3Vote!
Mortgage News Clips (Free subscription) | yesterday
... and 47% pay zero federal taxes. … – Plan B Economics ———— Too many people pay no income tax - Scott Grannis – … Nuni, a very good friend of mine, made a similar comment to me this morning: If we talk about the unfairness of those making a lot of money and not sharing enough with those who don’t make a lot of money, how about the unfairness of those who don’t pay any taxes asking to...
+Vote!
CARPE DIEM (Free subscription) | 12/04/2009
... and at the end of each of the last five recessions. See a very similar analysis here from Scott Grannis , who alternatively calculates jobless claims as a percent of payrolls with the exact same graphical pattern presented here using jobless claims as a percent of the labor force (slightly different denominator, but same numerator, and same story).
+Vote!
iStockAnalyst.com (Free subscription) | 12/03/2009
Scott Grannis aka the "Calafia Beach Pundit" has a chart in his blog showing that despite historical highs for gold, they are still currently below the 1980 peak in real terms (see chart below). However, he still cautions us from being uber-bullish on gold given it is a very crowded trade: [More...]
+Vote!
CARPE DIEM (Free subscription) | 12/02/2009
Scott Grannis at the always excellent Calafia Beach Pundit blog produced the graph above on Corporate Layoffs, and comments: I've been showing this chart since early this year, saying that it was a good indicator of improvement in the economy. Corporate layoff announcements (which are presumably a fairly accurate gauge of distress in the large corporate sector of the economy) are now...