Monthly Archives: October 2010

This morning Lakshman Achuthan, Economic Cycle Research Institute, says at the end of October his leading indicator index is showing definitive evidence of a slow recovery but “no double dip recession any time soon.” Hopefully he is right. He notes … Continue reading →

Here is something people without wealth frequently miss: unlike the masses who are clamouring just to get a few dollars, those who have amassed a large chunk of their life savings already, have something to lose! There are just 10 … Continue reading →

The governor of Washington State thinks famed banking analyst Meredith Whitney is wrong. Responding to Whitney’s comment in late September that states resemble banks just before the financial crisis, Governor Christine Gregoire, a Democrat, said, “We’re in crisis mode. We … Continue reading →