Special NYT Edition

Monday, December 05, 2005 | 09:57 AM

For anyone interested in the economy, geopolitics, markets, investing, etc., today's New York Times is one of the more interesting editions they have put out in I-don't-know-how-long.

The most interesting article is here: "What's Ahead: Blue Skies, or More Forecasts of Them?;" it discusses why economist's optimistic projections are often off the mark. In case you hadn't noticed, most economists do a poor job predicting slow downs or recessions.

The best graphic in the paper is a fabulous full pager titled Richer Than Ever, but Watch out for Missing Costs, by Dylan Loeb McClain. It reveals such pleasantries as a) Persistent Inequality, b) a 49% increase in Real Estate Assets and the 57% increase in mortgage obligations, and c) the signficant increases in corporate profits.

Have a look at the rest of the hit parade:

What's Ahead: Blue Skies, or More Forecasts of Them?
http://www.nytimes.com/2005/12/05/business/05econ.html

In Today's India, Status Comes With Four Wheels
http://www.nytimes.com/2005/12/05/international/asia/05highway.html

With Oil Prices Off Their Peak, Are Supplies Assured?
http://www.nytimes.com/2005/12/05/business/05oil.html

Wow! I'm at Greenspan's Desk
http://www.nytimes.com/2005/12/05/business/05fed.html

When Even Supply-Siders Say Taxes Must Rise, an Unpopular Policy Looks Inevitable
http://www.nytimes.com/2005/12/05/business/05tax.html

Indicators From Everyday Life
http://www.nytimes.com/imagepages/2005/12/04/business/20051205_INDICATOR_GRAPHIC.html

Watch This Leading Indicator
http://www.nytimes.com/imagepages/2005/12/04/business/20051205_INDICATOR_2_GRAPHIC.html

I'll be sure to follow up on these in the coming days . . .

Monday, December 05, 2005 | 09:57 AM | Permalink | Comments (3) | TrackBack (0)
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Your "What's Ahead: Blue Skies..." links point to the article "With Oil Prices Off Their Peak, Are Supplies Assured?". However, the text version of the link (http://www.nytimes.com/2005/12/05/business/05econ.html) is correct.

Posted by: Steven Engelhardt | Dec 5, 2005 3:10:13 PM

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