Mike: I hope you all had a fine weekend. I wasn’t able to publish a full weekend post, but I’ll publish this a little early and update as the day moves along. Mike: The following reminds me of the AIG fiasco. Here you have the state of Nevada, which has one of the fastest growing […]
Mike: Today is shaping up to be a quiet day on the economic report front, but layoff announcements are numerous and large this Friday. Mike: The following story illustrates one of the reasons why so many are upset at the AIG bonuses. The union rejected a contract offer for further lowering of wages, which may […]
Mike: I hope you are all having a fine day. This day brings the weekly Jobless Claims number, which is expected to remain steady at 654,000. This is a closely watched number, which has a great deal of impact on government policy, as well as the private sector and the stock market. An improving number […]