As originally published at RealClearMarkets.com. By Robert Romano — The Federal Reserve shocked markets on Aug. 1 when it decided to do nothing . Do nothing new, that is. Particularly, no QE3 — i.e. a third round of quantitative easing, or printing money to purchase U.S. treasuries and other securities. Markets immediately started tanking, and continued, through Aug. 2 before finally recovering on Aug. 3. Traders […]

The unemployment report is up to 8.3 percent. Bill Wilson , president of Americans for Limited Government responded: The economic bad news of Obama’s failed economic plan keeps cascading down on the American people.  Today’s unemployment rate of 8.3 percent is shocking in that it is not […]

By Bill Wilson — Sep. 2012 looks to be an interesting month, with a confluence of factors that pose considerable downside risks not just for the U.S., but the global economy — any of which could send us, with anemic growth of just 1.5 percent for the […]

By Bill Wilson — With the tepid 1.5 percent annualized growth in the Gross Domestic Product (GDP) for the second quarter of 2012 in the U.S. reported by the Bureau of Economic Analysis , it is official. We’re Japan. Where no matter how much money we print via the Federal Reserve’s so-called quantitative easing, […]

By Bill Wilson — The fallout continues to be felt by the Barclays scandal to fix its published Libor (London InterBank Offered Rate) in 2008, the rate at which banks would lend to one another. These are supposed to be based on the bank’s actual borrowing costs. […]

By Rick Manning — They say a picture is worth a thousand words, these are the easy to understand graphs that Team Obama doesn’t want people to see, because they speak volumes about his failed economic policies.  Unless otherwise indicated each of the graphs are from the […]

By Rick Manning — Years ago, my Norco High School geometry teacher used to exclaim, Aha!! Contradiction, when a solution did not meet the facts presented.  Those two words sent students scurrying to check our assumptions because one of them had to be false, because there could […]

The unemployment rate held steady at 8.2% with only 80,000 jobs added in the month of June–a number lower than the Obama administration had been peddling. ALG President Bill Wilson had this to say on the dismal report: “The only really good news out of the just […]

By Bill Wilson — Today in Brussels, European leaders are again convening for the umpteenth time to attempt to bring resolution to the sovereign debt crisis that is plaguing the continent — and the global economy at large. Call it the Politeuro. There, German Chancellor Angela Merkel […]

By Kevin Mooney — Contrary to some of the key findings included within a new U.S. Government Accountability Office (GAO) report, unemployment is actually much worse among younger workers than older workers, according to recent congressional testimony. The GAO report r ecommends that lawmakers intervene on behalf of […]