Tag Archives: federal reserve
Coming Uncorked
On Tuesday something incredible happened. The Dow closed above 15,000 for the first time ever. What a joy to be alive and bear witness to the great miracle of our time. Whereas just 100 years ago the new marvels were … Continue reading
Another All Time High
The Labor Department reported last Friday that 165,000 new jobs were added to the economy in April. That’s nothing to write home about, you’d think. But, nevertheless, the mainstream press got excited because it was ‘better than expected.’ On top … Continue reading
Overloaded with Debt and No Jobs to Be Had
The Federal Open Market Committee met on Tuesday and Wednesday. The masses waited with anticipation. What did they talk about? Generally, they talked about price controls. More exactly, they talked about controlling the price of the economy’s most important and … Continue reading
Clogging Up the Economy
By most accounts, as the season turned from winter to spring in 2013, economic recovery was ready to bloom. The economy’s fields had been tilled and planted with care…housing was finally on the upswing. Plus, the Federal Reserve was sprinkling … Continue reading
