Earnings season guide

The fourth quarter of 2009 and the full year 2009 officially ended December 31st so earnings season must be just around the corner. The fourth quarter/full year earnings season kicks off a little later than a typical quarter because it takes longer for corporations to...

Job cuts – job cuts

Job Losses: The U.S. Department of Labor reported today that employers shed 85,000 jobs in the month of December. That loss puts the overall U.S. unemployment rate at a double-digit rate of 10.0%. This loss was a much greater loss of jobs than the expected loss of...

As the world turns – an Iranigans update

For today’s second post I wanted to give a brief update on what is going on with the Iranian nuclear development program. In short, nothing much has changed… The United States: The U.S. continues to want a delay in dealing with Iran so that it can focus...

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...