Economics is not a complicated science. This may not seem obvious to you if you've following the news from Washington, where a cabal of politicians, financiers and lobbyists have been spent the last several weeks desperately making a series of increasingly complicated, expensive, and ultimately unsuccessful...
The New York Times has an article titled For Bernanke, a Question of Toughness . Here is an excerpt: Is the Federal Reserve’s chairman, Ben S. Bernanke, too nice for the job? That’s the view of many on Wall Street, who argue that with the stock market falling, unemployment rising and the economy flirting...
In this article from Fortune, the author tries to make the case that you don't know you're in a recession until months after it starts. The author writes: Investing successfully is about looking ahead, while determining whether we're in a recession involves looking behind. Way behind. We...