Housing & manufacturing data

You may have noticed lately that ze blog has been fairly dull for awhile. This has nothing to do with my celebration of the Holidays and more to do with the dearth of economic movement and lack of newsworthy information. Which brings me to today’s post which is...

Renewed call for regulation

How apt that my first post in 2010 regards increased regulation of the U.S. financial system. In Atlanta at the American Economic Association’s annual meeting, Federal Reserve Chairman, Ben Bernanke, said that regulation should be the first line of defense...

For the last time in 2009…

…jobless claims in the week just ended were 432,000. That is a decline of 22,000 over the previous week’s total. The recent rise in consumer confidence, the return to “growth” in the economy, and the leveling off of the unemployment situation...

Robber barons

Congress is currently considering legislation that will change the way executives in the United States are compensated. Even in these formative stages of the legislation there is tremendous hue and cry from executives of BIG corporations. The gist of their message is:...

Sideways shuffling

I hope that the Holiday season is unfolding with ease and smiles! The economy continues to move in a mostly sideways direction with a slightly upward bias. Some economic statistics bear this out… U.S. Home Prices: The Case-Shiller home-price index was showed...