Thursday, February 16, 2012

Euro Drops Below $1.30

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This morning the value of the Euro dropped below $1.30.  The United States should thank the European Union for the diversion it has created....
4 comments:
Wednesday, February 15, 2012

The Progress of the Economic Recovery in the United States

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The United States economy is growing.  However, the United States economy is not growing very fast and the growth does not appear to...
6 comments:
Tuesday, February 14, 2012

The European Model: Broken Beyond Repair?

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I am really tired of the German bashing! The model for the Euro was unsustainable.   But, the lessons learned from the effort sho...
13 comments:
Monday, February 13, 2012

Depression in Europe?

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There seems to be growing optimism in the United States that the economic recovery is picking up steam.   This is all fine and good,...
2 comments:
Friday, February 10, 2012

The Problems in Housing and the Labor Markets Will Not Go Away Soon

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President Obama announced a mortgage plan aimed at giving relief to homeowners that are facing problems with their mortgages.   Yet,...
1 comment:
Monday, February 6, 2012

Developments in the Banking Sector: Large Amounts of Funds Still Going to Foreign Institutions

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There seem to be three major stories in commercial banking these days: first, the cash going to foreign-related institutions; second...
8 comments:
Friday, February 3, 2012

Federal Reserve Report: No Need for QE3

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I keep reading that some people want to have the Federal Reserve begin a new round of quantitative easing…QE3. I see nothing in t...
11 comments: