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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Episoder(1120)

Trump Tax Cuts To Starve The Beast – Ep. 244

Trump Tax Cuts To Starve The Beast – Ep. 244

Summary: President Trump actually delivered on his promise of the largest tax cut in American history, and he delivered it on time.  Trump may have presented a plan with built-in bargaining positions,...

27 Apr 201734min

Spending, Not Taxes, Measures Government’s True Burden – Ep. 243

Spending, Not Taxes, Measures Government’s True Burden – Ep. 243

Summary: Government spending creates the greatest drag on the U.S. economy.  Cutting taxes, even the "biggest tax cut ever" cannot stimulate the economy alone.  So if you're fed up with paying taxes, ...

22 Apr 201741min

Crowd Beginning To Exit Long Dollar Trade – Ep. 242

Crowd Beginning To Exit Long Dollar Trade – Ep. 242

Summary: Goldman Sachs is no longer recommending a long trade on the dollar. The dollar was previously regarded as a conviction trade, first over speculation over Fed rate hikes and then over Trump ex...

19 Apr 201732min

Is Donald Trump The Next Jimmy Carter? – Ep. 241

Is Donald Trump The Next Jimmy Carter? – Ep. 241

Summary: Donald Trump's promises on healthcare and smaller government appear to be fading behind news of increased military spending, infrastructure spending and compromises on health care and tax ref...

14 Apr 201740min

Trump Train Ready To Derail – Ep. 240

Trump Train Ready To Derail – Ep. 240

Summary:  President Trump's campaign promises are falling by the wayside one by one.  First the backfire on the replacement for Obamacare, and then, just as talk of tax reform heats up, the administra...

11 Apr 201731min

Trump Needs To Lead Not Oppose The Freedom Caucus – Ep. 239

Trump Needs To Lead Not Oppose The Freedom Caucus – Ep. 239

Summary: President Trump needs to lead, not oppose.  He is opposing the very forces who put him in office.  By aligning with the mainstream Republican Party, he vacates the opportunity to lead the eco...

31 Mar 201742min

Over-Confident Republicans Poised For Disappointment – Ep. 238

Over-Confident Republicans Poised For Disappointment – Ep. 238

* On Monday the market got its first opportunity to react to President Trump and the Republican Congress' failure to repeal and replace Obamacare * With something more palatable * And as a result,...

29 Mar 201730min

Obamacare Lives To Die Of Natural Causes – Ep. 237

Obamacare Lives To Die Of Natural Causes – Ep. 237

*  Earlier I talked about the Trump honeymoon, and  my belief that it wouldn't last long, in fact I thought it might have ended before the marriage began with the inauguration * It did carry on a bi...

25 Mar 201731min

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