That is probably because the latest news from the real economy has been surprisingly good.
None of this would matter if the stock markets were in a hermetically sealed box, labelled speculation, insulated from the real economy.
There have been mixed signals from the real economy in recent weeks, but few in the City are now predicting a dramatic downward lurch.
Clearly, investors aren't taking their cues from the real economy, at least in the UK. Nor do they seem to paying much attention to governments.
The financial sector is thus still largely disconnected from financing the real economy of producing goods and services for real live customers.
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Meanwhile, it has talked a cautious game: no firm promise that any interest rate will be cut, but the odd hint that all the options are open in monetary policy, especially when it comes to protecting the real economy from the turbulence on the markets.
Unfortunately, over the past three years or so, TAG has morphed from a program to keep the real economy going, to one whose only purpose is to offset the impact of Federal Reserve errors.
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It seems safe to say the support the economy has been getting from the real estate sector has gone away for at least a few months.
The boom went bust in 2008, and banks incurred huge debts from bad real estate loans while the economy slowed, the jobless rate increased, and consumer spending stalled.
And he warns that Funding for Lending is still a long way from providing real help to the economy.
There was a little help for the real economy from the European Central Bank on Thursday, and more than expected to help ease the credit crunch facing Europe's banks.
As the book winds to a close, Johnson gets at his real passion: banishing stupidity from the political economy and increasing the level of rational debate.
According to Volcker, the rationale for limiting the size of institutions arises from the vital capital intermediation and payment system functions they provide for the real economy.
Under this plan, the economy would surge from the real stimulus of added investment and jobs.
In the case of the U.S. economy now, the double-whammy of wealth shocks from the real-estate bubble and the stock-market crash has made consumers understandably cautious.
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The real risk for the global economy is not the magnitude of the economic loss resulting from the Japanese disaster easily manageable on its own but the timing of the horrible event.
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Commercial real estate demand is derived from activity in the overall economy.
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But when it comes to the economy, the real bruising comes from the point where the intense and violent strike season started, namely the mines.
Such omissions are understandable given the time constraints, but it renders the movie less powerful as a tool to point out the folly of the real world political encroachments preventing our economy from recovering from its recent debacle.
Interviewed by Eddie Mair on The Andrew Marr Show, Johnson said the UK economy benefited from the influx of "skilled workers around the world" but this led to a "real indignation" among UK workers.
Still, the continuing face-lift and construction boom hasn't insulated Guangzhou's economy and commercial real-estate market from the global economic slowdown, which is battering the manufacturing sector in the province of Guangdong in southern China where Guangzhou is located.
From 1930 to 2010, the U.S. economy grew at a real average annual rate of 3.5%.
With wage income up almost 3% in real terms, spending will remain firm and the economy will rebound from its third-quarter lull.
But it can't compel those southern European banks, many of which are chronically lacking in confidence, to provide additional loans into the real economy to compensate for the sucking out of credit by banks from northern Europe.
He says that if fees for wealthy buyers rise any higher, "it will put off international purchasers" and drive them to cities like New York that have just as much global cachet, an economy that has recovered faster from the downturn and lower fees for buying real estate.
That tendency can be clearly seen in forecasts of growth in real output by comparing the errors made from 1979 to 1983 when the economy went through a very turbulent recessionary period with the smaller errors recorded during the years from 1985 to 1987, when the economy was in the middle of a cyclic expansion.
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The American economy has gotten a tremendous boost in recent years from the super-hot real estate market.
We cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy.
"We cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy, " he said.
Most of his address followed the usual lines, explaining that the economy was improving but that weak job growth and the overhang stemming from housing and real estate markets would continue to be a drag on the recovery.
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