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by Michael Ashton on September 3, 2009
While there are still no real signs of recovery, other than the bounce from the post-Lehman crisis mode back to "normal recession" mode, this is what I would start looking at in current labor force data to identify a real turn. Read more »
by Michael Ashton on September 1, 2009
Commercial Bank Credit continues to plumb new depths and is most definitely not headed the way the Federal Reserve would like it to. Read more »
by Michael Ashton on August 31, 2009
An imaginary Presidential speech suggesting a resolution of the great twin liabilities, Social Security and Medicare. Read more »
by Michael Ashton on August 20, 2009
Buffett versus Hummels. Buffett wins. Read more »
by Michael Ashton on August 17, 2009
The unique decline in Owners' Equivalent Rent in Friday's report will help the Fed to make its next error. Read more »
by Enduring Investments on August 14, 2009
The recent "green shoots" are not out of the normal expectations investors should have. People thinking this is an exceptionally strong recovery are likely to be disappointed in the weeks ahead. Other than the Lehman bankruptcy, everything is moving like one would expect from a normal recession. Read more »