Falling Jobless Rate Sends Reassuring Recession Message

Posted by Mark Pettinga

The unemployment rate has mostly risen when a recession was imminent. The signs today point the other way—to a decent economy.

Financial indicators, from the bear market in stocks to widening credit spreads, are signaling the likelihood of recession. Fundamental indicators, by contrast, are signaling … Read More »


Here Comes $20 Oil

Posted by Mark Pettinga

Oil bulls, take heart. The last leg of the bear market that began in mid-2014 is probably in sight, as marginal producers fall by the wayside. Supply cutbacks should bring a rebound in the price of crude by the second half of 2016.

But before … Read More »