Recent Blog Posts by James Picerno

• Is Gold Really an Inflation Hedge? February 16th, 2012
• Expecting More From Housing February 16th, 2012
• Papering Over the Gold Standard’s Flaws February 15th, 2012
• A January Thaw for Retail Sales February 14th, 2012
• Is the New Abnormal on Its Last Legs? February 13th, 2012
• Been Down So Long–Has Housing Finally Bottomed? February 10th, 2012
• Still No Sign of Recession Risk in Latest Jobless Claims Data February 9th, 2012
• Job Openings on the Rise February 8th, 2012
• Quantifying Economic Policy Uncertainty February 7th, 2012
• Private Payrolls Post a Surprisingly Strong Gain in January February 3rd, 2012
• Jobless Claims Continue to Trend Lower February 2nd, 2012
• A Troubling Trend For Income & Spending Rolls On January 31st, 2012
• December Economic Activity Improved, Chicago Fed Reports January 27th, 2012
• Delicate Relations: Markets & Macro January 23rd, 2012
• New Jobless Claims Drop Sharply January 19th, 2012
• An Optimist’s Optimist on the Economy January 18th, 2012
• Jobless Claims Rise as Retail Sales Slow January 13th, 2012
• Crunch Time for the Business Cycle January 11th, 2012
• The Great Debate About Recession Risk Rolls On January 10th, 2012
• Private Payrolls Rise 212k in December January 6th, 2012
• The January Effect & the Year Ahead January 5th, 2012
• Major Asset Classes, Performance Update January 3rd, 2012
• Prediction Addiction: 2012 Edition January 2nd, 2012
• Thinking Optimistically for the Year Ahead December 30th, 2011
• Re-reading Irving Fisher December 29th, 2011
• Sometimes Inflation Is Less (Or More) Than It Seems December 27th, 2011
• November’s Weak Spending & Income Report Clouds Outlook December 23rd, 2011
• A Closer Look at Yesterday’s Encouraging Report on Jobless Claims December 16th, 2011
• Jobless Claims Drop to the Lowest Level Since May 2008 December 15th, 2011
• Another Trip Down the Macro Memory Hole? December 13th, 2011
• Can We Trust The Moderate Growth Forecasts? December 9th, 2011
• Jobless Claims Drop to 9-Month Low December 8th, 2011
• Labor Dept. Says Private Payrolls Rose a Moderate 140,000 in November December 2nd, 2011
• Will October’s Economic Momentum Last? November 29th, 2011
• Will the Barricades Fall? November 22nd, 2011
• Draghi Isn’t Ready for His Closeup November 21st, 2011
• Europe’s Central Banking Crisis November 17th, 2011
• The Triumph of Austerity (and its Consequences) November 15th, 2011
• The Forecast File: US Retail Sales for October November 14th, 2011
• Will Slowing Income Growth Spoil the Party? November 9th, 2011
• Sluggish Job Growth Prevails… Again November 4th, 2011
• Jobless Claims Drop Below 400k November 3rd, 2011
• U.S. Economy Grew 2.5% in Third Quarter October 27th, 2011
• Hayek’s Solution October 25th, 2011
• U.S. Leading Indicators October 21st, 2011
• A Small Dip In Jobless Claims Keeps Hope (And The Un-Recession) Alive October 20th, 2011
• Macroeconomic Advisers: U.S. GDP Rose 0.4% in August October 19th, 2011
• The New Abnormal: Inflation Expectations & the Stock Market October 18th, 2011
• No Sign Of Recession In September Retail Sales October 14th, 2011
• Saving the Euro: Part 16-A/4.b (Subsection F) October 12th, 2011
• Sometimes (Macro) History Bites October 10th, 2011
• Private Sector Jobs Rose 137,000 Last Month… Whew! October 7th, 2011
• Dimished Expecations for Tomorrow’s Employment Report October 6th, 2011
• Jobless Claims Drop Sharply. Can We Believe It This Time? September 30th, 2011
• The Case For Monetary Cranks September 29th, 2011
• Too Much of a Good Thing? September 27th, 2011
• Jobless Claims Fell Last Week, But the Trend Still Looks Troubling September 22nd, 2011
• The Decline & Fall of Inflation Expectations… Again September 21st, 2011
• Industrial Production Vs. Credit Spreads September 16th, 2011
• Another Zero for August Economic Activity September 15th, 2011
• The Real Yield: A Critical Factor in the Current Climate September 12th, 2011
• Macro Solutions, Practical and Otherwise September 9th, 2011
