All eyes were on Greece, Italy, and Spain again as if we don’t have a mess in our own economic backyard. Nevertheless, the situation in Europe is grave.
Last week, we looked at a perfect central bank intervention. Markets reacted immediately shedding about 400 points off the value of the Yen against the Dollar.
Although the unemployment rate remains stubbornly high, the trend is going in the right direction and the number of long-term unemployed fell.
Despite positive market signals and an extension of a Greek default, fundamentally nothing has changed and more is sure to unfold in this European saga.
Experts contend actual inflation is substantially higher than currently reported via the CPI, closer to the financial pinch consumers have been experiencing.
The markets have been in a tight trading range all summer. Are there any signs of a change in this side-ways trend?
Chartists and technical traders were spooked by a rather strange form of déjà vu this week.
It’s the end of the quarter and a rather tumultuous summer for investors. September was particularly unappealing at -7.18% for the month.
We decided to give our readers a bit of a break this week by focusing on the positives among the plethora of bad news emanating from the markets.
Dr. David Smith offers his insight into the Southern California grocery worker negotiations and its larger implications for labor unions as a whole.
In this podcast interview, Dr. Don M. Atwater explains how decreases in public sector employment will push back the recovery of the U.S. labor market.
U.S. Treasury Secretary Tim Geithner points out the elephant in the room (i.e. the political dysfunction of governments).
This issue, including articles, videos, book reviews, and audio podcasts, can be found at gbr.pepperdine.edu. We welcome your comments and feedback.
Developments in Europe are showing the effects of investors who have lost the least bit of hope that Greece can come out of their quagmire without a default.