A quick missive

by | 06 12 2008 | Blog

Just a quick missive for your weekend from Muggy Miami. In yesterday’s posting I said it would be interesting to see what happened to the financial markets given the huge number of jobs lost in November (i.e. 553,000). As you may know the Dow Jones Industrial Average...

Big unemployment figures

by | 05 12 2008 | Blog

So yesterday’s posting looks particularly timely after today’s big announcement of the number of jobs lost by the U.S. economy in the month of November. In case you have not heard, the estimated number of jobs lost was 533,000. Furthermore, the...

Lay off the layoffs

by | 04 12 2008 | Blog

Good morning friends and readers! One of the tough things about tough times is seeing the endless parade of job layoff numbers. They create lots and lots of anxiety amongst people. I know because when I was growing up my mom experienced layoffs on multiple occasions....

The recession is officially on

by | 02 12 2008 | Blog

As you probably all know by now the U.S. “officially” entered a recession exactly one year ago in December 2007. The fun bunch of officials who have officially stated this are the National Bureau of Economic Research.   More specifically it was the...

Up, up and away?

by | 25 11 2008 | Blog, Worst of the Blog

…the Holiday is fast approaching and I hope that all of you have wonderful plans to enjoy a breather. Today marked the third day in a row that the financial markets closed up. More importantly, they closed up despite the fact that there was bad news from...