Markets, Rate Hikes, and Student Loans – Ep. 60
* The NASDAQ 5,000 party ended nearly the day it began * NASDAQ down more than 80 points * Dow Jones down 332 points * Outside reversal week a reliable pattern signaling a downturn * The market be...
11 Maalis 201517min
U.S. Economy Not Nearly as Strong as Payrolls Suggest – Ep. 59
* February Non-Farm Payrolls Number - 295,000 jobs * Unemployment down 5.5% * Analysts were expecting a miss * Dollar at a new high * Productivity dropped 2.2% * Factory orders fell for the 6th c...
7 Maalis 201544min
Polish Central Bank Joins 2015 Rate Cutting Party – Ep. 58
* Poland became the 21st country to lower interest rates this year * New record low to 1.5% * Polish economy is strongest in three years * Growing faster than the U.S. economy * Policy conundrum: ...
5 Maalis 201521min
This Time It Is Different – It’s Worse – Ep. 57
* First trading day of march - NASDAQ closed above 5000 for the first time in 15 years * Each time the market goes up with crazy valuations, pundits say, "This time it's different." * This time the ...
3 Maalis 201526min
Shocking Admission & Denial from Alan Greenspan
* Government released revised estimate for Q4 GDP * Initial estimate was 2.6; revised down to 2.2 * Economic growth dipped from 5% in Q3 to 2.18% in Q4 * PMI was expecting 58.7 but plunged to 45.8,...
28 Helmi 201523min
Fed Might Begin Thinking About Raising Rates at Some Point – Ep. 56
* Janet Yellen's prepared remarks were the most dovish yet * If economy is improving, why do we still need "a high degree of accommodation?" * There is still room for "substantial improvement in the...
26 Helmi 201530min
Hollywood Hypocrisy and Gender Pay Gap Fiction – Ep. 55
* Patricia Arquette claims that there is a still an unfair gender wage gap in the labor market * If that were true, all employers - male and female - would hire women first, because they are more cos...
24 Helmi 201529min
Fed’s Open Mouth Operations Having Complications – Ep. 54
* Two days of bad economic news this shortened week * The Fed still says the economy is recovering * Recent FOMC minutes maintains pretense they can raise interest rates * FOMC members are worried ...
19 Helmi 201520min