• The Chronic Pain of Jobless Claims September 8th, 2011
• The Trouble with Tax Cuts September 6th, 2011
• Job Growth Takes a Dive in August September 2nd, 2011
• Who Is Alan Krueger? August 30th, 2011
• Inflation (And Bernanke) Expectations August 26th, 2011
• Bernanke v. Bernanke August 25th, 2011
• Are We Facing Another Troubling Rise in Money Demand? August 25th, 2011
• New Orders For Durable Goods Rise, But Business Spending Slumps August 24th, 2011
• The Politics Of Economics August 16th, 2011
• An Old Debate, A Familiar Response: The Rebalancing Bonus Myth August 15th, 2011
• U.S. Retail Sales Continue To Rise In July August 12th, 2011
• Jobless Claims Fall Below 400k for the First Time Since April August 11th, 2011
• The Case For Rebalancing Looks Compelling…Again August 11th, 2011
• A Closer Look at the Drop in Jobless Claims July 29th, 2011
• Is the Rough Patch Over? Lower Jobless Claims Inspire Fresh Hope July 28th, 2011
• The Final Frontier of Investing July 12th, 2011
• Job Growth Weakens Again In June July 8th, 2011
• The Road to Nowhere? June 30th, 2011
• Is the Summer of 2011 Following a Different Script? June 29th, 2011
• Consumer Spending Flat in May as Income Rises Modestly June 27th, 2011
• Weekly Jobless Claims Remain Elevated June 23rd, 2011
• Jobless Claims Fall to 4-Week Low June 16th, 2011
• A New Survey on the Economy Offers a Bit of Optimism June 10th, 2011
• Job Claims Inched Higher Last Week June 9th, 2011
• The Stock Market Is Still Thinking Positively June 6th, 2011
• Job Creation Slows Sharply in May June 3rd, 2011
• Consumer Income & Spending Rise In April, But Warning Signs Persist May 27th, 2011
• Slower Growth vs. Slow Growth May 16th, 2011
• What’s Up with Oil Prices? April 11th, 2011
• Weekly Jobless Claims Drop by 10k April 7th, 2011
• Private Sector Jobs Rise by 230k in March April 1st, 2011
• Housing Will Recover. But When? March 28th, 2011
• Japan’s Pain & Suffering Will Have Global Consequences March 14th, 2011
• Retails Sales Rise For 8th Consecutive Month In February March 11th, 2011
• Jobless Claims Rise Last Week. Meanwhile, the Oil Risk Looms March 10th, 2011
• Spending and Income Rise in February February 28th, 2011
• Q4 GDP Revised Down as Oil Threat Bubbles February 25th, 2011
• Inflation Expectations and Rising Oil Prices February 23rd, 2011
• The Double-Edged Sword of ‘Investing’ in Volatility February 9th, 2011
• Did Snow Freeze Job Growth Last Month? February 4th, 2011
• U.S. Economy Grows 3.2% in Q4:2010 January 28th, 2011
• Inflation: Can It Happen Here? January 27th, 2011
• Jobless Claims Fall to 404,000 January 20th, 2011
• Jobless Claims Surge January 13th, 2011
• Jobs & Inflation: The Critical Variables in the Fed’s Exit Strategy December 28th, 2010
• The Slow Decline in Jobless Claims December 16th, 2010
• Out with the Old, In with the New (Year-End Predictions) December 13th, 2010
• Jobless Claims Continue to Trend Lower, But with a New Caveat December 10th, 2010
• Will Democrats Derail the Tax Cut Extension December 9th, 2010
• A Decade of Gains and Losses. So What Else Is New? December 6th, 2010
• November Payrolls Edge Higher, But So Does Unemployment December 3rd, 2010
• Jobless Claims Rise, But the Trend Still Looks Encouraging December 2nd, 2010
• Pondering the Next Phase of the Debt Crisis November 29th, 2010
• Q3 GDP Revised Up to a 2.5% Pace November 23rd, 2010
• The Gold Standard Is No Silver Bullet November 15th, 2010
• Currencies and the Business Cycle November 8th, 2010
• The Morning After in Washington: You Want It? You Got It November 3rd, 2010
• Personal Income Slips, Spending Rises for September November 1st, 2010
• Econ Bloggers Are Gloomy October 26th, 2010
• QE2 and History October 22nd, 2010
• Up & Down with Housing Starts & Permits in September October 19th, 2010
• The Pace of Consumer Price Inflation Is Still Slipping October 15th, 2010
• A Change of Strategy for Bernanke & Co? Maybe, but Not Yet September 22nd, 2010
• Jobless Claims: Better but Still High August 26th, 2010
