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(1095)

Markets Ignore Fed’s Bullard One And Done Admission – Ep. 205

Markets Ignore Fed’s Bullard One And Done Admission – Ep. 205

* The odds of a  December rate hike continue to ratchet up above 70% * We had a parade of Fed officials, most recently again today coming out and talking about why a December rate hike is a good ide...

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Pace Of Consumer Price Increases Set To Accelerate – Ep. 204

Pace Of Consumer Price Increases Set To Accelerate – Ep. 204

* The official probability of a December rate hike continues to diminish over the last several days * The markets had the rate hike at about a 70% probability; now we're down to about 60% * Person...

19 Okt 201647min

Media Trumps Up Obama To Help Clinton – Ep. 203

Media Trumps Up Obama To Help Clinton – Ep. 203

* It's another week where the dollar remained relatively firmly bid; the dollar index closing just above 98 * Gold prices seem to have a lid on them; they closed down today about $7 * Gold's not r...

15 Okt 201640min

Putting The Trump Controversy Into Perspective – Ep.202

Putting The Trump Controversy Into Perspective – Ep.202

* The most highly anticipated presidential debate in history is over and to me, the anticipation was more like a highly-promoted professional boxing match * Right away, as soon as the debate was ove...

10 Okt 201648min

September Jobs Report Even Weaker Than It Appears – Ep. 201

September Jobs Report Even Weaker Than It Appears – Ep. 201

* This morning the government released the most important, the most highly-anticipated economic release of the month * At least that's what everybody who trades in just about any market believes *...

8 Okt 201632min

Trumped Up Rate Hikes – Ep. 200

Trumped Up Rate Hikes – Ep. 200

* This is my 200th  podcast and I looked back to the date of the first one and it was just over 2 years ago, September 2014 * I began this podcast shortly after I ended the Peter Schiff Radio Show ...

5 Okt 201635min

Fed Bigger Threat To Depositors Than Wells Fargo – Ep. 199

Fed Bigger Threat To Depositors Than Wells Fargo – Ep. 199

* It looks like the U.S. stock market is going to close out the 3rd quarter on a positive note * The catalyst for the rally today is the big rally in Deutsche Bank; shares are up better than 14% *...

30 Sep 201631min

The Debate We Should Have Seen – Ep. 198

The Debate We Should Have Seen – Ep. 198

* I'm going to use today's podcast to offer my take on last night's Presidential Debates * Which certainly did not live up to all of the hype and expectation * But the airwaves today are filled wi...

27 Sep 201634min

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