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…
Dog Days Not So Slow
Another near-miss “flash crash,” more European craziness, buzz about more action from The Federal Reserve Board and a stock market that rises along with the unemployment rate … who says…
A Step in the Right Direction?
An unemployment rate above 8% is no longer news – it’s been above 8% for 41 months, which is the longest streak since the Great Depression. However, during the Clinton…
What Recovery?
Maybe we should be used to high unemployment … but now the bad news on jobs is coupled with queasiness about corporate earnings. The latest earnings season began with the…
Finally – U.S. Drags Down European Market … Japan Falls, Too
We’ve been writing about Europe dragging down the U.S. stock market for more than a year now. We, of course, take no satisfaction in it, but it’s kind of a…
The S&P 500 Comes Up Short
The S&P 500 fell more than 2% yesterday, recording its worst one-day drop since December. Was it disappointment with The Fed? A sudden realization that the market shouldn’t rise when…
Let’s Hear It for Growth … A Little Louder, Please
You call this a recovery? Typically, the rule is this – the bigger the recession, the stronger the recovery. By any measure, the recent recession was a whopper. Yet gross…