Category Archives: Stock Market
Stock Market Shangri-La
The big news early in the week was that Larry Summers – the man so smart he lost hot breakfasts for Harvard and $2 billion of the university’s operating funds – withdrew his name from consideration for the next Federal … Continue reading
The Economic Recovery that Never Was
“There are three kinds of lies,” observed Mark Twain. “Lies, damned lies, and statistics.” Perhaps Twain had government economic reports in mind when he made his famous quip. For example, a quick glance at the headline unemployment numbers published Friday … Continue reading
Secrets of the September Swoon
Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy. Here at the Economic Prism we did nothing of the sort. Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading
Something Big is Coming
How things change. A year ago the Midwest and Mississippi Basin were suffering the worst drought since 1956. Corn stalks were rapidly going brown and corn prices were rapidly going up. The next food crisis was imminent. We even wrote … Continue reading
