Billionaire Ponzi scam…

Another week has passed, and there were quite a few major economic reports that were released this week. Depending on what currency pair or pairs that you’re following, there’s a lot of information out there to digest. U.S. unemployment reports shows double digits unemployment in most of the Western states, and another billionaire is caught in a trail based on a Ponzi scam. 

Still, for all the bad news, there does seem to be a lot of optimism that there is a shift towards a little bit more spending, a shift towards a more normal economic situation.  Many economists, consumers, and retailers alike are still hoping that the worst of the economic slump will be ending this year, giving the foundation to a recovery through next year. 

There are a lot of reports to jump into this week, and without one huge report that takes the spotlight from all the others, there’s no reason to delay any more, so let’s jump into this week’s installment of the week in review.

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