ0aSLOOewbBPxmWOlQJ0Tdfb1BhcF0BPaD-h3xksiX0CXVwremxnce-ojpHlL1QwOfF9No7MwEuVRgJpmVGu98KG1cQ7tFYXKJDMZZqBDP5HxBP4NJaJGaiMDjXVdOczcYe9JXq/s400/pomo.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhK5OFUwVi4Oel4Q110qJqt9Ugj8al6jeaZXDyB0c_JgcFIiTmzaMyPETEh0PgQen_hvi715JENNtChr5n1Z3OOu-Q46IohyNpR4KPivDGLVj59djuYwc7ab5-cBFfe_ookG7qkF5gM1cpB/s1600/cumultive11032011.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhK5OFUwVi4Oel4Q110qJqt9Ugj8al6jeaZXDyB0c_JgcFIiTmzaMyPETEh0PgQen_hvi715JENNtChr5n1Z3OOu-Q46IohyNpR4KPivDGLVj59djuYwc7ab5-cBFfe_ookG7qkF5gM1cpB/s400/cumultive11032011.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhyb6-sF3qDHPL0QcnSmHaa-Ow772gBhCQfzsdBzJnTFUpRQGvDIUC43Fb0yNnv3ck-7FLvgfnlWctiLYfb_X9rSo8D6KMCA8rs-0WCiG89FvGW5-y6L3sizIbj-hueZZIu1IF-324F6tFI/s1600/cumulative08172010.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhyb6-sF3qDHPL0QcnSmHaa-Ow772gBhCQfzsdBzJnTFUpRQGvDIUC43Fb0yNnv3ck-7FLvgfnlWctiLYfb_X9rSo8D6KMCA8rs-0WCiG89FvGW5-y6L3sizIbj-hueZZIu1IF-324F6tFI/s400/cumulative08172010.png" width="400" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-11426078894376510732011-05-01T08:25:00.000-04:002011-05-01T08:25:40.003-04:00Weekly Fund Flows<div style="text-align: justify;">The fund flows report for 4/20/2011 showed stronger buying in domestic stocks again. Domestic stocks showed $1.93 billion dollars of in-flows and Foreign stocks had $1.15 billion dollars of in-flows. Taxable bonds continued to show strong buying with $3.32 billion dollars of in-flow, while Municipal bonds continued to see strong selling with -$1.151 billion of out-flows. This is the 24th straight week of out-flows in municipal bonds. </div><div><br />
</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfdhq7wDzoKgopVNslY-fknLtjeoIHjETGiEl-vJMq8KUbU3FN8XdWQj96_2zQKJXychlI-8iAX_aymszmFi2t9DC771V1nm-np2XNjqV5yvtJ5uakJK96T9RopLHsTkUbpP2PIyPNd8nG/s1600/money_flows.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="260" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfdhq7wDzoKgopVNslY-fknLtjeoIHjETGiEl-vJMq8KUbU3FN8XdWQj96_2zQKJXychlI-8iAX_aymszmFi2t9DC771V1nm-np2XNjqV5yvtJ5uakJK96T9RopLHsTkUbpP2PIyPNd8nG/s400/money_flows.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpmFdbfuBuK_tIkt8PM1vMktSkYOaEHbIMq9xXp8g3KA5oGHOCqbogQRmg3Lda5MZP5R6st48HzDpyyTw0ifFmNcm6JO2LYSdnuWIq8dX1e-6oP9luUc3Ug_NEsvG0pvZjK1FlGbosqrFz/s1600/mutual_fund_flows.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="216" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpmFdbfuBuK_tIkt8PM1vMktSkYOaEHbIMq9xXp8g3KA5oGHOCqbogQRmg3Lda5MZP5R6st48HzDpyyTw0ifFmNcm6JO2LYSdnuWIq8dX1e-6oP9luUc3Ug_NEsvG0pvZjK1FlGbosqrFz/s400/mutual_fund_flows.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMD9fkhibdMW8UM7JE431nG8DCbYM4RtBJyH72nb7dgsheZzA2I98tOVbx4RA2gNNMdxquqMR3t0KVpBo1zlOpxpbF7PkswmFZn0xcTGGtfJtY9CSg3bIx8QBTu-tdUSbFoVsAaCTkH0Fi/s1600/bond_money_flows.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="226" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMD9fkhibdMW8UM7JE431nG8DCbYM4RtBJyH72nb7dgsheZzA2I98tOVbx4RA2gNNMdxquqMR3t0KVpBo1zlOpxpbF7PkswmFZn0xcTGGtfJtY9CSg3bIx8QBTu-tdUSbFoVsAaCTkH0Fi/s400/bond_money_flows.png" width="400" /></a></div><div><br />
