recovery

The US Department of Labor released the Employment Situation Summary for February 2011 this morning at 830ET. The data showed an increase of 192,000 jobs from non-farms payrolls with the headline rate of unemployment declining to 8.9% from…

The last time Ray Dalio conducted a major interview, the global economy seemed to be headed toward a major depression. This was in February 2009 when Barron's had a conversation with Bridgewater Associates' Ray Dalio. For his part, Dalio…

Retail sales have recovered to pre-recession levels, but not when adjusted for population growth. With that considered sales are only at 1999 levels and less than half of the recession's decline has been recovered.

Noam Scheiber's recent article on Tim Geithner is a good piece for understanding Geithner's thinking. He wants American banks to penetrate emerging markets and get even bigger. How this benefits the U.S. economy is unclear, however. It…

The U.S. jobs data this month is a bit screwy. I wanted to flag something I saw because I think it is significant.  First, here is the headline. The U.S. Bureau of Labor Statistics reported an addition to non-farm payrolls of 36,000…

The big news when the advanced estimate of the 4Q/2010 GDP was announced last week was the recovery of the pre-recession level of GDP.  This was presented by some as good news, but was suitably qualified by others.

by Annaly Capital Management Released by the BEA this morning: the advance reading of real GDP came in at 3.2% for the 4Q of 2010 (actually, it was 3.17%, but who’s counting?) versus expectations of 3.5%. There was a lot of internal noise,…

by Comstock Partners The majority of economists and strategists are now telling anyone who will listen that  the economic recovery is now normal and are trumpeting this view to jump-start the stock market. They are confidently…

Frederick J. Sheehan is the author of "The Coming Collapse of the Municipal Bond Market"(Aucontrarian.com, 2009) On January 7, 2011, Kelly Evans of the Wall Street Journal interviewed former Federal Reserve Chairman Alan…

Jamie Dimon's 17-minute interview by Maria Bartiromo below was done earlier in the week before JPMorgan Chase released their numbers. The numbers were good, showing quarterly profits of $4.8 billion or $1.12 a share. Dimon expects to resume…