Inquiring minds are interested in figuring out how long it might take to get back to "full employment" defined as 5%.John Mauldin touched upon this theme in Unemployment: Welcome to the New

One thing I like about Janet Yellen is that unlike Bernanke and Greenspan, she speaks understandable English and isn’t prone to sugar-coating everything. I disagree with much of what she says,

Minyan Morning Memo One to watch: Lowes' (LOW) logo is accompanied by the words “Let’s build something together” but it appears to have been bested by Lego this morning. While

I’ve been following a number of unemployment charts showing just how bad the current recession is. Click on any chart to see a sharper image.Job-Loss RecoveryClick to enlargeThe last 3 recessio

Retail, office, and industrial real estate are all suffering to various degrees.Let's take a look at all three, courtesy of CoStar, starting with Rapidly Falling Prices Changing Dynamics of Office Le

Senator Barack Obama is a either a naïf or a ninny. Based on his tax proposals, the key to any economic program, the nincompoop out-points the naïf. Here’s why: Obama proposes to rais

Imagine you’re running a marathon. Against incredible odds, you’re in first place. The finish line is just yards away; as you cross it, triumphant, the feeling of ecstasy immediately vani

Volatile swings and crushing losses in the stock market are enough to drive you crazy. Literally. The phones of psychologists in New York have been ringing off the hook as Wall Street’s executi

While October may be the cruelest month, its final week was even crueler: It gave us false hope. The Dow was up 10%, the S&P was up 11% - their biggest one-week gains since 1974. Even staid blue-

BRIC Stocks Cheap, ScaryEven after a record 20% gain in emerging-market stocks last week, some of the world’s biggest money managers think tougher times lie ahead for the BRIC nations (Bra