First, the good news: The real estate market has clawed its way back from the brink and is about a third of the way to a normal, pre-bubble market. The bad news: It’s going to take until the end of 2015 to get us the rest of the …
economic recovery
The Little Recovery That Could…Well, Maybe
We’ve Suffered a Jobless Recovery. Is a Recovery Without Growth Next?
The economic-news meme of 2011 was the “jobless recovery.” This was a term used by pundits to describe the U.S. economy, which, measured in GDP, began growing again in the third quarter of 2009. Unemployment, however, remained stubbornly high. We were producing more and better goods and services with fewer total workers.
This …
Why A Stronger Economy Probably Won’t Translate Into A Raise — Yet
Last Friday’s jobs numbers came in strong, particularly in important areas like manufacturing, on which President Obama is staking much of the economic component of his re-election campaign. If voters start to feel more prosperous than they have over the last few years, it will certainly help him at the polls in November. But in order …
227,000 New Jobs Is Good. But Has the Economy Reached Escape Velocity?
Economy watchers talk often about economic recoveries requiring a “virtuous circle.” In such a scenario, job growth leads to higher wages and increased consumer demand, which in turn leads to more job growth.
Jobs Numbers and the Economics of Emotion
Consumer confidence is up, and the new jobs numbers — the U.S. added 227,000 jobs in February, the third straight month of 200,000-plus gains — show that the U.S. economy continues to improve. Does that mean we are going to finally start seeing a shift out of the era of fearful, volatile markets that we’ve been in for over three …
What’s Your Personal Inflation Rate?
To know what’s really happening to your own standard of living, don’t pay attention to government’s statistics – just go to the grocery store or a department store and look around you.
Is This Stock Market Rally for Real?
Despite all the problems facing the global economy, the average U.S. stock has doubled from its 2009 lows. So this seems like the time to ask whether share prices have run up too far, too fast.
Is America’s Economic Recovery Real?
That’s the $64,000 question, particularly for the U.S. presidential elections – if things keep improving, it’s only good news for Obama. The economy has been on a roll this year, with unemployment down, consumer and …
Is It Time to Start Worrying About Inflation Again?
The greatest threat to any long-term investor is inflation. It not only erodes the value of stocks and bonds, but also depresses economic growth and misleads policymakers.
Is Warren Buffett Right About The Economy?
Warren Buffett told Fortune magazine’s Most Powerful Women Summit Tuesday that he hasn’t thrown in the towel on the U.S. economy, arguing that the U.S. will avoid a double-dip recession despite rumors to the contrary. Though some …
Top 5 Ways to Kill the U.S. Recovery
They say heartbreak is optimism’s best cure. Not so in this economy. After a slew of painful economic data out over the past few weeks, it’s hard to find an economist who isn’t annoyingly upbeat.
Take the latest Wall Street Journal economic forecasting survey: Economists put the chances of a double-dip recession in the next year …