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Wal-Mart’s Pay Hike: Good for Employees, Good for the Economy 02-23-15

Wage growth in this country has stagnated since the 1970s. In our century, actually wages have shrunk, a topic we’ve discussed on numerous occasions. And the decided lack of wage inflation is a primary reason why this country now flirts with deflation. Read more about Wal-Mart’s Pay Hike: Good for Employees, Good for the Economy 02-23-15

Clouds Gather Over Sunny Athens 02-17-15

Talks between Greece and euro group finance ministers broke down yesterday as regards a route through the latest impasse. The Greek banking system remains under duress and its current aid package will expire at the end of the month. Without additional financing, Greece will soon run out of cash. Read more about Clouds Gather Over Sunny Athens 02-17-15

Oil: Bull Market Resumption or False Start? 02-09-15

The last few weeks have seen oil staged its most impressive rally in nearly two decades, with West Texas Intermediate near $53 a barrel and Brent in London north of $58. The powerful advance has sparked considerable talk of a new bull market getting underway. Read more about Oil: Bull Market Resumption or False Start? 02-09-15

Six More Weeks of Excessive Worrying 2-2-15

It’s Groundhog Day and, if we’re to believe a certain furry Pennsylvania resident, he forecasts six more weeks of winter. On the other hand, rival prognosticator woodchucks elsewhere in the U.S. today offered more up-beat assessments. Similarly, economists stand divided as to where the U.S. economy is headed. Read more about Six More Weeks of Excessive Worrying 2-2-15

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