The U.S. Wage Gap
Interesting chart from the BLS on the U.S. wage gap by race, age, and gender. Whatever the cause, it shows the U.S. still has a lot of work to do in closing these... Read »
A Matter of Faith (in Markets)
Alan Greenspan contributed yesterday to the Financial Times debate about Capitalism in Crisis. The title of his article was “Meddle with the market at your... Read »
More Evidence that Bernanke is a Dove
More on the endlessly interesting Bernanke press conference: Robin Harding: Robin Harding from the Financial Times. Mr. Chairman, while I look at these forecasts... Read »
The FOMC Confuses Me
The FOMC has spoken and here is what it said (my bold): To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent... Read »
Mr. Bernanke Gets His Way
Well, Mr. Bernanke has moved the Federal Reserve to a position of greater transparency. We now have projections of interest rates out until the end of 2014. It is... Read »
World Bank President Zoellick: Austery is a “Loaded Word”
Bloomberg TV’s Erik Schatzker spoke to World Bank President Robert Zoellick this morning about the economic woes facing Italy. Zoellick said that Germany and... Read »
Gold – The Ultimate Barometer of Inflation
Nearly everyday since December the media reports how good things are getting in the economy. This report was better than expected, that report is better than expected... Read »
A Different Kind of Market…and it’s Booming in this Economy
We all know by looking at the economic data that we’ve just come out of an economic recession. The unemployment rate is up, GDP growth is down, and the world economy... Read »
Mixed Message? Jobless Claims & Durable Goods Orders Rise
Initial jobless claims increased last week, but so did new orders for durable goods in December. It’s a mixed bag of news, but a closer look suggests that... Read »
Fed Is Poised for More Easing
The basics are well known at this point. The Fed extended its expectation for low rate out through the end of 2014, with the new hawk on the FOMC, Richmond Fed... Read »






