Sorry for so many typos

Sorry for so many typos recently – I broke my finger Monday playing football and typing with a splint on is very tough. I vow to minimize these going forward.

A more public Federal Reserve

Hello everyone, This post is in line with ye old economic recovery model of: for an end to the crisis to occur the institutions that got us here have to change, the people at those institutions have to change, and their ideas have to change. Specifically I wanted to...

Consumer prices fall

The chief gauge of inflation in the economy, the Consumer Price Index (CPI), fell for the first time in 50 years in March. This is potentially frightening to a lot of economists as it is an indication of possible deflation in the economy. Why do economists prefer...

After hours Intel results

Yesterday after the financial markets had closed, Intel announced its first quarter results. Intel is one of the technology sector’s bellwethers and the Company’s results deserve scrutiny. The firm reported that their net income, that is profits, fell 55%...

Retail sales down for March

Today’s big news is that retail sales are down 1.1%. This is relative to the all-important expectations of economists of up 0.3%. The decline was broad-based and across many sectors. However, this is the first stab at the figures. They always are revised. In...

Lo Wells Fargo

Well sometimes you just have to smile. I posted a guide to the first quarter earnings season yesterday and I specifically mentioned financial firms, as well as the lack of pre-announcements. Enter:Wells Fargo. They have pre-announced this morning that they had a...