housing permits

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

Weekly Economic and Market Review

Some not as bad as expected news on the real estate markets, some pretty damn good earnings, a Bernanke assurance that he remains vigilant at the controls of the printing press and the release of the results of the European bank stress tests were enough to move the US stock market higher by 3.5% last .. read more