Author: Bonddad

Today’s Economic News

DIA -.03%, Spy -.06%, QQQQ +.31% 10-Year Treasury +1/32 to 4.17% Oil +29 cents to $57.52/bbl Dollar +.4% versus euro, near unchanged versus yen The markets ended the week in a meandering mode.  Although the general economic...

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Today’s Economic News

DIA +.65%, SPY +.25%, QQQQ +.99% 10-year Treasury -1/8 to 4.18% Oil -$2.21 to $57.80 Dollar +.4%/Yen, near unchanged versus euro The markets rallied on a string of solid news.  First, retail sales rose 1.7% last month....

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Pro Democracy = Pro Union

Unions have gotten a bad rap for a variety of reasons.  The organized crime connection was clearly their fault and caused some very negative and well-justified backlash.  Unions also have some pretty antiquated and...

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Bush Administration Pisses Down on Middle Class

“The wages of typical workers are treading water, growing roughly at the same rate that inflation eats into their buying power. Last week, the Labor Department reported that average wages for production and nonsupervisory...

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