I have annotated the press release’s key comments including the bold highlighting of certain sections. Press Release- Federal Reserve Bank of St. Louis ST. LOUIS…
89.3 KPCCCalifornia unemployment rate dips to 10.9%; state loses 4200 jobsLos Angeles TimesBy Ricardo Lopez California employers trimmed their April payrolls by 4200 jobs last month, snapping a string of eight straight months of employment growth. The …
Over the past week you have heard, read, and seen all kinds of noise about the government’s employment report. I even supplied some of that…
Instead of just swallowing Ministry of Propaganda swill, let’s examine actual data. If we do that, we find job growth is mostly smoke and mirrors.
The Ministry of Propaganda and its media minions are announcing that “job growth is on a tear” and…
The Mysterious Case of Recession Risk
By James Picerno Dec 19, 2011, 10:48 AM Author’s Website
Will the threat come from within or without? Or are we set to be a two-time lower? Perhaps the more pressing question is whether it’ll come at all?
T…
The mainstream financial media is widely misreporting the NAR’s Pending Home Sales data this morning, simply parroting the NAR’s seasonally manipulated data. As it turns…
Jobs barely rise, dashing hopes of economic revival
On Friday July 8, 2011, 8:34 am
By Lucia Mutikani
WASHINGTON (Reuters) – U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dampening…
The market was disappointed with Friday’s employment data. But actual total employment, as opposed to the widely reported seasonally adjusted numbers, was nowhere near the…
A clear and direct relationship has existed between employment and house prices in the US over the past 9 years. In order for housing prices…
The quote which begins Hussman’s commentary is, in my view, the absolute, undeniable truth about bad banks….
House on Ice
John P. Hussman, Ph.D.
“If you have bad banks then you very urgently want to clean up your banks because bad banks go o…
