financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Move Along, Nothing To See

April 23rd, 2007 by reality

The Liscio Report is an economic newsletter whose primary value is the collection of state tax data, sales and withholding, which it uses to provide indexes that are well correlated with economic growth. Some recent quotes:

“Serious Deterioration in Sales-Tax Receipts.”

“The meager growth, or lack thereof, in sales-tax collections is currently running at recessionary levels.”

“The ratios of (a) stock value to GDP and (b) real-estate value to GDP are both nearly twice their averages from 1952 to 1970.”

Posted in Economics, The Economy |

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