The Weekend Read: Blue Collar Blues
For much of 2010, the slumping economy was affecting white-collar, highly educated workers almost as much as it was affecting less educated and blue-collar workers. That’s no longer the case. In recent...
View ArticleThe Weekend Read: It’s Moving Day for the Administration
No President since Franklin Roosevelt has won re-election with unemployment higher than 7.2%, and Obama’s own economists in February predicted 8.6% unemployment in 2012. That number may yet be revised...
View ArticleThe Weekend Read: U.S. Open – Boehner v. Obama
Golf Digest estimates Mr. Obama’s handicap — perhaps generously, in the view of some golfers — at 17, meaning, theoretically, that the president would typically play 18 holes in the high 80s to low...
View ArticleThe Weekend Read: Greek Week
Everything depends on computers these days: the energy supply, airplanes, trains. I’m worried that the Net will soon become a war zone, a platform for professional attacks on critical infrastructure. –...
View ArticleThe Weekend Read: Equity Rampopotamus!
There are comments that there are underlying flaws in the ISM number and that GM’s (GM – commentary – Trade Now) sales numbers are inflated by some channel stuffing, but the market continues to act as...
View ArticleThe Weekend Read: Reality Meets Perception
Higher energy and food prices are crowding out consumer demand for other items, and the market consensus is that QE2 has proven to be counter-productive. Unable to concede this, Mr. Bernanke...
View ArticleThe Weekend Read: Death by Debt
“WE HAVE a system of government in which everybody has to give a little bit.” So said Barack Obama at the start of this week. But parse that sentence. Does the president mean that America already has a...
View ArticleThe Weekend Read: Europe Gives Birth to the “Trichet Bond”
As explained in the Financing Offer, investors will be offered four new instruments in addition to the opportunity to participate in a debt buyback program to be established by the Greek government in...
View ArticleTen Plus Great Weekend Reads – March 1
February In Review – Global Macro Monitor U.S. Economy Grew Faster Than Expected at the End of 2018 – Fortune The Global Economy May Have Bottomed Out Already, Goldman Says – Bloomberg S&P500’s...
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