Archive - Mar 30, 2012 - Blog entry

As Monti said, "The financial aspect of the crisis is over." For the moment. But the problems are worse than ever.

BANZAI7 WARNING: BEVERAGES, INCLUDING STARBUGS, ARE NOT RECOMMENDED NEAR THIS POST

Our feeling is that Germany is establishing a "Plan B" in place in case it needs to leave the Euro at some point. The catalyst(s) that might provoke this are the upcoming French, Irish, and Greek elections, which could see a resurgence in leftist, anti-austerity measures in these countries. Moreover, inflation is kicking up in Germany which will exacerbate tensions between it and the ECB.

Fukushima Radiation Plume Hit Southern and Central California

There is nothing highbrow or insightful about eschewing seasonally adjusted data. Zinging seasonally adjusted methodology because it is not perfect is throwing the baby out with the bathwater. Many people love to be critical of what they cannot - or refuse to- understand. Of course, if you do not LIKE or WANT TO ACCEPT the message in the ‘SA’ data, the NSA data may provide a refuge for the naysayer. And I suppose that is its true purpose more than people thinking seasonal adjustment is done by the anti-Christ or something.

All you need to read and more.