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Economic Recovery Continues to Stall

Data are what they are. I do not cherry-pick economic releases – I try to analyze all released reports that were issued during the week. Full Article at Seeking Alpha

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  1. NEW YORK (Reuters) – U.S. stocks jumped on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems (CSCO.O) suggested a rebound in technology spending. Full Article at Town Hall

  2. New York: US stocks jumped on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems suggested a rebound in technology spending. Full Article at livemint.com

  3. WASHINGTON — Worker productivity surged at the fastest pace in six years, labor costs fell and unemployment claims were lower than forecast, signaling companies might be preparing to start hiring again after cutting costs to the bone. Full Article at Austin American-Statesman

  4. We've sent an email to containing a URL you'll need to follow to verify your account. You should receive the email within the next few minutes. Full Article at Globe and Mail

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  1. U.S. President Barack Obama tours Allentown Metal Works in Allentown, Pennsylvania, December 4, 2009. Obama urged corporate America to help tackle the nation's highest unemployment in 26 years but also hinted at federal tax credits and aid to states to ease jobless woes.
  2. NEW YORK - NOVEMBER 23:  Job seekers attend the 'Operation: Hire Veterans Career Fair' sponsored by the Department of Labor at the Intrepid Sea, Air & Space Museum November 23, 2009 in New York City. The job fair was expected to attract at least 2,500 applicants as the economy continues to sputter.
  3. SAN FRANCISCO - NOVEMBER 23:  Workers sort through boxes of squash in the warehouse at the San Francisco Food Bank November 23, 2009 in San Francisco, California.
  4. U.S. Federal Reserve Chairman Ben Bernanke smiles during comments made by a senator during a Senate Banking, Housing and Urban Affairs Committee hearing on his nomination to continue as Chairman of the Board of Governors, on Capitol Hill in Washington, December 3, 2009.
  5. WASHINGTON - DECEMBER 03:  Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee on his re-nomination to the position December 3, 2009 in Washington, DC.
  6. ST ANDREWS, SCOTLAND - NOVEMBER 07: The Chairman of the U.S. Federal Reserve Ben Bernanke (R) holds his hands to his face as U.S. Treasury secretary Timothy Geithner reads papers behind him during a break at the G20 Finance Ministers meeting on November 7, 2009 in St Andrews, Scotland.

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