• Still Wondering, Worrying & Debating About Deflation August 4th, 2010
• Retail Sales Drop in May June 11th, 2010
• Jobless Claims Continue to Move Sideways June 10th, 2010
• The Dollar Is Up, and So Is Gold, a Warning Sign? May 13th, 2010
• Jobless Claims Dip Again. Will Tomorrow’s Labor Market Update Confirm the Trend? May 6th, 2010
• Jobless Claims Fall, but the Threat of Going Nowhere Fast Still Looms April 22nd, 2010
• Debating the Dating of the Business Cycle April 13th, 2010
• The Focus Turns to Bonds, Interest Rates and Inflation April 5th, 2010
• It’s about the Money…Really January 26th, 2010
• The Election of Scott Brown January 20th, 2010
• It’s All about Jobs…and Interest Rates January 11th, 2010
• The Price Tag for Damage Control January 6th, 2010
• Are the Easy Gains Behind Us? January 4th, 2010
• Will a New Year Bring New Jobs? December 28th, 2009
• The Asset Allocation Challenge Springs Eternal December 22nd, 2009
• The Final Days of the Great Liquidity? December 16th, 2009
• Historical Rhymes November 30th, 2009
• Inflation Expectations Continue to Inch Higher November 11th, 2009
• The Return of Mixed Results November 4th, 2009
• A Little Context Goes a Long Way October 25th, 2009
• One Way Out October 12th, 2009
• Looking Back: From Peak to Present September 11th, 2009
• Experimenting with Negative Interest Rates August 31st, 2009
• The Power & Peril of Recent History August 24th, 2009
• Is The “Real” Yield on the Nominal 10-Year Real? August 17th, 2009
• Asset Allocation: Still Relevant after all These Years August 11th, 2009
• More Good News/Bad News August 5th, 2009
• Appearances can be Deceiving July 27th, 2009
• A Hint of Things to Come? July 15th, 2009
• The Week Ahead in the Dismal Science… July 13th, 2009
• Pondering U.S. Equity Allocation & the Broad Portfolio Mix July 7th, 2009
• Value Judgments June 29th, 2009
• THE GREAT EXPERIMENT BEARS FRUIT…SO FAR June 26th, 2009
• GOOD NEWS…AND SOME OTHER STUFF June 22nd, 2009
• SOME CALL IT PROGRESS June 19th, 2009
• A BULL MARKET IN FALSE DAWNS? June 17th, 2009
• ANTICIPATING THE END, STILL WORRYING ABOUT THE BEGINNING June 12th, 2009
• ANOTHER CYCLICAL CLUE May 22nd, 2009
• ALAN BLINDER’S HALF RIGHT May 20th, 2009
• BETWIXT AND BETWEEN May 15th, 2009
• STILL HOPING… May 11th, 2009
• Painful Reckonings December 16th, 2008
• Facing Reality November 18th, 2008
• More Labor Pains November 16th, 2008
• Don’t Even Think About It November 13th, 2008
• The Wonderful (and sometimes confusing) World Of Dividend Yields November 11th, 2008
• Spreading Skyward October 22nd, 2008
• Can Volatility History Teach us Anything? October 21st, 2008
• The Big Fade on Spending Rolls on October 17th, 2008
• Mr. Market & Economic Cycles: Imperfect Together October 15th, 2008
• Correlation Update October 15th, 2008
• Fear and Value: Together Again October 10th, 2008
• Short-Term Troubles October 7th, 2008
• September: The Cruelest Month So Far October 2nd, 2008
• Speculating on the Future October 1st, 2008
• Another Bailout is Coming, But the Economy’s Still Hurting September 29th, 2008
• The Allure (and Risk) of Silver Linings September 25th, 2008
• A Desperate Struggle for Perspective…Again September 24th, 2008
• Wall Street, R.I.P. Now What? September 23rd, 2008
• Nivana For Nibbling September 16th, 2008
• Labor Pains September 6th, 2008
• Inflation debates September 1st, 2008
• Retail worries August 27th, 2008
• Is dollar-based salvation coming? August 24th, 2008
• The peak theory for inflation August 21st, 2008
• Price stability is a terrible thing to waste August 20th, 2008
• Ranting About Risk (Again) August 19th, 2008
• A turning point for core? August 14th, 2008
• Pondering “Real” Yields August 7th, 2008
• The Good, the Bad & the Ugly August 3rd, 2008
• Market Cycles, Myths and “Free” Lunches July 31st, 2008
• Price Troubles Once More, But Still Hoping for a Break July 26th, 2008
• The Power of Risk (Management) July 23rd, 2008
• Was That a Bottom? Should We Even Care? July 22nd, 2008