What a glorious day. I walked back up from the Strand bookstore and in so doing wandered past the citadels of more than one of our anti-social banking community. Spring may be the harbinger of warmer days, but I am now seriously wondering whether they will be better.
Why, you might ask, am I so downcast… »
The hints of improvement we have seen in some of the other reports on payrolls and jobs did not translate into an improvement in the official unemployment rate – this morning’s release shows the unemployment rate stuck at 9.7% for February.
Within the data there is… »
Allow me to rant:
OK enough. Those of us who care about civil discourse are being drowned out by a torrent of diversion and outright lies propagated by Republicans who know better, but appear comfortable adding fuel to an already volatile mix.
I am referring to the… »
What a day it turned out to be in Congress today. Bankers everywhere. Treasury Department officials causing chaos. Congressmen and women apoplectic and avoiding responsibility. Aaah, good times.
First: Vikram Pandit,… »
I won’t say ‘good news’, but definitely better.
Jobs:
This morning’s report on first time claims for unemployment assistance has them dropping by 29,000 to 469,000. Before we all get too wrapped… »
I always dislike pundits who use the weather in order to avoid making definitive statements about economic numbers. But today’s jobs news from ADP, the payroll management company, provide a… »