Back in 2009, a brilliant economist, author and Harvard professor, Carmen Reinhart, co-authored a book entitled “This Time is Different: Eight Centuries of Financial Folly.” […]
Earlier today the BLS posted the most recent quarterly reading for ‘Labor Productivity.’ The numbers were not good. What is productivity and why is it […]
On Friday morning, we learned non-farm payrolls jumped 255,000 in July. Shortly thereafter came numerous media suggestions that the FED will now raise short-term rates. I […]
