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    Housekeeping Alert!!

    April 3, 2009

    Please be aware that I will be taking this site down for two days this weekend. The rapid expansion of both the site and my writing activities require that I re-organize my office space! I am upgrading things in two phases: this weekend is the physical movement of the equipment. Then in May I am […]

    Economics / job losses, mark to market, unemployment /

    Employment – More Grim News

    April 3, 2009

    The unemployment numbers released this morning confirm the other data we saw earlier this week: the economy is shedding jobs at an alarming rate. Unemployment has now reached 8.5 %, and will undoubtedly get worse in the next few months. Here is the government press release: Employment Situation Summary We have now lost over 5 […]

    Economics / lending, unemployment /

    Unemployment Data Belies Signs of Improvement

    April 2, 2009

    There have been a number of statistics released in the past two weeks that seem to indicate that we may be reaching to bottom of the downturn. Data from manufacturing managers and durable goods orders both were firmer than they have been for a while. Personally I prefer to see two or three months of […]

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