Twenty six months later

October 2008 – in the first days of this humble little blog – I called for there to be prosecutions of folks who had perpetrated horrible wrongdoing in the financial scandal that was a direct, and large cause of the Great Recession.  Today, twenty-six...

Update on anecdotal evidence

Well the hazards of being a financial news blog writer have been highlighted for me once again.  Earlier this week I had written that the big improvement in the employment situation as reported by ADP had garnered very little attention from that general source for...

Job creation in November disappoints, but…

Expect a big stock market down draft today. November’s non-farm payrolls (i.e. job creation) figures are in and the U.S. economy created 39,000 jobs.  This compares to a consensus expectation from economists of 144,000 jobs created.  Meanwhile, October’s...