'Twas the week before Christmas And all through the Street Not a hedge fund was buying: Instead--in retreat! They'd bet big on oil-- Now they w...
For an economy heavily dependent on consumer spending, this is not a trivial consideration.
Two weeks ago I wrote a piece entitled THE 5 KEY TRENDS IN GLOBALIZATION THAT ARE CHANGING AMERICA and THE WORLD. On account of on going geo/economic ...
U.S. Monetary Policy - "Print Money" Isn't this how third world countries manage their monetary policy?
Two myths that caused great confusion over the last several years are now headed to the trash bin of history. Unfortunately, many of our great national myths have survived 2014.
The Federal Reserve should reject the CIT/OneWest merger application. At the very least, regulators should stop the clock, hold public hearings and get some real community input before allowing this dangerous deal to proceed.
With inflation still running at 1.7 percent and downside risks such as the slowing world economy, there's no excuse for the Fed to be throwing people out of work by raising interest rates. Let's hope that public pressure and an improved debate over Fed policy can keep this country moving toward full employment.
The median household income in 2013 was only slightly above that reported for 1995 (after adjusting for inflation), while costs for necessities like housing (rent), health care, and education are making it much more difficult for middle-class folks to get by.
The real story is that "help is on the way" for America's struggling middle class, the unemployed and the under-employed. The much maligned TARP stimulus and "extraordinary measures" of the Federal Reserve have finally and in fact -- worked!
Using inflation-adjusted numbers, we indexed each component of GDP to 4Q07 levels, beginning with a value of 100 for each. We graphically display the results below, followed by some commentary.
There is another world crisis brewing -- and one for which President Obama cannot be blamed. The Europeans have made a mess of things, and now the wolves are at the door. The first snarling wolf is deflation.
No one should be surprised that the American people are economically insecure and anxious. Seven in 10 voters said the nation's economy is in bad shape. Voters who said the economy was important to them voted 2 to 1 for Republicans.
I've argued for some time that the process of deleveraging has yet to run its course. The aggregate level of debt in our economy currently stands at a record high, even though many pundits continue to say that debt levels are much more manageable now as compared to the pre-crisis days.
We can now say we have the goldilocks economy that prevailed through the 1990's -- not too hot or too cold -- that should boost economic growth for years to come, if Congress can be ignored.
The drop in oil (and corresponding drop in energy stocks) is causing much consternation throughout the investment world because it is inconsistent with the narrative articulated by most economists.
By calculating the production numbers on a well-by-well basis for shale gas and tight oil fields throughout the U.S., Post Carbon concludes that the future of fracking is not nearly as bright as industry cheerleaders suggest.