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…
This Is Progress?
Economic growth for the second quarter of 2012 officially has been revised down to 1.25%, which is below the lowest previous estimate. In an effort to stimulate the economy, the…
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…