Tag Archives: treasuries
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
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
Safe Investment Losses
The Labor Department reported Friday that employers added 195,000 new jobs to their payrolls in June. Nonetheless, the unemployment rate remained at 7.6 percent, as people entering the workforce subtracted out all job gains. Still, markets were delighted. The DOW … Continue reading
Where the Big Lessons will be Learned
Reading the headlines of this week’s data reports tells the story of a strong, robust economy. According to the Commerce Department announcement on Tuesday, single-family home “sales increased 2.1 percent to a seasonally adjusted annual rate of 476,000 units – … Continue reading
