Professor Mark J. Perry's Blog for Economics and Finance
Journal of Commerce -- "Container volume at West Coast ports increased 15 percent in the first six months of 2010 compared to the same period in 2009, according to the Pacific Maritime Association. The tally reflects all loaded containers, both inbound and outbound. Containerized imports on the West Coast increased 17 percent while exports were up 11 percent."
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
1 Comments:
The first six months of 2010---it is a lagging indicator. We are in August already.
Sure, we had the first inning of an economic recovery---but we ain't putting any runners on base in the second inning.
How are we going to score any touchdowns if we can't even get to first base? A three-point shot isn't even possible. Does the word "bogey" mean anything to you?
We need to bat some goals.
The Fed is fighting inflation, while most business are fighting weak sales, and most of the real-estate industry is looking for serious help form the bullpen.
Is there a quaterback out there who can take the mound at the Fed and do the hat trick?
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