World Economy Stalling

The economic numbers for the US remain positive, albeit they are weakening. The latest statistics are initial jobless claims for the week ending August 25 and personal income and spending for July. The jobless claims rose slightly for the week and the income/spending...

Confusing Economic Stats

The economic news these days is anything but clear and informative. It is mainly confusing and contradictory. The latest information on consumer confidence is both positive and negative with the Conference Board reporting the best numbers in almost 18 years. Meanwhile...