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...

Happy Holidays!

Hello everyone! Happy Holidays! Thank you for your interest in the blog. I wish for each of you a relaxing and rejuvenating holiday season. Jason

Update on economic data

Several economic data points have been rolling in over the last several days… New Home Sales: Sales of new single-family homes fell 11.3% in November; the lowest figure since April. Economists had expected a drop of 1.2%. Uh, clearly that’s a lot worse...

Incursion by Iran into Iraq

Happy Saturday everyone! You may have heard yesterday that a small contingent of the Iranian Revolutionary Guard Corps went into Iraqi territory and seized an oil field. Iran is officially denying the story. Meanwhile, the Iraqis first reported, then denied, then...