Markets

The latest monthly conjured up employment numbers are ugly even with the usual generous fudging of the data.    The May change in Nonfarm Payrolls: +54,000 vs. ……Read More

"Everything’s ok" so long as the status quo is maintained. Take JP Morgan as an example. It not only cut its economic forecast yesterday, but ……Read More

U.S. manufacturing is expanding at the slowest pace since the recession ended. Consumer sentiment is at a six month low. And ADP nonfarm payrolls were ……Read More

LinkedIn, the Social media networking site made headlines last week for its spectacular run post its IPO on Friday May 20th. But just as the ……Read More

Market upside was driven by massive global liquidity that is reversing to global tightening, de facto in the US through the end of QE2, proactively ……Read More

In 2010, I owned a number of the Engineering & Construction companies. The bull case was simple: global recovery will lead to improving business conditions ……Read More