The mainstream media today reported an increase in initial jobless claims this week to 380,000, an increase of 13,000. This was another huge miss for…
As was typical of this morning’s reporting on the Commerce Department’s advance retail sales release for February, Marketwatch (Dow Jones) reported that the 1.1% gain…
If you make it increasingly costly and risky to open a small enterprise, then no wonder unemployment remains high.
You hear a lot about Kafkaesque stifling bureaucracy in Greece and other struggling European nations, but America’s Status Quo is tr…
Tomorrow is a big day, with the FOMC announcement and the Fed revealing what it wants you to think about what it thinks it’s going…
Those who don’t know me well have sometimes accused me of being a permabear. Those of you who do know me via these reports know…
Time and again you hear pundits say that what the U.S. experienced in the last decade was a terrible boom/bust cycle for the housing and credit markets. But then, almost in the same breath, they oftentimes say the nation must do whatever it can to g…
Yields on short-term peripheral sovereign bonds are plunging, despite the fact that EU leaders appeared to make little progress at their highly-anticipated summit last week.
Pundits continue to expound on the flaws of the eurozone but markets are tel…
Inequality is back in the news, largely thanks to Occupy Wall Street, but with an assist from the Congressional Budget Office. And you know what that means: It’s time to roll out the obfuscators!
Anyone who has tracked this issue over tim…
Slowly, over the last year, it’s begun to dawn on us: The economic recovery isn’t really making a dent in unemployment. The public knew this much earlier than economists or pundits did, and as for politic…
We hear the cries each day, “the movement is growing”, “this is unstoppable” etc… Some pundits and participants within the OWS movement have even called for the average American to take their money out of big banks and move them to either …
