Economic agenda: Friday, Oct. 8, 2010
Throughout the day -- The IMF and World Bank hold their annual fall meetings
At 8:30 a.m -- The Labor Department releases unemployment numbers for September.
At 10:00 -- Wholesale inventories for August released.
At 1:25: Federal Reserve Governor Daniel Tarullo speaks on financial regulation
By
Ariana Eunjung Cha
| October 8, 2010; 6:29 AM ET
Categories:
*Economic agenda
Save & Share:
Previous: IMF official moonlights as author of 'financial terror' thriller
Next: Morning briefing: UAE BlackBerry ban averted
The new employment and economic numbers have many economists warning of double dip which others absolutely dismiss. There is positive talk of deflation worries decreasing.
My biggest fear is the slightly less than 17+% per year average increases in food and fuel for the last five years on America's lower middle and lower income classes. When this gets too high as it did in 2oo8 we have problems. Our government has seen fit to remove food and fuel from the most viewed inflation indicators, I can understand why.
The real bad news is that approximately two thirds of the world's population fits the economic classes above. When they quit buying hard goods, services and paying bills to pay for their fuel and food as we witnessed in 2008 the markets have a global problem.
Posted by: Anonymous | October 8, 2010 9:25 AM | Report abuse
We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.
User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.