Monthly Archives: June 2013

the economic surprise of the week was that the economy grew a whole lot slower in first quarter of this year than previously reported, and it looks even uglier on closer examination of the factors that contributed to that “growth”…based … Continue reading →

   the financial news of the week came as a result of the two day meeting of the Fed’s Open Market Committee, which really produced no news on its own; the statement barely changed from the statement issued after the … Continue reading →

just so you don’t forget, we still have an inane debt ceiling hanging over our heads. whereby the Treasury is prohibited from issuing additional Treasury script to pay for the programs that congress has already mandated, until such time as … Continue reading →

the report on the Employment Situation for May from the Bureau of Labor Statistics was pretty much on par with expectations and not much different than the average of what we’ve been seeing over the past year;  seasonally adjusted payroll … Continue reading →

delinquent & foreclosures: seizures as a percent of inventory: timeline differences: loan counts and days delinquent: states noncurrent table:

Friday of this week saw the release of both the Annual Report by the Trustees of Social Security and the Annual Report by the Medicare trustees, covering condition and changes for both trust funds in 2012; for the year, Social … Continue reading →