Monthly Archives: December 2011

Rhode Island is trying to boost its finances and fend off downgrades as it passes a broad reform of its pension system, with Gina Raimondo, Rhode Island general treasurer. The way to solve fiscal problems is to leave politics aside, … Continue reading →

Today stock markets are springing back on low volume from a streak of losses in December and year to date. Big bursts of headline-hope is a recurring feature of on-going bear markets. Today there is another wave of relief inspired … Continue reading →

Two charts worth noting today. One courtesy of John Williams via John Hussman showing the dramatic decline in the hard-to-fudge totals for Federal Withholding Tax deposits over the past six months.  Whereas payroll earnings numbers have improved over the past … Continue reading →