The Radford Free Press – Page 456 – All life is problem solving.

Economics / GDP, inventories, recovery /

Job Outlook and Is GDP The Right Gauge of Growth?

September 17, 2009

Today’s weekly data for new claims for unemployment insurance can be read in a number of ways. New claims dropped by 12,000, so if your are optimistically inclined you could argue that this is more evidence that the economy is now recovering – there is plenty of anecdotal support for this contention and yesterday’s report […]

Economics / auto sales, Bernanke, consumption, exports, imports, recession, recovery, retail sales, trade balance, unemployment /

Retail Sales

September 15, 2009

We don’t need to dwell too much on today’sretail sales report: they jumped 2.7% in August. Yes, they are still 5.7% below where they were a year ago, but the growth is both solid and good to see. Or is it? Well … over half the growth came from auto sales where the ‘cash for […]

Economics / B. of A., bailouts, banking, Goldman Sachs, JP Morgan Chase, Lehman, Morgan Stanley, regulation /

Lessons of Lehman

September 14, 2009

Were there any? This past week we have been treated throughout the press to a barrage of post-mortem articles about the significance, and otherwise, of the collapse of Lehman Brothers. That collapse produced the largest bankruptcy in American history and will provide a healthy living for attorneys worldwide for years to come. The major thrust […]