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Radio commentary, November 20, 2008
Audio: November 20, 2008 Bad news coming from both the financial sphere and the real economy. Treasury Secretary Henry “Hank” Paulson’s decision, announced last week, to abandon the purchase of bad...
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Radio commentary, November 27, 2008
Audio: November 27, 2008 The housing market lingers in its doldrums. On Monday, the National Association of Realtors reported that sales of existing houses fell by 3% in October. Actually that’s not...
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Radio commentary, December 11, 2008
Audio: December 11, 2008 Economic news continues to look very ugly (even uglier, since I think my car was stolen). This morning, just before I got ensnared in the case of the missing 1989 Buick, the...
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Radio commentary, January 22, 2009
In economic news, more bad stuff. On Thursday morning, we learned that housing starts fell by over 15% in December (and these numbers are seasonally adjusted, so don’t blame it on snow) to an all-time...
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Radio commentary, Febuary 21, 2009
[WBAI is still fundraising, so this ran on KPFA only.] Earlier this week, we learned that builders started construction on just 466,000 housing units in January (at a seasonally adjusted annual rate),...
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Radio commentary, March 26, 2009
Housing market stabilizing? In the economic news, more signs of the stabilization I’ve been talking about for the last few weeks, especially in the housing market, following last week’s pickup in...
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Radio commentary, April 16, 2009
Green shoots…shot? Some trouble lately for the “green shoots of recovery” thesis. Early in the week, we learned that retail sales fell by an unexpectedly large 1.1% in March, or 0.9% if you leave out...
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