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July 2011 Economic Overview

July 2011 Economic Overview

For all the monetary and fiscal stimulus applied to the US economy, the recovery remains a disappointment. Growth may rebound to above 3% in the second half of the year. Inflation rose to 1.5% in May. The Fed may consider easing again. But the wealth is not trickling down. Small business account for 99% of all US companies and account for [...]

May 2011 Economic Overview

May 2011 Economic Overview

The number of workers filing for jobless benefits declined last week but remained elevated, while a broad gauge of the economy's strength rose, delivering mixed signals. First-quarter US growth, amid higher oil prices and a moribund housing market, weigh on business and consumer confidence. But a slowly reviving job market, suggest growth will [...]

December 2010 Economic Overview

December 2010 Economic Overview

Eurozone crisis: Sovereign debt back in the headlines. Portugal, Ireland and Greece bond spreads near their highest yields, again. Irish bankruptcy was avoided with a 130 Billion bailout for its banking sector. Greece and Portugal’s prospects are dismal. Germany said that if borrower nations are unable to repay their debts, then it is their [...]