Economists touted today’s manufactured goods gains as the linchpin of the economic recovery. Considering that manufacturing accounts for only 11% of the US economy, and…
This week’s bill auctions have had blow out results so far. Part of that strength appears to have come at the expense of the 2…
Draconian state and local government budget cuts have been in the news lately. Here’s a thought. We could save a lot of money by conducting…
The insurance lobbies and medical service industry propagandists love to report the horror stories about wait lists in nations with universal coverage. It’s true they…
When it comes to the US medical services system, any change at all is better than the status quo. Anything that hastens the total collapse…
It’s odd the way the players pay attention to some numbers and not others. There’s no reason why the market should have been surprised by…
Please don’t take this prediction too seriously but I think the “Phrase of the Year” will be something like– “… is struggling to hedge its exposure” and hence the “Word of the Year” will be some…
by Jimi Total eurodebacle is in the offing. It’s going to get very hot in Athens before long. What struck me about the reporting on…
“Fewer Americans than anticipated filed claims for unemployment insurance last week as an administrative backlog subsided and indicating companies are nearing the end of major…
The World is partying like it is 2007 all over again. The reasons are two: the crazy money printed by Helicopter Ben and the moral hazard produced by the universal bailout of everything, everywhere. I still see the traces of sanity in the US consumer…