Economy
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The University of Michigan/Reuters consumer sentiment numbers almost containly contain too much data. A careful reading of the figures show…
The seers at the World Bank have broken with most other forecasters and believe that global GDP will contract violently…
Retail sales were up .5% in May as expected, but they were up for many of the wrong reasons creating…
The State of California, home to perpetual government turmoil, has warned the world again that it will self-destruct leaving its…
It seems that the “Treasury Budget” is in need of a name change just like the “Trade Balance” has seen. …
President Obama says that he plans to accelerate portions of the stimulus bill in an attempt to add jobs to…
Bill Gross, the chief investment officer of bond management firm Pimco, makes the case in a letter to investors that…
The most significant and measurable failure of the economic stimulus package, the so-called American Recovery and Reinvestment Act of 2009,…
Like the Texas Hold’em player who pushes every last dime into the center of a poker table, the federal government…
This morning came the Q1-2009 revision to the nation’s Gross Domestic Product from the Commerce Department, and the recession is…
It is un-American to pay workers a pauper’s wage, and it is un-American to mandate that a company must pay…
The National Association of Business Economists has just released its prediction for the direction that the economy will take between…
Economists and stock holders were overjoyed by numbers from The Conference Board showing that its confidence index rose to 54.9 in May…
The Conference Board Consumer Confidence Index just saw a sharp increase in May, and the quote will say it all. …
Mohamed El-Erian, chief executive officer of Pimco, says that 8% unemployment is “the new normal.” He bases that, to a…
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