Economy

Spending on construction, while up from the depths of the Great Recession, is still just about at its pre-recession levels, particularly when one looks at ……Read More

A paper by Ilia Dichev, John Graham, Campbell R. Harvey and Shiva Rajgopal entitled "Earnings Quality: Evidence from the Field" provides investors with some interesting ……Read More

The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing ……Read More

While certain aspects of the economy appear to be "normal", some are clearly lagging the pack. In one case, the long-term sector growth has been ……Read More

While you have to swallow long-term projections with a few pounds of salt, an interesting study from the Organization for Economic Co-operation and Development, better ……Read More

Let's open this posting with a graph showing the U.S. federal on-budget surpluses and deficits since 1915:   Here's a graph showing us the on-budget ……Read More