Monthly Archives: July 2013

On Tuesday, the International Monetary Fund cut its global economic forecasts to 3.3% for this year and 3.8% next, citing primarily slower growth in key developing nations as well as a deepening recession in the Eurozone. The IMF also noted … Continue reading →

Ahead of the FRONTLINE premiere of “Two American Families,” Bill Moyers explores how middle class families are surviving. Twenty-two years ago, Bill Moyers started documenting the story of two ordinary families in Milwaukee, Wisconsin — families whose breadwinners had lost … Continue reading →

Equity analysts are perpetually bullish–except at the bottom of recessions where they notoriously capitulate to the recency effect and forecast a continuing plunge in earnings just as sales turn up. As a result, equity analysts are as utterly useless as … Continue reading →