There has been a lot of discussion lately about the effectiveness of President Obama’s Economic Stimulus plan. Depending on whom you listen to and what day it is, the total cost fluctuates. Let’s just say that it is north of $800 billion US. With that being said, I am not convinced that what he and [...]
The Conference Board announced yesterday that the leading index continued to fall in November, down another 0.4% m/m. This is after a downwardly revised .9% percent decline in October. This decline was lead by large declines in building permits, stock prices, and initial unemployment claims. All of these issues continue to overshadow the continued positive [...]
