Business Cycle & Economics Blog of Caleb Lawrence
With 2009 into the history books I look to 2010 and hope that it will be the year things get better as life is a lot more fun when the economy isn’t going down the drain. Credit where credit is due the government did a yeoman’s job of arresting the panic of early 2009 and [...]
Stocks moved higher in late trade on ostensibly good news. Initial claims for unemployment took a surprise drop of 43,000 to 440,000 last week, a volatile series, the more reliable 4-week moving average fell just 1,000 to 468,500. RealtyTrac reported a nearly 10% decline in foreclosure activity during January to 315,716 events. From a year [...]
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. 
