Tag Archives: unemployment

Approaching a market top?

A weird complacency seems to have settled over Wall Street. Stock prices are at a record. The S&P 500 broad index, currently at 1950, is remorselessly approaching 2000. It’s been climbing with hardly a pause for breath for more than five years. That’s … Continue reading

Posted in debt, financial markets, risk | Tagged , , , , , , , | 1 Comment

Phantom recovery

Highlights from yesterday’s US Government press release on jobs: unemployment down in one month from 7% to 6.7%; 74,000 new jobs created in December. Sounds OK doesn’t it? The economy must be recovering … (Wall Street rose a bit on … Continue reading

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Politicians under pressure … democracy tested

Five or more years past the global financial crisis we are seeing more big trends that show just what a tipping point 2008 was. In 2008 and 2009 many changes were obvious: falling stock markets; falling prices; wealth destruction; massive … Continue reading

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Freelance work

Last week saw the listing on the ASX of Freelancer Ltd It caused some excitement in the business media because the 50 cents shares shot up to $2.60 when the shares first listed last Friday before settling back to $1.60 … Continue reading

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Knowledge work

What a week! Lightning strike. Without computers, the internet and phones, we were crippled. So, no alternative but to call in the “techo cavalry” and put in huge hours and effort into restoring the infrastructure of the business. After almost … Continue reading

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The pain in Spain

The 2013 Spanish peak tourist season ended in September. And, as a consequence … … the number of registered unemployed in Spain went up by 87,000 in one month between September and October. Data published last Tuesday by the Ministry … Continue reading

Posted in employment | Tagged , , , , , | 2 Comments