Tag Archives: congress
Be Like Jimmy
The DOW jumped up 108 point yesterday. The headlines offer many reasons why this is so. But we don’t have time to consider them today. For we have other points to ponder…like debt. You see, individuals and nations alike have … Continue reading
On Savages and Perpetual Infancy
Last Tuesday Federal Reserve Chairman Ben Bernanke said the economic recovery was “frustratingly slow.” By Wednesday the yield on the 10-Year Treasury Note had dropped below 3 percent. At the same time, stocks, oil, and gold were shellacked in unison. … Continue reading
Washington’s Budget Cut Farce
Market analyst David Rosenberg of Gluskin-Sheff sees another recession storm appearing on the horizon. The dark clouds forming are rising food and energy costs. He doesn’t believe consumers will be able to weather their fury. Using a little historical analysis … Continue reading
