:: Tuesday, February 09, 2010

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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 in [...]

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Factory orders continued their solid advance in December, up another 1.0% on top of their 1.0 percent gain in November and 0.8% percent gain in October. The advance is strong in durable goods and non-durable goods, both up 1.0%.   Perhaps most encouraging is a capital goods reading that also shows strength in the month. Thursday’s [...]

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H.R. 627 The Credit Card Act of 2009 is a sweeping reform of credit card law. Many consumers are concerned over how this act will affect their spending capacity throughout the new year. The act is called into effect in February, meaning consumers will have very little time to determine how to use the act [...]

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Pamela over at Atlas Shrugs has been doing an exceptional job exposing the Jihad bailout of AIG.  To go along with being a terrible hedge fund manager in AIGFP, it just so happens that “AIG was (and still is) the world leader in promoting Sharia-compliant insurance products.”  The problem?  As noted in the press release [...]

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On Monday the Institute for Supply Management said that the U.S. factory-sector booked its best performance in more than five years in January. Hiring continued to recover and the rate of month-to-month growth was driven by a red-hot pace of new orders that is now accelerating higher each month.
The ISM report points to exceptional overall [...]

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To round out the first month of 2010, reports this past week all painted positive business signs for the year to come.
As we’ve been predicting for quite some time, GDP for Q4 was anything but lackluster. The gross domestic product rose at a 5.7% annual pace, the Commerce Department reported Friday, up from a 2.2% [...]

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So far this week, we’ve continued a string of good news following last week’s focus on banking reform. More specifically reports on consumer confidence and the housing market confirm the worst of the recession’s detriments are now behind us.
First in December, existing home prices firmed significantly — up a sizable 4.9% on the median to [...]

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Robert Shiller wrote a recent New York Times editorial, suggesting that the United States Government sell shares of the gross domestic product (GDP), similar to how corporations sell stocks. Mr. Shiller is obviously a very smart person. He is an economics professor at Yale University and authored various books on finance and the economy. He [...]

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This preliminary study started with a blog post I did several months ago entitled “New Jersey, the Sorry State”, a deep dive into Bureau of Labor Statistics data showing that my state is hardly generating employment outside the government sector.
The blame for this sorry state of affairs I heaped on NJ’s political culture, which is [...]

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Ann Elk: Where? Oh, what is my theory? This is it. My theory that belongs to me is as follows. This is how it goes. The next thing I’m going to say is my theory. Ready?
TV Interviewer: Yes.
Ann Elk: … This theory goes as follows and begins now. All brontosauruses are thin at one end; [...]

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