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Correction or More?
The stock market is in the throes of a correction that has lopped 7% off the averages over the last couple of weeks and skittish investors seem to be taking the attitude of sell now, ask questions...
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Disgusted
From the Washington Post: The House ethics committee ruled Friday that seven lawmakers who steered hundreds of millions of dollars in largely no-bid contracts to clients of a lobbying firm had not...
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I’m on vacation this week but just wanted to make sure and comment about the last week’s events. While the big news of the week was obviously the employment report Friday which triggered the big stock...
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The gloom lifted last week long enough for the stock market to stage an impressive 5% sprint higher even in the absence of significant positive economic news. As usual the data was mixed with some good...
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Well, thank goodness the politicians finally managed to find a budget compromise that allows both sides to stockpile talking points for the next election and keep the government operating through the...
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The deal to raise the debt ceiling, agreed to last week, obviously wasn’t enough to calm markets and no wonder. The deal was just more of the same smoke and mirrors we’ve come to expect from the small,...
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Is the Greek debt crisis over? Based on the stock market reaction last week one is tempted to say, yes, finally the Greek problem has been solved. Stocks sold off early in the week when it looked as if...
View ArticleIs The US Already In Recession?
Is the US economy already in a recession? That’s what Lakshman Achuthan of the Economic Cycle Research Institute believes. He made the media rounds last week and his message was a simple one – the US...
View ArticleWeekly Economic & Market Review
Is the Greek debt crisis over? Based on the stock market reaction last week one is tempted to say, yes, finally the Greek problem has been solved. Stocks sold off early in the week when it looked as if...
View ArticleIs The US Already In Recession?
Is the US economy already in a recession? That’s what Lakshman Achuthan of the Economic Cycle Research Institute believes. He made the media rounds last week and his message was a simple one – the US...
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Weekly Market Pulse: A Tale of Two Economies
How odd is this economy? Two economic reports from last week, attempting to measure essentially the same thing, reported results that were so different they could be about two different countries. At...
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