US economic recovery


U.S. recovery’s 5th Labor Day… and still counting

SAO PAULO | By Marcus Nunes | Unfortunately, there´s not much to celebrate on this Labor Day. I start by showing what to me is the most telling chart of all concerning the labor market and which I believe contains the “seeds of destruction” in so much as it destroys skills and the likelihood of a return to meaningful employment in the future.

No Picture

Who is behind US economic recovery?

NEW YORK |The Federal Reserve is perhaps one of the most important political factors behind the slow but steady US economic recovery -the country is growing at a 2.5% pace a year despite Europe’s recession and China’s slowdown-. But also, and here comes a problem, America’s central bank could be behind the crazy Wall Street rally.