Capital Commerce


February 2007


Don't Use the Market to Predict a Recession

Does Wall Street's swoon mean there's a recession on the way? I think JPMorgan economist Jim Glassman summed up the current situation pretty well to me late yesterday: "The question is, does a recession seem a plausible scenario in the current circumstances ... with inflation near post-World War II ...

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TAGS:
economy
recession
innovation

What if America Had an Innovation Czar?

The global economies that will fare best this century are those that will be the most innovative and productive. Think-tank wonks and Wall Street economists give this topic a lot of thought. But smart guys outside the 212 and 202 area codes have just as many good ideas–probably more. So I decided ...

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TAGS:
innovation
economy

Perky Economy Starts to Relieve Worker Angst

Maybe the U.S. economy added 111,000 jobs last month, but maybe it didn't. Given that the Labor Department later revised higher its monthly jobs numbers 75 percent of the time last year, there's a good chance the final number for January will be somewhere north of 111,000. (More than one economist ...

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TAGS:
economy
employment
consumers

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