…lower than in 2010, you would never guess that reading the funny (pink) papers. Somewhere, an FT editor is reading that and cheering that they’re on holiday until the 4th….

…in the 4th quarter of 2004. The great recession generated the severe world wide downturn in trade, but US imports are obviously rebounding much more than US exports. If you…

This July 4th appears to be quite mixed for Americans, depending on both where you are and whether you are on a paid vacation day. Follow the link to some…

…issue new shares. The problem for an illiquid firm (with this 4th meaning of liquidity) is that no one wants to buy its assets. The claim of the manager that…

…federal income taxes and social security taxes; they think that taxation raises revenues equal to about 40% of GDP, whereas in reality it is less than 1/4th that, they think…

…long long time. When I was in 4th grade, I said that the prison sentence for attempted murder should be longer than the prison sentence for murder. My logic was…

…the remaining three quarters of the year.” This was Dec 4th, an open admission that Aetna’s MLR was too high for stockholder comfort and that forcing 600,000 people off their…

…shock was amplified by “compositional” and “synchronicity” effects. •“Compositional effect”: In the 4th quarter of 2008 and 1st quarter of 2009, the Lehman-induced ‘fear factor’ caused consumers and firms around…

…more bank failures since Bear Stearns failed are 4th, 9th, and 11th on the list. The only other state in double-digits right now, Florida, is 16th.) I’ll wait patiently for…

…labeled the “American Jobs Creation Act” to signal the purported justification for all the corporate tax breaks. It didn’t lead to the creation of many jobs.) The new section disallowed…