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…
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…