Financial Guidance

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Recent Blog Posts

September 7, 2011: Libya and Syria: Winners and Losers

The Arab Spring has notched one more victory with the... more »

August 31, 2011: Canada's Economy Contracts

The Canadian economy contracted by 0.4% in the second... more »

August 30, 2011: VIEWER BLOG

I just wanted to comment on the decision of the US Federal... more »

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Typically, unemployment is a lagging indicator in that it tends to follow, rather than precede, economic expansion. However, employment can also catalyze further growth. Seventy percent of America’s economy is powered by consumer spending, which means that it only grows if people buy things

President Barack Obama meets with, from left, Treasury Secretary Timothy Geithner, National Economic Council Deputy Director Brian Deese, National Economic Council member Katharine Abraham, and Senior Advisor David Plouffe, in the Oval Office following the release of the monthly employment report, Sept. 2, 2011. (Official White House Photo by Pete Souza)

Financial Guidance (09|05 - 09|11)

No Jobs, Little Growth

If the US cannot recover in full, neither will the global economy. While Europe is focused on currency and sovereign debt concerns, and rightly so, it should be understood that earnest global economic expansion cannot occur until...