Monthly Archives: October 2014

The Oil “Pipe Dream”

While it’s nice to have low oil prices, and thus low gas prices, the fact is that there is an oil price war going on between OPEC and everyone else in the world. OPEC is not happy that the United … Continue reading

Posted in Demand, Economics, Environment, Markets, Politics | 1 Comment

When Good News is Bad: The Jobs Edition

Yesterday’s jobs report (for September) was the most depressing I’ve seen yet since 2008. Unemployment fell to a pre-recession low (5.9%). New jobs were added to both the BLS numbers and the ADP Payroll report. That has to be great … Continue reading

Posted in Economics, Labor, Macroeconomics, Political Economy, Statistics | Leave a comment