Today’s media pick is from the NYT. For the first time since 2000, the average income actually rose in the US, according to IRS...
Read More
Today’s must read MSM piece is a page one NYT article on how second mortgages — "the borrowing of last resort, to be...
Read More
More nonsensical tripe foisted upon the world by W. Michael Cox and Richard Alm again. For those of you who may not recall, they are the...
Read More
Exactly one year ago, my pal James Altucher penned a Real Money article, The Underlevered American Household. I found it perplexing...
Read More
Today’s Chart Porn is The Varying Impact of Gas Prices (via the NYT), which looks at local Gas Prices, Median Income, and...
Read More
Source: R.J. Matson, The St. Louis (MO) Post Dispatch / Politicalcartoons.com
Read More
chart via BLS > The U.S. lost jobs for the fifth consecutive month, as nonfarm payroll employment continued to trend down. For May...
Read More
Another month in the books, and another NFP report. Job creation has been flat to negative for the past 5 months or so. According to...
Read More
David Rosenberg, of Merrill Lynch, discusses his outlook on the economy and the housing market. > click for video Part I Part II Part...
Read More
We get the first revision of GDP tomorrow morning at 8:30am. The export portion of GDP showed big improvement, thanks to the still...
Read More
