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– A very hoary joke tells the story of an East European Jew, just arrived in New York and not speaking a word of...
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– A very hoary joke tells the story of an East European Jew, just arrived in New York and not speaking a word of...
– Bottom line: The Consumer Price Index (CPI) rose by 0.1% in July — but it has risen by the same amount for the...
– Bottom line: The trade data for July contained no good news; rather there were several indications that things are getting worse. Exports continued...
– Bottom line: The pace of economic expansion, as measured by the GDP data, fell to an annualized rate of 1.7% in the second...
– Whilst you were understandably busy with local developments, the world carried on spinning — increasingly out of control. Anyone who follows the global...
– I mentioned last week that most people in the world, and virtually everyone in Europe, is far more focused on and concerned about...
– Bottom line: The budget data for June showed a deterioration, for the first time this year. The problem is concentrated on the revenue...
– Bottom line: The second estimate of GDP growth in the first quarter of 2014 was revised sharply upwards, to an annualized rate of...
– Frankly, I don’t expect many readers to be familiar with the term above, let alone to know what it means. So let’s begin...
– The latest meeting of the Federal Reserve Bank’s Open Market Committee (FOMC) — which determines the monetary policy of the United States and...