Good news. The economy still stinks. In today’s economy, which is driven by The Federal Reserve Board’s quantitative easing (QE) program, bad news is good news and good news is…
Europe – The Weakest Link
With the election, sequestration showdown and other pressing domestic news, we’ve hardly had time to think about Europe. Yet the continent is as troubled as ever and is crying out…
The Incredible Shrinking Economy
Only in today’s America would a shrinking economy cause the stock market to rise. The federal government reported this week that the U.S. economy contracted by -0.1% in the last…
News You May Have Missed
With the election season in full swing, dominating the airwaves, Internet and print media, you may have missed some of the other news from the past week. Here are a…
U.S. vs. China
As China has emerged as a world power, it has increasingly been a case of Us (as in U.S.) vs. Them. Not in military combat, fortunately, but in day-to-day trade…
Is Everybody Happy?
Forget about growth in GDP, the unemployment rate, inflation, stock prices and all things relevant to money. Federal reserve Chairman Ben Bernanke suggested this week that happiness should be used…
GDP Doesn’t Stand For Great DePression
Measuring growth in Gross Domestic Product (GDP) is like taking the economy’s temperature. The annualized growth rate of 1.5% at the end of the second quarter – which is a…
An Anorexic Recovery
If we could put the recovery of the past few years on a scale, it would be the thinnest in history. Recently, though, it has become downright anorexic. Goldman Sachs…