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	<title>David&#039;s Macro Blog &#187; business cycles</title>
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	<link>http://www.davidoverfield.com</link>
	<description>Analysis and commentary on business, economics, real estate, financial markets, and other fun topics</description>
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		<title>Economic Recovery&#8230; Really?</title>
		<link>http://www.davidoverfield.com/498/economic-recovery-really/</link>
		<comments>http://www.davidoverfield.com/498/economic-recovery-really/#comments</comments>
		<pubDate>Fri, 20 Aug 2010 22:00:21 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[bubble economy]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[Caroline Baum]]></category>
		<category><![CDATA[double dip recession]]></category>
		<category><![CDATA[economic cycle]]></category>
		<category><![CDATA[economic recovery]]></category>
		<category><![CDATA[financial collapse 2008]]></category>
		<category><![CDATA[stimulus]]></category>

		<guid isPermaLink="false">http://www.davidoverfield.com/?p=498</guid>
		<description><![CDATA[The belief in a recovery from the global economic collapse in 2008 has gained strength as the unemployment rate has leveled off, the stock market has recovered about 70% and real estate prices have stopped falling. However, do we really have an organically growing economy or something else? A great description of our recent economic [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is Economic Stability a Myth?</title>
		<link>http://www.davidoverfield.com/371/is-economic-stability-a-myth/</link>
		<comments>http://www.davidoverfield.com/371/is-economic-stability-a-myth/#comments</comments>
		<pubDate>Tue, 26 Jan 2010 09:34:47 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Business and Finance]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Barry Ritholtz]]></category>
		<category><![CDATA[boom and bust]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[market cycles]]></category>

		<guid isPermaLink="false">http://www.davidoverfield.com/?p=371</guid>
		<description><![CDATA[Can good economic times last forever? Is it impossible to have &#8220;stable&#8221; economic growth? This is the argument presented in Barry Ritholtz&#8217;s post: Galbraith: Financial Stability Creates Instability Here are the essential points of the article. When the economy is good for a long time, people then think the good times will continue indefinitely so [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What Bubble Are We in Now?</title>
		<link>http://www.davidoverfield.com/256/what-bubble-are-we-in-now/</link>
		<comments>http://www.davidoverfield.com/256/what-bubble-are-we-in-now/#comments</comments>
		<pubDate>Sun, 15 Nov 2009 22:51:39 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[boom and bust]]></category>
		<category><![CDATA[bubble economy]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[cycles]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[economic cycle]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[real estate bubble]]></category>

		<guid isPermaLink="false">http://www.davidoverfield.com/?p=256</guid>
		<description><![CDATA[Classical economics teaches that an economy, if properly managed, will remain in a state of equilibrium. This is because economists assume a perfect market place with rational actors who maximize their returns through their uniform access to all information. As we know, the REAL world is much different from economic equations. Instead, the real world [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Growth Engines for the &#8220;Great Recession&#8221;?</title>
		<link>http://www.davidoverfield.com/141/growth-engines-for-the-great-recession/</link>
		<comments>http://www.davidoverfield.com/141/growth-engines-for-the-great-recession/#comments</comments>
		<pubDate>Thu, 17 Sep 2009 05:30:05 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[boom and bust]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[Calculated Risk]]></category>
		<category><![CDATA[financial crisis 2008]]></category>
		<category><![CDATA[personal consumption expenditures]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[residential real estate]]></category>

		<guid isPermaLink="false">http://www.davidoverfield.com/?p=141</guid>
		<description><![CDATA[Historically we often think of a recession as a sharp drop in economic output followed by a sharp rise. This is called the &#8220;V-shaped&#8221; recovery. The current &#8220;Great Recession&#8221; had a sharp downturn but so far no recovery after 18 months, and most talk is of an &#8220;L-shaped&#8221; or &#8220;U-shaped&#8221; rebound. Why is this? There&#8217;s [...]]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Business vs. Finance&#8230;What&#8217;s the difference?</title>
		<link>http://www.davidoverfield.com/13/business-vs-finance-whats-the-difference/</link>
		<comments>http://www.davidoverfield.com/13/business-vs-finance-whats-the-difference/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 22:17:00 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Business and Finance]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[business vs. finance]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[financial instruments]]></category>
		<category><![CDATA[fundamentals]]></category>
		<category><![CDATA[NY Times]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[I read a very good NY Times article &#8220;We Try Harder (but What&#8217;s the Point?)&#8221; about the difference between business and finance. The current economic crisis is a financial problem brought on by poorly conceived financial instruments. The underlying businesses of the economy are reasonably sound businesses except in categories such as banking (banks), finance [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Business Cycle Temporal Order</title>
		<link>http://www.davidoverfield.com/14/business-cycle-temporal-order/</link>
		<comments>http://www.davidoverfield.com/14/business-cycle-temporal-order/#comments</comments>
		<pubDate>Thu, 12 Mar 2009 22:09:00 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Business and Finance]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[economic cycle]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Here&#8217;s a good article with a very good description of the predictable economic cycle: http://www.calculatedriskblog.com/2009/03/business-cycle-temporal-order.html &#8220;The temporal ordering of the spending weakness is: residential investment, consumer durables, consumer nondurables and consumer services before the recession, and then, once the recession officially commences, business spending on the short-lived assets, equipment and software, and, last, business spending [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>David&#8217;s Favorites</title>
		<link>http://www.davidoverfield.com/18/davids-favorites/</link>
		<comments>http://www.davidoverfield.com/18/davids-favorites/#comments</comments>
		<pubDate>Thu, 01 Jan 2009 20:11:00 +0000</pubDate>
		<dc:creator>David Overfield</dc:creator>
				<category><![CDATA[Business and Finance]]></category>
		<category><![CDATA[Fun]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[boom and bust]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[business vs. finance]]></category>
		<category><![CDATA[dance videos]]></category>
		<category><![CDATA[economic cycle]]></category>
		<category><![CDATA[Jim Klinge]]></category>
		<category><![CDATA[John T Reed]]></category>
		<category><![CDATA[real estate bubble]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Business/Financial/Economic Topics: Calculated Risk Blog MISH&#8217;s Global Economic Trend Analysis Reggie Middleton&#8217;s Boom Bust Blog Barry Ritholtz&#8217;s The Big Picture Blog Nouriel Roubini&#8217;s Global EconoMonitor Fabius Maximus Robert Kiyosaki&#8217;s articles on Yahoo Finance Real Estate Markets and Investing/Management: Guide to North San Diego County Real Estate by Jim Klinge &#8211; bubbleinfo.com John T. Reed&#8217;s Web [...]]]></description>
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		<slash:comments>0</slash:comments>
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