Daily Archive: Thursday, March 24, 2011

US Approaching Insolvency, Fix To Be ‘Painful': Fisher

I waited a couple of days before doing this thinking there might be some retractions. Or some serious mainstream push back. But apparently not. Apparently this high ranking Fed official, as well as the mainstream financial press, actually believes the US Government could lose it’s ability to make payments, demonstrating they all ...Read More

Claims/DGO

Karim writes: More positive signs for the labor market as initial claims fall another 5k to 382k; more importantly, claims are now steadily below 400k (5 of the past 7 weeks) DGO ex-air and defense fall 1.3%; Core shipments rise 0.8% Slight upward revisions to both core orders and shipments for January ...Read More