Jobless Claims in U.S. Increase Less Than Forecast - Bloomberg
Average jobless claims are now running a full 60,000 below the year ago level. That says we are still in recovery and should be for a while.
Manufacturing in Philadelphia Region Expands by Most Since 2011 - Bloomberg
"The Federal Reserve Bank of Philadelphia’s general economic index jumped to 22.3 this month from 9.3 in August. Readings greater than zero signal growth in the area, which covers eastern Pennsylvania, southern New Jersey and Delaware. Measures of orders, sales and factory employment increased at faster rates in September, while a gauge of the six-month outlook was the strongest in a decade. "
Mossberg Leaves Wall Street Journal as AllThingsD Talks Fail - Bloomberg
"Walt Mossberg will end his two-decade tenur...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.