From the WSJ: Less than a year after Inauguration Day, support for the Democratic Party continues to slump, amid a difficult economy and a wave of public discontent, according to a new Wall Street Journal/NBC News poll.
The findings underscored how dramatically the political landscape has changed during the Obama administration’s...
If we look at the housing starts over a short period of time, we can see how numbers are looking better; of course from a LOW base. That is the perceived as good news as shown in headlines and in commentary from the bullish camp.
Housing stocks...
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.,...
