According to Bloomberg: More Americans than anticipated filed first-time claims for unemployment benefits last week, a reminder that the labor market will take time to strengthen and may weigh on the economic recovery.
Initial jobless claims rose by 7,000 to 480,000 in the week ended Dec. 12, from a revised...
From what we see of the CPI, there is no inflation. Of course that fact has been pounded home by Mr. Bernanke as well as every Fed Governor.
The conflict is between PPI and CPI now and that may hurt the consumer if the divergence continues. As...
Some of the more interesting and important items for December 16th :
Goldman Sachs Blamed by Teamsters for Driving YRC Toward Ruin – Dec. 16 (Bloomberg) — The International Brotherhood of Teamsters blamed Goldman Sachs Group Inc. for making derivatives trades that would benefit from the bankruptcy of YRC Worldwide Inc.,...
It was not a surprise that the Fed announced no significant change in policy. It was just yesterday the Mr. Bernanke was telling us that there was significant slack in the economy and they he foresaw an extend period of time with little or no inflation.
While the PPI numbers announced...
Here is our latest conversation . new insights for anyone who invests in anything. This week we highlight a discussion about the new announcement of the Google Hardware. Plus: Stocks long and short
NEW! We are now tracking the stocks that Andrew recommends each episode. Here is the link...
