Tag Archives: treasuries
2012: Predictions, Prognostications, and Prophecies
Before we turn the page to 2012 we must take a look back at the year that just passed so we can extract context for the year to come. Looking at where the stock market began and ended in 2011, … 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
Life After the Day of Reckoning
The 2011 fiscal year ended on September 30th and the beans of U.S. Government revenue and spending have been counted up. Total revenue for the year was $2.3 trillion. Total spending for the year was $3.6 trillion. The difference – … Continue reading
On Scientific Management of the Economy and Going for Broke
Federal Reserve Chairman Ben Bernanke should never have left Princeton. He’s much better suited for a lifetime of pontification than real work. Not that chairing the Federal Reserve is real work. Yet, even so, at least as a professor his … Continue reading
