2/8/2013: June's Great Recession Update

The usual monthly chart from Calculated Risk (h/t for the reminder to check to @businessinsider )... US Great Recession in comparison:

Source: http://www.calculatedriskblog.com/2013/07/june-employment-report-195000-jobs-76.html

Continue to be scared... cause we've been scared for the last 65 months... And a reminder from my previous re-posts of this chart: notice how frighteningly longer are the durations of employment recoveries in recent recessions since 1981.

And while we are on this, here's a good discussion of completely unrealistic US expectations for fiscal recovery: http://www.bloomberg.com/news/2013-08-01/why-the-cbo-s-deficit-forecasts-are-too-optimistic.html via @BloombergView

3/3/2013: Global Economic Outlook - economists' consensus

BlackRock Investment Institute published a summary of the views of over 430 economists from more than 200 institutions, spanning over 50 countries that form the BlackRock Investment Institute's Economic Cycle Survey Panel. It is worth stressing that:
1) These are not the views of the Institute, but the views of the Panel, and
2) Since the Panel is still in the process of built up, some countries have 'thin' coverage - with small number of respondents specialising in the specific country analysis.

The aggregate view from the most recent round of surveys is presented below (due to size limitations, it is probably best to view this as a separate image, so double click on the image below):