All the other Government BS aside, the real unemployment rate, known as the U-6, which is the one that includes discouraged workers and those underemployed…
By Heritage Ray FDIC leases almost 151,000 square feet in Schaumburg (Now here’s a growth business) The Federal Deposit Insurance Corp. has signed a short-term…
The spectacular rebound in oil prices in 2009 could be attributed to two major factors: fears of currency debasement that lead to excess hoarding and speculation; and discipline of well-oiled Opec members to cut production. You already know from many p…
Last year I was not making making predictions for 2009, mostly because my call for 2008 was ridiculously correct and I had nothing more to say. But this year will be different and I’ll try to make some predictions. The most important point to…
The following is an excerpt from the Professional Edition Fed Report of December 23. It was also made available to Wall Street Examiner Economic Bulletins,…
The big financial question that every econo-blogger must be aware of is: how come that the proportion in profits in the economy as the whole that the financial industry was taking was constantly increasing all the past few decades and yet this same fin…
The Wall Street media was in a frenzy over the “better than expected” news on retailing from the Commerce Department on Friday. It’s all a…
As almost all WSE authors posted their view on reverse REPO announcement, I think I have to post my take as well. Yes, in general I think it is a warning to some of the most leveraged carry-trade players. But my view is a small refinement in the same d…
As the internet is full of comments on the default of Dubai World corporation and the S&P futures are down by 22 points, I assume that you all already know what happened, so I’ll jump directly to the conclusions. Calling this post “The …