Weekly Economic and Market Review
It appears the markets are finally waking up to some of the myriad of worries I’ve been scribbling about for the last few months. Commodities have taken a header over the last two weeks on fears about slowing global growth and the impending end of QE II in June. Stocks have held up better, especially .. read more
A Yarn About Inflation
Guest post from Doug Terry: My wife is an avid knitter. So avid, she has her own inventory of yarn and also of wool to spin her own yarn. She mentioned yesterday that the price of wool had gone up 20%. After telling her nice job honey, she said thanks and I got to thinking about what .. read more
Weekly Economic and Market Review
I’ve been worried about the US economy for some time now and particularly about the high unemployment rate, but I feel so much better now. Last week, President Obama named Jeffrey Immelt, the CEO of General Electric, to head his Economic Recovery Advisory Board. No wait, that’s what it was called when Paul Volcker was .. read more
