If baby boomers decide to postpone their retirement, it may not solve all of the country’s economic problems, but it will help address most of them. So it’s good news…
Blame It on Sequestration
President Obama and the Federal Aviation Administration blamed recent flight delays on sequestration. Now the Federal Reserve Board’s Open Market Committee is blaming sequestration for the poor performance of the…
Fingers Crossed In Economic Promise
Like most promises made before an election, the promise of an economic recovery is beginning to look like a false promise. Last fall, the housing market was showing signs of…
90,000,000 Americans Have Stopped Working
When the unemployment rate declines, even by a little bit, it should be good news. But when it declines because people are leaving the workforce in record numbers, it’s not.…
Don’t Worry, Be Happy
“In your life expect some trouble But when you worry You make it double Don’t worry, be happy…” …
Flow Reversal
In another reversal of fortune, equity funds reported an outflow of more than $4 billion this week, the largest this year. Commodity funds, meanwhile, saw an outflow of $3.2 billion,…
Another Clunker
It’s like “Cash for Clunkers,” only for consumers. You may remember that brilliant piece of Congressional economic planning, where an effort was made to boost auto sales by creating an…
Follow The Fed At Your Own Risk
If you think Fed Chairman Ben Bernanke has a firm grasp of the economy, you may change your mind after listening to Bain Capital co-founder Coleman Andrews quoting Chairman Bernanke…
Sequestration: The Crisis Du Jour
It’s crisis time again in Washington, D.C. Having just barely avoided a swan dive off the fiscal cliff, the leaders of our country are now locked in battle over the…
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…