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November 2009



Edmunds' analysis of the C.A.R.S. program is the real Clunker aka don't believe everything that you read

November 02, 2009 – Comments (5)

I'm one of the biggest bashers of government spending there is and I know that Uncle Sam is one huge, inefficient beast.  As a taxpayer I was offended by the government's recent Cash for Clunkers program (I'd be lying if I said that the part of me that works in the industry didn't like the program after seeing billions of dollars wasted on the financial sector).    [more]



A look at just how overstated Q3 GDP was / CIT was easy points

November 02, 2009 – Comments (9) | RELATED TICKERS: CIT

MacroMavens recently published an excellent analysis of the +3.5% Q3 U.S. GDP number that Mr. Market was so pleasantly surprised by.  After taking a closer look at the details, it things aren't quite as rosy as the number indicates.  [more]

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