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Monthly Archives: February 2010
Jobless Recovery? Is It Really a Recovery?
All this talk about a ‘jobless recovery’ really has me peeved. Truth is, when an economy that is as dependent on consumer spending as the US economy is not creating jobs, you have to wonder if there is really an … Continue reading
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More Bank Failures – I Told You So
An article published on “Market Watch” on February 23, 2010 stated (emphasis mine): The number of distressed banks in the U.S. rose to 702 in the fourth quarter, the highest level in sixteen years, according to a report released by … Continue reading
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Borrowing Against Future Production – Confirmed?
I’ve been making this argument for a whole year now. Government attempts to prop up the sick US Economy will likely make the eventual landing harder and more painful than it would be if government simply did nothing. I know … Continue reading
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Has the Decline in the Equity Markets Begun?
The equity market decline that I have been anticipating for the past couple of months may have begun. While markets typically don’t go straight up or straight down, it’s my view that we’ve seen the peak in the major US … Continue reading
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