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Europe and the U.S. continue to be mired in the economic doldrums. In the second quarter Europe’s GDP grew a paltry .2% over the prior quarter. Euroland’s economic locomotive Germany stalled at an anemic .1% growth. Across the pond the U.S. eked out .3% GDP growth. June U.S. and European unemployment rates were a stubbornly… » read more

Posted by Eric Grover

The world’s largest economy remains mired in the deepest recession since the Great Depression. The Bureau of Economic Analysis reported the US economy grew at an anemic 1.3% in the second-quarter growth and revised first-quarter growth downward to a paltry .4%. The American economic malaise is a drag on and danger to Europe and indeed… » read more

Posted by Eric Grover