Archive for January 8th, 2010

A Most Confusing Economic Situation

You all know about the employment report today and no doubt didn’t miss the pull back in pending home sales that was reported earlier this week. Throw on the increasingly massive problems with commercial real estate and you can paint a pretty awful scenario for growth in 2010. Just to put a nice bow on […]

Employment Hits The Skids Again

Well, my post last night about Obama’s plans to address the economy this afternoon being a good precursor to a positive jobs report was certainly spot on — NOT! Ah, the perils of prediction. Take your lumps and move on. In that vein here is the less than cheery statement from the BLS: Nonfarm payroll […]