Viewers of CNBC got quite an entertaining interview yesterday courtesy of anchorwomen, Maria Bartiromo. She rightly so put Maryland Senator Ben Cardin on the spot in a live interview by coming out swinging “Are you guys just incompetent, or what?” This is in response to Republican House leaders failing to get a vote held on a […]
Maria Bartiromo Lashes out at Senator Read More »
British press was in an uproar last month when Canadian Mark Carney was announced as the incoming Bank of England (BOE) governor. First time a “foreigner” has held the top job at the BOE resulted in criticism of the bank. Mr. Carney was labelled by the Sun newspaper as “Heavy Metal Fan to Run Bank of
UK Economy Needs (Canadian) Kick-start Read More »
Does economic growth in the US really depend on who wins the US Presidential election this Tuesday? No. How much can President Obama or Republican candidate Mitt Romney do for the economy? No. How can the US or any economy create real sustainable job growth? Empowering Innovation. The New York times article today highlighted a
What is Obama’s real economic problem? Read More »
What does men’s underwear have to do with our economy. The NPD Group, Inc., a leading market research company, has shown an uptick in sales of men’s underwear over the past year. Between Aug. 2010 and Aug. 2011, sales for all men’s “underwear bottoms” were roughly $2.074 billion. In the period between Aug. 2011 and
Underwear Economics Read More »
Number of the day: 7% Chicago Federal Reserve President Charles Evans, strong proponent of quantitative easing (QE) tells CNBC televsion this morning he expects unemployment in the 7% range for at least another 2 years. As 7% is unacceptable to the Federal Reserve, the statement means he expects a minimum 2 years of continued $40B/month or more
