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    Economics / B. of A., banking, Citibank, JP Morgan Chase, Obama, recovery /

    The Art of Bankers and Economists

    February 6, 2012

    The big question, and one I have been asked several times this morning already, is this: does the good jobs report last week signal a major shift in the economy? No. Clearly the tone of things has changed, but there are still large reservoirs of under-used resources to be brought back on line before we […]

    Commentary /

    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 […]

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