Euro Drops Below $1.30
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Read MoreAuthor: John Mason
Federal Reserve Report: No Need for QE3
I keep reading that some people want to have the Federal Reserve begin a new round of quantitative easing…QE3.I see nothing in the financial figures that calls for more quantitative easing. For one, there seems to be no...
Read MoreWhat Economic Growth in the United States? And, in Europe?
The Congressional Budget Office (CBO) just released its forecast for economic growth and what it sees seems to differ substantially from what the Federal Reserve sees. The CBO forecast places economic growth (real GDP growth)...
Read MoreWhere is the US Consumer?–Part 2
Two pieces of news today that go along with my earlier post about the pressures families are facing in the United States. First, “Home Prices Tumble.” “For November, the Case-Shiller index of 10 major...
Read MoreWhere is the US Consumer?
“Rising Income is Saved, Not Spent,” reads the Wall Street Journal Tuesday morning. “Personal income increased 0.5% in December from November adjusted for seasonality, the largest monthly increase since...
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