The Laboon Comes

When a daisy chain of retrocessionaires exists, a single weak link can pose trouble for all. In assessing the soundness of their reinsurance protection, insurers must therefore apply a stress test to all participants in the chain, and must contemplate a catastrophe loss occurring during a very unfavorable economic environment. After all, you only . . . → Read More: The Laboon Comes

Federal Spending vs. Candidate Spending

Seems like every handful of years, somebody starts yammering about how much money candidates spend to get elected. About how that spending is going up and up and up. And they claim that that’s a sure sign of corruption.

Not likely. Look instead at the ratio of federal spending versus spending by presidential candidates . . . → Read More: Federal Spending vs. Candidate Spending

Net Jobs Growth Begins – Substantial Additions By Spring

You may recall our optimistic prediction in November that the positive trending in the labor market pointed to net jobs growth by Christmas. Revised government numbers on Friday bolstered that assertion.

Further it is now clear that for job seekers in 2010, the economy will likely be their friend. With a 5.7% GDP growth . . . → Read More: Net Jobs Growth Begins – Substantial Additions By Spring