RCD

Productivity Should Rise as Unemployment Rises: It Isn't

Employment (or unemployment for that matter) lags and so does productivity.

Meredith Whitney Threatens Severe Deflation For Your Portfolio

Her appearance on CNBC was not until 4:15, after the market closed. So how did she affect Thursday's market? You think she is not credible? Her analysis has been confirmed by events that have included massive balance sheet writedowns. She has been far more realistic than the rabble of pump monkeys on CNBC, who have long claimed that the worst is over and its all contained.