Ceiling at 16: California’s Lack of Recovery

Ceiling at 16: California’s Lack of Recovery

"The bigger story however is that, in addition to making a lower low in 2010, California employment never regained the 16 million mark first achieved early last decade. This is yet another way to understand how the American economic system, while still increasing in population, is no longer producing the economic flows required to function normally. That the declining marginal value of government spending would eventually reveal itself is no surprise. Indeed, as had been pointed out on this blog previously, California data warned of a possible new economic downturn in the US as early as December, 2010."

Inside Story - Is any economy safe? (great video reviewing what US/Global economy facing!)

Inside Story - Is any economy safe?

3 American Banks EXPOSED MOST to the European Debt CRISIS

3 American Banks EXPOSED MOST to the European Debt CRISIS

U.S. Consumer Sentiment Falls More Than Expected to 54.9 (LOWEST level since May 1980)

U.S. Consumer Sentiment Falls More Than Expected to 54.9 (LOWEST level since May 1980)

"The Thomson Reuters/University of Michigan preliminary index of consumer sentiment slumped to 54.9 from 63.7 the prior month. The gauge was projected to decline to 62, according to the median forecast in a Bloomberg News survey.

The biggest one-week slump in stocks since 2008 and the downgrade of country’s top credit rating may be exacerbating consumers’ concerns as unemployment hovers above 9 percent and companies are hesitant to hire. Rising pessimism poses a risk household spending will cool further, hindering a recovery that Federal Reserve policy makers said this week was already advancing “considerably slower” than projected."

Groupon updates IPO filing, ADMITS it's unprofitable

Groupon updates IPO filing, admits it's unprofitable

S&P 500 chart triggers "DEATH CROSS"

S&P 500 chart triggers "death cross"

"NEW YORK (Reuters) - The S&P 500 <.SPX> triggered a key technical signal called a "death cross" on Thursday that could mean more negative moves ahead.

The benchmark's 50-day moving average dipped below its 200-day average in what technical analysts consider a sign that short-term momentum has turned more negative than long-term momentum and could show the current downtrend is pervasive. Both moving averages are currently heading lower."

EU Joint Statement: Let's form proactive synergy restructuring teams - Scott Adams

Let's form proactive synergy restructuring teams. 
Scott Adams