</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-58623167490257967782011-04-28T09:47:00.000-04:002011-04-28T09:47:25.557-04:00Weekly Initial Unemployment Claims<div style="text-align: justify;">The initial unemployment claims were released today confirming the trend toward higher unemployment. Initial Unemployment Claims is a measure of the number of persons whom filed for unemployment benefits for the first time in the prior week. This provides an early look at what our unemployment rate may look like for the month. This weeks forecasted number called for 392k, but the actual headline number came in at 429k. This is a large jump in the number of unemployed and has increased the 4 week moving average to 406.5k from the previous weeks 396.25k. The 4 week moving average smoothes out the distortions in the numbers and provide a trend. Currently the 4wk moving average has been trending up, showing that our unemployment rate should be notching up again as well. Last weeks number was revised from 403k to 404k which is one of the smallest revisions we have seen in a while. Again, we need to keep our eyes on the revisions.</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjejsj5RxAK3KYt0X3wYCHbWVo0-vv604av1kZiSyFXklSiyK-Yf2t-KYjxvhHahTwatFWNLdoQX59T10gKwQT4JnVfUwAvXs-gdBFqXwuNTrZ7XLZ660HGnLxsA8U791sJBDbUVLW0HGVT/s1600/initial_unemployment_claims_prior_week.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjejsj5RxAK3KYt0X3wYCHbWVo0-vv604av1kZiSyFXklSiyK-Yf2t-KYjxvhHahTwatFWNLdoQX59T10gKwQT4JnVfUwAvXs-gdBFqXwuNTrZ7XLZ660HGnLxsA8U791sJBDbUVLW0HGVT/s400/initial_unemployment_claims_prior_week.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIWC3CvRY7TcrqgQjh_rq7uhtX6VvgcWFSofuMbHtLD-qnOU4VBfqEvlWI2tLT5HV-GwqfqRd1KBSgWFJxv66LTB_ycLOnvOzYTXeaMKnE_YFNP7Og_lJAJWd7x9uG8kfCqFyE42pHoY-2/s1600/initial_unemployment_claims.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIWC3CvRY7TcrqgQjh_rq7uhtX6VvgcWFSofuMbHtLD-qnOU4VBfqEvlWI2tLT5HV-GwqfqRd1KBSgWFJxv66LTB_ycLOnvOzYTXeaMKnE_YFNP7Og_lJAJWd7x9uG8kfCqFyE42pHoY-2/s400/initial_unemployment_claims.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQBDaF6o9n9LTs8k8Pecss4EfVimPQ5RhYRBq2DFUn69gEk5LN7IuYfaY4gspNK9PK-Sms8Zgzci7J-pmgrSx7oQEtHpNLP68utGmnMhxM4RchSwLD46zYqZEt-sfp4sHJYOrxFxqButyJ/s1600/detla_in_actual_vs_revised.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="232" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQBDaF6o9n9LTs8k8Pecss4EfVimPQ5RhYRBq2DFUn69gEk5LN7IuYfaY4gspNK9PK-Sms8Zgzci7J-pmgrSx7oQEtHpNLP68utGmnMhxM4RchSwLD46zYqZEt-sfp4sHJYOrxFxqButyJ/s400/detla_in_actual_vs_revised.png" width="400" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-13799451444802515002011-04-24T10:02:00.000-04:002011-04-24T10:02:34.864-04:00Weekly Initial Unemployment Claims<div style="text-align: justify;">This week the Initial Unemployment Claims, which measures the number of persons who filed for unemployment benefits for the first time, was worse than forecasted (as always). The forecasted number was 394k and the actual headline number came in at 403k. I make the distinction of headline number as it is the first release of the number, unfortunately the one most paid attention too (instead of the revised number). Last weeks number was revised up from 412k to 416k edging the delta to 4k from last weeks 3k. Given this, we can possibly expect revisions for this weeks number to be conservatively 406k. The 4 week moving average moved up from 391k to 396k which shows a trend higher for the past few weeks. </div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEDZXf0oKqG-wI_pDuE3mcZ3cv3aIkmgQmnfWk_xb8y5gqz6Ai74DXPN7AmVpV28k4giq8fKgawUHFJlLHW2ZFjfRuY1rBneeG1yuEOMkRW7GxS7UCoQss1VWRG0IWSDJznpUiCEKk9jaH/s1600/initial_unemployment_claims_prior_week.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEDZXf0oKqG-wI_pDuE3mcZ3cv3aIkmgQmnfWk_xb8y5gqz6Ai74DXPN7AmVpV28k4giq8fKgawUHFJlLHW2ZFjfRuY1rBneeG1yuEOMkRW7GxS7UCoQss1VWRG0IWSDJznpUiCEKk9jaH/s400/initial_unemployment_claims_prior_week.