Tuesday, October 2, 2012

Morning Journal-Lacy Hunt on debt


Economics

   This Week’s Data

            The September Institute for Supply Management’s manufacturing index rose to 51.1 versus expectations of 49.7.

            August construction spending fell 0.6% versus estimates of an increase of 0.6%.
           
   Other

            The EU misery index (short):

            Why the recent build up in debt has been so counter productive (6 minute video with Lacy Hunt---a must watch):

            Lessons from Iceland and Argentina (short):

            More lawsuits facing JP Morgan (medium):

            Weekly update on gasoline prices (short):

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