Economic Recovery in the Eurozone Takes Hold

by | 13 05 2011 | Blog

Today gross domestic product (GDP) figures for the Eurozone’s first quarter were announced.  Data show that compared with the same period last year the Eurozone economy grew 2.5%, and compared to the fourth quarter 2010, grew 0.8%.  These results compare to...

Commodities Sell Off = Stock Market Sell Off?

by | 12 05 2011 | Blog

Yesterday the Dow Jones Industrial Average fell the most it has in two months.  Ostensibly the sell off was because of the dramatic fall in commodities prices, including oil, gold and silver.  To me this is evidence of strange trading forces at work, rather than...

Germany’s Exports Hit All-Time High

by | 09 05 2011 | Blog

This morning Germany announced that its exports – the overwhelming driver of its economy – hit an all-time high in the month of March.  Specifically, the EU’s most powerful nation recorded $142 billion in exports.  This achievement was a full 7.3%...

U.S. Job Creation Soars

by | 06 05 2011 | Blog

Department of Labor calculations estimate that the United States’ job creation soared in the month of April.  Specifically it added a massive 244,000 jobs.  A broad swath of economists had expected only 185,000 jobs would be created.  Private Sector job creation...