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgqyY0FK103py5QKZMKASRbTVvFf-zsEP1eKyuZMVTPbFDgwaR0rps-ucKV-gSduKfEO5_NGakoaOav-mP59sdtFdzo5Grx2MKqHprMFdFrly2z4EeibQPTVxVUXP7mge5rWRSaOzmU0t5N/s1600/initial_unemployment_claims.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgqyY0FK103py5QKZMKASRbTVvFf-zsEP1eKyuZMVTPbFDgwaR0rps-ucKV-gSduKfEO5_NGakoaOav-mP59sdtFdzo5Grx2MKqHprMFdFrly2z4EeibQPTVxVUXP7mge5rWRSaOzmU0t5N/s400/initial_unemployment_claims.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFkmi96_Jzzhb-H63j6LYaYdR4LSIOUWPGKamJ3yQ4LDB89_X4aQMPHiZJ2eZmYNfUuZfT_ojfkCWtBVPG6BIk60kq1jpwZKGCDpxvwvOnSCZ0fgRhK0J7s0eX0WKppSDdXNbOnH8O5HIF/s1600/detla_in_actual_vs_revised.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="232" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFkmi96_Jzzhb-H63j6LYaYdR4LSIOUWPGKamJ3yQ4LDB89_X4aQMPHiZJ2eZmYNfUuZfT_ojfkCWtBVPG6BIk60kq1jpwZKGCDpxvwvOnSCZ0fgRhK0J7s0eX0WKppSDdXNbOnH8O5HIF/s400/detla_in_actual_vs_revised.png" width="400" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-43451712582076760492011-04-24T09:52:00.001-04:002011-04-24T09:53:41.181-04:00Weekly Fund Flows<div style="text-align: justify;">This weeks fund flows report showed what seems to be major confusion in the domestic stock market (based on the past few weeks trend). Last weeks number for domestic outflows was revised to a -$644 million dollars (hundreds of millions worse than what was reported the week prior), but this weeks domestic stock flows showed a in-flow of $495 million dollars. Foreign stocks saw a reduction of in-flows bringing this weeks in-flows to $340 million dollars. Taxable Bonds saw in-flows of $3.581 billion dollars (still major piling into taxable bonds) and Municipal bonds (with 21 weeks of selling) had out-flows of $1.167 billion dollars. </div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQAy7dM9-5k_LokCHy0ba6N3uo68eJAMKTjYUsbF7HU20NuKsvnWQbNRotp45jgeTpzKT0lla9ROF-DdYiuxWsk0B_Ic3PMQgk9vr_E5BlvSXGRBjKT2OroLRzm46WbsHLvEkPHIaVAbkW/s1600/money_flows.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="260" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQAy7dM9-5k_LokCHy0ba6N3uo68eJAMKTjYUsbF7HU20NuKsvnWQbNRotp45jgeTpzKT0lla9ROF-DdYiuxWsk0B_Ic3PMQgk9vr_E5BlvSXGRBjKT2OroLRzm46WbsHLvEkPHIaVAbkW/s400/money_flows.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQjau22HGjw6uUXbMz7VqIefpUN6JsDEjqhbRtu6lZeK9SeAEa2LvwSvbFkfkXFPPnKh5KPjVTNLPqalxBGjeLVKvRU3PzxdevQkFbWDWEqq35VF09OgGLy5gNR6lM3W5gLthpshZqOp__/s1600/mutual_fund_flows.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="216" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQjau22HGjw6uUXbMz7VqIefpUN6JsDEjqhbRtu6lZeK9SeAEa2LvwSvbFkfkXFPPnKh5KPjVTNLPqalxBGjeLVKvRU3PzxdevQkFbWDWEqq35VF09OgGLy5gNR6lM3W5gLthpshZqOp__/s400/mutual_fund_flows.png" width="400" /></a></div><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgG-9a7Gm6slPe4Jh7S3eXndikoIKRlsets0UHxxQ2S1xUWr23au1AQiKYgOADyf51DlFNArk7pi6tFBF94BBpcxlQGIMwZFTI57F-NrZmZJ1bdDDUpexhDSIz0VNSOkESwfUwWxjF8Ywkz/s1600/bond_money_flows.