In 2009, David Twibell, President & Chief Investment Officer of the Private Wealth Management Group, blogged about nearly every important economic topic that matters to clients. To read all of these postings, click on All Posts above.

Aussie Dollar Keeps Rising:  Today the Reserve Bank of Australia – the equivalent of our Federal Reserve – raised their target interest rate for the third time in three months, to 3.75%. Throughout the financial crisis the RBA has kept rates much higher than the Fed and, as a ...

Black Friday, Part II:  Following up on my earlier post regarding Black Friday retail sales, we now have some data to report.  Black Friday sales rose by $54 million, or 0.5%, to $10.7 billion from last year according to retail research firm ShopperTrak.  Moreover, the National Retail Federation estimates about ...

Black Friday Sales Shine:  From Bloomberg News – “Retailers reported ‘strong’ shopper traffic on Black Friday as discounts on televisions, toys and computers drew budget-conscious crowds across the U.S., the National Retail Federation said. High-definition TVs, laptops, Zhu Zhu Pets robotic hamsters and winter coats were among the most ...

Here We Go Again:  Wall Street bonuses are set to jump by 40 percent this year to a near-record $30 billion.  Of this, almost $20 billion is attributable solely to a single firm -- investment banking heavyweight Goldman Sachs.  This works out to an amazing $527,192 per employee and ...