Ray Hendon’s Economics Blog

What are the signs of the recession reaching bottom?  There are a number of indicators that may be of some help.  For the stock market, which usually turns up a quarter or two before the economy follows, the signs are weak, but at least in the right direction:  First, an upturn in the total stock [...]

In a move that sets the American tone for the meeting this weekend in London, President Obama called for coordination of increased stimulus spending by the G-20 members and for increased international cooperation in regulating the world’s financial institutions.  Most agree that a new world order is needed, but there is not agreement as to [...]