Recent Articles By The Author
Layoffs Are Up! All Other Labor Measures on Yellen's 'Dashboard' Are Down
Don't expect tight money from Janet Yellen's Fed until 2015 at the earliest.
Were 2013 Corporate Profits Wildly Overstated?
Alternative measures of corporate profits and profit growth paint a sombre picture, unlike the findings of a recent Societe General report.
Household Debt, Net Worth on the Rise -- What Does It Mean?
Higher household net worth and debt are up, but the impact on the economy is ambiguous.
How We Know a Recession Isn't Imminent, in One Graph
The Fed's Thursday release of fourth-quarter 2013 Flow of Funds data delivers some reassuring news.
Hiking Minimum Wage is All About Creative Destruction
Yeah, higher minimum wages kill some businesses and their jobs. But better firms replace them.