Fewer Hires Means Fewer Fires – Ep. 83
* S&P responds to bad news with new high; DJ just barely off record high * Dollar continues to fall * The currency traders still have not accepted the significance of bad news * Lower dollar will b...
17 Touko 201520min
U.S. Economy Teetering on the Brink of Recession – Ep 82
* Another week and another round of bad economic news * Wall Street may be finally paying attention * JOLT Report projected at 5.158 million; came in at 4.994 million * April Retail Sales expected ...
14 Touko 201519min
The April Jobs Report and My Encounter With Ben Bernanke – Ep 81
* First official jobs report of Q2 * Wednesday's ADP private payrolls were below expectations * March was revised down, indicating a softer labor market * Challenger job cuts numbers well above pre...
8 Touko 201530min
Bloom Rapidly Coming Off Recovery Rose – Ep 80
* Upcoming Appearances * Thursday morning panel at the SkyBridge Capital SALT Conference in Las Vegas * Liberty Forum - Salt Lake City * MoneyShow - Las Vegas * Economic News for the Week: Marc...
5 Touko 201520min
Spring Has Sprung, But U.S. Economy Still Snowed In – Ep 79
* Markets on roller coaster ride final two trading days of this week * Bad news parade marches on in April * The players are still clinging to fantasy of U.S. economic recovery * Dollar finished do...
2 Touko 201529min
Will the Fed Run Out of Excuses as the Weather Warms?
* Government's first look at Q1 GDP * There was a lot of optimism around Q1 with expectations above 3% * Actual GDP was 1/5 of expectations at.2% * The rest of the story of Q1 GDP: * The deflator ...
2 Touko 201523min
Minimum Wage, Maximum Stupidity – Ep 78
* The Keynesian myth of mandating prosperity actually hurts the lower middle class and the working poor * Something for nothing is appealing to voters, so politicians make empty promises that are goo...
28 Huhti 201524min
Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77
* S&P and the NASDAQ made new record highs * Stock market continues to ignore all the bad news about the economy * Bad news is not being ignored in the foreign exchange markets * Negative economic ...
27 Huhti 201520min