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="226" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgG-9a7Gm6slPe4Jh7S3eXndikoIKRlsets0UHxxQ2S1xUWr23au1AQiKYgOADyf51DlFNArk7pi6tFBF94BBpcxlQGIMwZFTI57F-NrZmZJ1bdDDUpexhDSIz0VNSOkESwfUwWxjF8Ywkz/s400/bond_money_flows.png" width="400" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-85971037130655134052011-04-24T09:42:00.001-04:002011-04-24T09:42:25.631-04:00Weekly Unofficial Problem Bank List<div style="text-align: justify;"><a href="http://www.calculatedriskblog.com/2011/04/unofficial-problem-bank-list-at-976.html">CalculatedRisk</a> released its "<a href="http://calculatedriskimages.blogspot.com/2011/04/unofficial-problem-bank-list-apr-22.html">Unofficial Problem Bank List</a>" this week with 976 institutions on the list. There were 4 removals and 2 additions this week. The FDIC failed bank list had no banks listed this week as failures, most likely due to the Easter holiday close on friday. So we have yet to see if we have any banks failed from last week, they will be deferred to next week. The 976 institutions have an asset value of $422.2 billion dollars. Check out the article at CalculatedRisk by clicking <a href="http://www.calculatedriskblog.com/2011/04/unofficial-problem-bank-list-at-976.html">here</a>.</div><br />
<table><tbody>
<tr><td><br />
<table border="1" cellspacing="0"><tbody>
<tr><th><span class="Apple-style-span" style="font-size: x-small;">State</span></th><th><span class="Apple-style-span" style="font-size: x-small;">Chg</span></th></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">IL</span></td><td><span class="Apple-style-span" style="font-size: x-small;">-3</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">MD</span></td><td><span class="Apple-style-span" style="font-size: x-small;">+1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">TX</span></td><td><span class="Apple-style-span" style="font-size: x-small;">+1</span></td></tr>
<tr><td><span class="Apple-style-span" style="font-size: x-small;">UT</span></td><td><span class="Apple-style-span" style="font-size: x-small;">-1</span></td></tr>
</tbody></table></td><td><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8WvCzYbyPF5ISXBwAeu531N-BfdY42Wh46uzINKSxsNh_tIijlN1PmzjtyroYbVbCKB0C6cXeDt1GKbRn1h7KtUTA1hymuOw9afqM1Y9_DobgB1ajBtWRHQdkHRIn2xEvnrj8dyWeSvQ7/s1600/problembanklist.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="271" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8WvCzYbyPF5ISXBwAeu531N-BfdY42Wh46uzINKSxsNh_tIijlN1PmzjtyroYbVbCKB0C6cXeDt1GKbRn1h7KtUTA1hymuOw9afqM1Y9_DobgB1ajBtWRHQdkHRIn2xEvnrj8dyWeSvQ7/s400/problembanklist.png" width="400" /></a></div><table></table></td></tr>
</tbody></table>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3082915520564360345.post-42385936598141017222011-04-24T09:17:00.000-04:002011-04-24T09:17:27.312-04:00Weekly M1/M2 ChangesThis weeks M1 money supply (includes Currency, traveler's checks, demand deposits and other checkable deposits) decreased by -1.06% from 1903.6 billion in the previous month to 1883.7 billion this month. M2 money supply (includes M1 plus retail Money Market Mutual Funds, savings and small time deposits) increased by 0.06% from 8922.4 billion in the previous month to 8928.1 billion this month. M2 continues to rise week over week. Year-over-Year M1 expanded by 9.74% and M2 has expanded 4.53%.<br />
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<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPlrdeI_KqIr4SAvj_ZtfQhNatpKYz0DRfDRUGP9QngHV0DaURS1UUQHKlL_uDxOFWzrLBNQJD37g74HgC5rtzZwTJKzWBHp94SHDLYzUeFHTvce8BsELWPzRmWC7ZIf2Mef31WI2Ma5j_/s1600/M1M2Change.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="235" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPlrdeI_KqIr4SAvj_ZtfQhNatpKYz0DRfDRUGP9QngHV0DaURS1UUQHKlL_uDxOFWzrLBNQJD37g74HgC5rtzZwTJKzWBHp94SHDLYzUeFHTvce8BsELWPzRmWC7ZIf2Mef31WI2Ma5j_/s400/M1M2Change.png" width="400" /></a></div>Unknownnoreply@blogger.com0