Unemployment Rate
The old adage about how “Nero fiddled while Rome burned” has never applied more to the U.S. Congress than it does today. As most Americans are enjoying the Independence Day weekend, Congress is set to begin its mid-summer break, and won’t be returning to Washington until July 12. It’s not that a holiday from work, [...]
Continue reading about Congress “Fiddles” While the Unemployed Starve
For some reason, it feels like the the waning few months of the Bush Administration happened ages ago. I remember it well; those were the “not so good old days” when the financial services industry and the American auto industry were crashing and burning. Those were the days when the stock market, along with everyone’s [...]
The continued high unemployment rate, the weakness in manufacturing, and the tightening-up of Chinese monetary policy have all contributed to a feeling among investors that stock values may be too high.
