Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26
Missing expectations on all economic indicators

* Chicago Fed index .14
* PMI flash services 56.3
* Dallas Fed Manufacturing 10.5
* Case Shiller Index slows down to 4.9%
* Consumer Confidence number down to 88.7M
* Oil prices continue to fall
* Big drop in Richmond Fed 75% below estimate
* Optimism fueled by debt, consumption and bubbles

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Jaksot(1120)

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Government Can’t Do Anything Right – Ep. 220

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Will Trump Follow Obama In His Failure To Deliver? – Ep. 219

Will Trump Follow Obama In His Failure To Deliver? – Ep. 219

* The NFIB Index of Small Business Optimism in the month of December, so this is post the election of Donald Trump * Shot up from 98.4 in November to 105.8 * This is the highest level in 12 years ...

11 Tammi 201737min

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* Yesterday we got the final jobs report of the Obama era, * We got the December Non-Farm Payroll. * Now technically, when we get the January number, the first Friday of February, * Half of that...

7 Tammi 201738min

Bitcoin Again Approaches Parity with Gold – Ep. 217

Bitcoin Again Approaches Parity with Gold – Ep. 217

* This is another big week for economic data; it is a holiday-shortened week * On Friday we get the big Non-Farm Payroll report * If it's a good number, somehow Donald Trump will try to take credi...

5 Tammi 201725min

Hollywood Minimum Wage Hypocrisy – Ep. 216

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31 Joulu 201641min

Ep. 215: Irrational Exuberance Trumps All

Ep. 215: Irrational Exuberance Trumps All

* The Dow 20,000 party is going to have to wait - at least for another day * The Dow was down a little bit today - 23 to 19,918 * The broader market was a bit weaker than the Dow * The markets c...

23 Joulu 201630min

Fed Fakes Confidence With Another Dec. Quarter Point Rate Hike

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* On Wednesday, the Federal Reserve did exactly what they did last year * They waited until the last possible meeting to nudge the Federal Funds rate by 1/4 of 1% * So now, after 2 years of tighte...

16 Joulu 201637min

A Candidate’s Bubble Is a President-Elect’s Bull Market – Ep. 214

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* It's been a while since my last podcast and I've gotten quite a few emails from people wondering what happened to me * I was out of the country for about a week, and I did manage to get one podcas...

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