My Comment: For several years I’ve warned my children that if the gap between the “haves” and the “have nots” becomes too great, their generation and the next will likely face social chaos in this country. This idea is starting to resonate as articles like the next appear in print, and one sees and hears …
Continue reading Breaking Down the Income Gap Into Real Terms
From time to time I get emails that list the most popular articles that appear in certain financial magazines. As you can imagine, someone is trying to get me to subscribe and spend money on their publication, which is OK. This is an article that continues to show up even though its not very long. …
There's been a lot of conversation in the media for the past 18 plus months about "job creation". If you are on the right politically, then you simply blame President Obama, never mind that the presidency is not the source of jobs. If you are on the left, then you blame anyone and everyone on …
By Thomas P. M. Barnett (Readers of this blog know my affinity for the writings of this man. For me, he has an ability to synthesize complex global ideas in a way that makes so much sense, I have to wonder why its not obvious to everyone. If you listen to the political pundits, never …
Continue reading The New Rules: Worried by China’s Rise? Watch Out for its Decline
Check here for your weekly market recap from J.P. Morgan.
By Christopher S. Rugaber WASHINGTON (AP) — The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. The Labor Department said Friday that the unemployment rate dropped sharply to 8.6 percent last month, down …
Continue reading Unemployment Rate Falls to Lowest Since March 2009
WASHINGTON (AP) — Some of the money from President Barack Obama's health care law is flowing to places you might not expect. Two Texas public employee programs are among the top 25 beneficiaries of a $5-billion fund to shore up employer coverage for early retirees, despite Texas Gov. Rick Perry's vow to repeal what Republicans …
Continue reading Obama Health Care Law Has Unexpected Beneficiaries
(A few days late but you'll get the point. TK) By Jurek Martin Never in the 390 year history of Thanksgiving in America have so many turkeys been roaming the land. Unfortunately, most of them are political – Republican presidential candidates gobbling nonsense, the congressional super committee that failed to carve up the debt bird, …
A slight change in format here. In addition to the weekly Capital Market Insight that comes from Curian Capital, I've found another good summary that comes from J.P.Morgan. Here are links which, assuming they show up each week, I plan to make available to you if you simply click on the respective links below. Call …
By Gary Silverman - ( Much to my surprise, this appeared in UKs The Financial Times - TK ) Do you know how to Tebow? Unless you follow American football, you might not know what I’m talking about. But Tebowing is all the rage in the US today – and anyone with more than a …
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