Irrelevant jobless claims?

Something very interesting has happened today with regard to the weekly Department of Labor jobless claims data.  “What,” you may ask has happened?   The news is not front page news on the Wall Street Journal’s website.  Instead the data are...

China update

In my 2011 predictions I had some fairly strong predictions for China.  While it has only been a little more than a month since that post China is very much a part of the news at the moment.  That’s because Hu Jintao, the Chinese leader, is currently visiting...

Dead bodies lie on the housing market fields

This morning the National Association of Home Builders announced that its housing market index was 16 for the month of January.  That is the third consecutive month of a reading of 16.  But what does this mean?   Analysis: The index is essentially a measure of...

The SEC is still understaffed

Almost two years ago I said that the U.S. Securities and Exchange Commission was underfunded and consequently, understaffed.  The Wall Street Journal has a front page story that highlights this fact, entitled, “Deadlines Missed on Financial-Overhaul...