The recovery that wasn’t a recovery may have come to an end, as the Bureau of Economic Analysis reported that gross domestic product dropped by 1% during the first quarter…
Household Income Shows Troubling Outcome
Hold off on the victory dance. The 2014 “Economic Report of the President” and many media reports indicate that the U.S. economy has finally recovered. But has it? One measure…
The Fed Goes Long
Few investors today would consider investing in long-term Treasury bonds. The yield curve, which measures the spread between interest rates for short-term and long-term bonds, is not as flat as…
Good Market Rigging vs. Bad Market Rigging
“The markets are rigged. … These firms make their money by front-running trades. They’re using their speed advantage to buy shares first and then selling them back at a higher…
Translating Fedspeak
While the week’s biggest news has taken place in Russia, Ukraine and China, it’s the news out of the Federal Reserve Board’s Federal Open Market Committee that’s most in need…
We’re All Debtors Now
You’ve probably heard that corporate America is swimming in cash. Something like $4 trillion worth of it. And once corporate America starts spending it, the economy will boom again, jobs…
Economic Stagnation of Olympic Proportions
Russian President Vladimir Putin is a busy man. He’s found time to prop up Syrian dictator Bashar Assad, negotiate a face-saving chemical weapons deal with President Obama and support violence…
Goodbye, Middle Class
With all of the talk in Washington about equality, you have to wonder how the gap between rich and poor has widened to the point where even The New York…
Solving Our Problems By Executive Order
Why didn’t he think of this sooner? President Obama announced during this week’s State of the Union address that he is going to bypass Congress and issue more executive orders…
Some Recovery
The government’s stimulus programs are not working and neither are a growing number of Americans. In October, we noted that the number of Americans not working exceeded 101 million, setting…