Monthly Archives: March 2011
More Certain than Death and Taxes
Job growth is finally picking up. According to the Labor Department’s February Report, U.S. companies have added jobs for the last 12 straight months. What’s more, some momentum seems to be building. Here in the Golden State the employment picture … Continue reading
Removing All Doubt
Oil prices jumped above $106 per barrel this week. What gives? The short answer: global supplies are tightening while consumption is increasing. “Energy economists continued to gauge how recent unrest in Libya, Bahrain, Yemen and Syria will affect exports from … Continue reading
A Modest Alternative to Monkeying with Currency Markets
Late last week, while many were busy paying tribute to their Irish brethren with good cheer and libations, the Group of Seven (G-7) nations were busy monkeying around in foreign exchange markets with their first coordinated intervention in over 10 … Continue reading
Up the Creek Without a Paddle
This must be, without a doubt, one of the worst weeks we can remember. Each day the news out of Japan goes from bad to more bad. Here in the U.S. we gawk and grimace at the destruction wrought by … Continue reading