Black Friday sales may be the harbinger of a significant surge in consumer confidence that could fuel our economic recovery.
After a period of growth and semi-stability where many hoped that the worst of the market volatility was behind us last month we experienced dramatic downturns not seen since the dark days of 2008. Some will blame the Dow’s freefall on Standard & Poor’s decision to downgrade U.S. Government debt from its AAA to a lesser AA+ credit rating.
I am sure the hearts and minds of every American reflected with great sadness on the events that took place ten years ago.  Our thoughts and prayers go out to everyone who lost a loved one on 9/11 or as a result of the terrorist attacks on America.
Following Standard & Poor’s downgrade of U.S. debt during the week of August 10th investors pulled $40.3 billion out of long-term mutual funds of all types according to the Investment Company Institute (ICI).
The massive March 11th earthquake and tsunami that devastated northeastern Japan left more than 18 000 people dead and thousands more are still missing. Close to half a million people have been displaced and the nuclear crisis at the Fukushima Dai-ichi plant has the public’s fear mounting.
Last week on March 9 2011 the world celebrated the two-year anniversaryof the low point in the global markets the point of maximum pain and panic following the 2008 financial crisis and Great Recession.
Between 4 percent and 14 percent of Americans who otherwise would have had a sufficient income stream in retirement became “at risk” of running short because of the housing and financial crisis of 2008-2009 according to a new report “A Post-Crisis Assessment of Retirement Income Adequacy for Baby Boomers and Generation Xers” by the Employee Benefit Research Institute
The question posed in the title of this blog has a double meaning–jobs as in employment and Jobs as in Steve Jobs of Apple.