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    Buyer’s Remorse?

    February 3, 2012

    Some of you are no doubt aware that Sir Fred Goodwin is no longer Sir Fred, but simply Fred. The UK government has an obscure department tucked away deep within its wood paneled bureaucracy that has the power to reverse awards like knighthoods. So whereas once Fred was a poster child for aggressive capitalism, and […]

    Economics / GDP, jobs, recovery, unemployment /

    Jobs – Lot of Them

    February 3, 2012

    Today’s employment report was very positive. It is difficult, even for a conformed skeptic like myself, to find much to gripe about – we will get to my caveats in a moment. If this keeps up the election this November takes on a totally different tenor. More importantly, a whole bunch of people will be […]

    Economics / ADP Employment Report, jobs, recovery, unemployment /

    Brighter Jobs Market

    February 1, 2012

    This is a very hectic week, but today’s ADP jobs report is worth noting: the private sector added another 170,000 jobs in January, down from December’s 292,000, but decent nonetheless. This means we have had twenty-four straight months of job creation and confirms what other statistics are telling us: the recovery is well under way, […]

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