Category Archives: Economy
Will Iran Kill the Petrodollar?
Will Iran Kill the Petrodollar? By Marin Katusa, Casey Research The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on … Continue reading
Kodak Moment for Uncle Sam
Dinosaurs must die. It’s a fact of life. Just ask Kodak. Last week, after 123-years in business, it was reported the dinosaur company is preparing to file for bankruptcy protection. By market close on Friday, the former blue chip’s stock … Continue reading
The Metamorphosis of Jon Corzine
The economy gained 120,000 jobs in November, said the Labor Department last Friday. The jobs number included 140,000 new private sector jobs and a loss of 20,000 public sector jobs. More importantly, the unemployment rate fell to 8.6 percent – … Continue reading
Smiling with Gratitude
The Commerce Department reported Tuesday that the economy grew at an annual rate of 2 percent in the third quarter…a downward revision from the initial 2.5 percent estimate made last month. More importantly, it was reported that after-tax, inflation-adjusted incomes … Continue reading
