Monthly Archives: August 2010

This from Bloomberg August 11, 2010 (highlighting added): The trade deficit in the U.S. unexpectedly widened in June to the highest level since October 2008 as consumer goods imports rose to a record and exports declined. The gap grew 19 … Continue reading →

I’ve been saying all along that the so called economic recovery simply can’t happen until more of the accumulated debt is dealt with. The consumer spending, dependent US economy is on life support. A sustainable, long term economic recovery cannot … Continue reading →

In his weekly e-newsletter Outside the Box, John Mauldin cited a piece originally published by Tony Boechkh. The original piece quoted George Manus’ thoughts on how demographics may affect the financial markets. As Mauldin commented, it’s thought provoking. Here are … Continue reading →