Saint Janet Yellen: The Best Fed Chair Ever?
…of the US economy such as inequality remain. But that one is not the Fed’s responsibility anyway. So, bottom line, she has been doing a great job even if everybody…
…of the US economy such as inequality remain. But that one is not the Fed’s responsibility anyway. So, bottom line, she has been doing a great job even if everybody…
June jobs report: great headline, but once again where are the wages?!? HEADLINES: +222,000 jobs added U3 unemployment rate rose +0.1% from 4.3% to 4.4% U6 underemployment rate rose +0.2%…
An Important Centennial Today marks the centennial of the Great October Socialist Revolution, known when I was young in the US as the Russian Revolution, and also perhaps more accurately…
The Great Awokening There’s a theory about the sins and shortcomings of society: they are all due to our failures of consciousness. If people were purer, given to understanding and…
…Times”: The new and most dangerous twist to all this is that our great looming danger is Russia, China, and the rising oil dictatorships…. This is a worldview bereft of…
…even greater great recession is forecast for the USA. For Japan and Spain no recession was forecast. For Japan, Spain, and the USA out of sample forecasts are markedly further…
Great new Tax Justice Network podcast on how “Bean Counters…Broke Capitalism” The June 28 Taxcast is out with a focus on the Big Four accounting firms. Richard Brooks is the…
April jobs report: great headlines, signs of fraying around the edges HEADLINES: +263,000 jobs added U3 unemployment rate declined -0.2% to 3.6% (new expansion low) U6 underemployment rate unchanged at…
…money from corporations. Gee, whata surprise! Candidate Joe Biden: “By the way, great drug companies out there — except a couple of opioid outfits,” the former vice president told donors…
Why, in the face of the worst US economy since the Great Depression, is the stock market near record highs? As I type this, the S&P 500 is close to…