Moment of crisis for the EU

Because several of the European Economic Union’s members are at the precipice of crisis, especially Greece, the EU finds itself in unchartered territory.  This territory is likely to shake the EU to its very core and might even lead to the dissolution of the...

Big financial markets fall

Good morning! Yes, yes, the U.S. financial markets took a big tumble on Thursday.  The DJIA fell 2.6%, its biggest percentage decline since early July of 2009.  While the S&P 500 fell 3.1%, its worst decline since April of 2009.  The big sell off is believed to...

Productivity results

Good morning! The Department of Labor released fourth quarter productivity figures this morning.  Productivity in the U.S. rose by 6.2%.  For the whole of 2009 the DoL reported that productivity rose by 5.1%. Analysis: Increases in productivity are my favorite...