Economy

There is one rather little reported economic statistic that goes a long way to explaining why this recovery has been so poor; the velocity of ……Read More

As I noted in a recent posting, the ongoing debt ceiling negotiations are, in the grand scheme of Washington's fiscal future, completely meaningless.  Dr. Laurence ……Read More

Remember collateralized debt obligations or CDO's.  They're back!   These toxic gems, spawned by the creative minds of Wall Street very nearly brought the world's ……Read More

Somehow, this recovery feels different.  Employment is stagnant and real economic growth is practically non-existent compared to normal recoveries.  In this posting, I'd like to ……Read More

A recent poll by Gallup shows us the following:   Public support for the Republican Party has fallen to a record low, down 10 percentage ……Read More

There is a great deal of concern about the ongoing debt ceiling negotiations in Washington with much talk in the mainstream media about hitting the ……Read More