Crystal Balls, Ouija Boards, and Basu? What's the 2011 Maryland Economic Prediction?

by Anirban Basu 27. January 2011
Equity Markets and Economy Have Turned for the Better Why Economic Activity may not Accelerate as Dramatically as Expected this Year A combination of ongoing stimulus and recent economic momentum has induced many economists to ratchet up their 2011 forecasts and there are plenty of reasons to be optimistic.  Consumer spending has been rising, with retail and food services sales up 7.7 percent between November 2009 and November 2010.  Auto sales have also been edging higher, including a... [More]

Recovery Revs Up

by Anirban Basu 13. April 2010
Economy Expanding as Predicted, but Will the Run Last? The nation has strung together two consecutive quarters of growth with 2009:Q4 annualized growth registering 5.6 percent (third estimate).  Employment is now expanding and the unemployment rate has been declining in recent months.  A close inspection of fourth quarter GDP reveals a promising shift away from pure dependence upon government spending to a broadening economic expansion.  Of central importance is the ongoing reboun... [More]

Things are Better, but You’re Still Nervous

by Anirban Basu 14. January 2010
So are we... Here’s the good news – 2009 is over. Here’s some more good news – 2010 will be better for the economy. Here’s the bad news – 2011 might not be and that implies that 2010 could be a volatile year for stock prices, which appear to lead the economy by six months or so. Bottom line: you should be prepared for a roller coaster ride this year as investors experience mood swings in the face of rapidly shifting economic forecasts and a world replete with geo-political uncertainty. One m... [More]


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