John Lounsbury

John Lounsbury

Unofficial Problem Bank List Reaches 844

John Lounsbury submits:Calculated Risk maintains an unofficial problem bank list compiled from publicly available records. The latest list contains 844 names with a total of $412 billion in assets.

Employment Continues Gradual Improvement

John Lounsbury submits:In case you haven't seen it elsewhere (it is one of the most popular graphs on the financial nodes on the internet), here is Calculated Risk's employment tracking chart updated with Friday's new data.

Small Businesses Are Not Optimistic: Is Health Care Cost the Reason?

John Lounsbury submits:One of the things that talking heads keep repeating is that increased health care costs are one of the reasons causing employers to avoid adding new hires. This is reported to be especially important for smaller companies.It certainly is true that small business is seeing much less indication of recovery. The NFIB (National Federation of Independent Business) survey is much more pessimistic than the ISM (Institute for Supply Management) as shown in the following graph:

Decline: We Are Doing It to Ourselves

John Lounsbury submits:Where have all the flowers gone?Long time passingWhere have all the flowers gone?Long time agoWhere have all the flowers gone?Girls have picked them every oneWhen will they ever learn?When will they ever learn? -- Pete Seeger

Correlation of the 10-Year Treasury Yield with the Nikkei

John Lounsbury submits:David Rosenberg, chief economist for Gluskin Sheff (Toronto), had an interesting graph the other day showing how well the yield of the U.S.

More Treasury Meeting Views

John Lounsbury submits:There were actually two informal meetings for bloggers at the Treasury Department last week. The one I attended on Monday (reported here and here) and another on Wednesday.

What Does the Philly Fed Contraction Signal Really Mean?

John Lounsbury submits:David Rosenberg, chief economist for Toronto's Gluskin Sheff, has a graph showing the history of the Philly Fed Business Outlook Survey. I have added annotations below (click to enlarge image):

Does History Repeat, Rhyme or Just Have Coincidences?

John Lounsbury submits:This week the following graph from Chartoftheday.com has been annotated by the author to highlight similarities of the current era for stocks to a corporate earnings pattern traced out nearly a century ago.Annotation by John B. Lounsbury August 20, 2010

Further Thoughts on My Treasury Meeting

John Lounsbury submits:In a previous article reviewing my attendance at a small discussion group meeting with Treasury Secretary Geithner and other senior Treasury Officials, I left out one very important topic that was covered. I also failed to effectively summarize my overall impressions. First, let’s cover the omitted topic.Housing

 
S&P 500: 1091.84 0% |FTSE: 5369.69 -0.71% |Nikk.: 9024.6 -2.23% |DAX: 6079.22 -0.64% |HSI: 21088.859 -1.48% |
FX: EUR/GBP: 1.2155 | USD/EUR: 1.271 | JPY/USD: 83.865 | Commodities: Gold: 1259.76 | Crude - CLH09.NYM: 0.00 |