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)

Janet Yellen Gets Nuts – Ep. 125

Janet Yellen Gets Nuts – Ep. 125

*  Yesterday, the Federal Reserve finally met market expectations and increased interest rates to .25% * Actually, the official rate was 0 - .25 and now, the official rate is .25 to .5 * The actual ...

18 Des 201532min

Is the Fed Playing Chicken With the Stock Market? – Ep. 124

Is the Fed Playing Chicken With the Stock Market? – Ep. 124

* The U.S. stock market finished up its worst week since August, when everybody though a rate hike was just around the corner * Substantial triple-digit losses across the board * The Dow Jones close...

12 Des 201528min

Data Be Damned, Rate Hike Ahead?

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* We are just about a week away from the Federal Reserve's first rate increase in about 10 years * Everybody believes the stage is set for liftoff based on the most recent better than expected Non-Fa...

8 Des 201530min

Draghi Fails To Deliver. Will Yellen Be Next? – Ep. 123

Draghi Fails To Deliver. Will Yellen Be Next? – Ep. 123

* Mario Draghi of the ECB sent shockwaves through the foreign exchange and currency markets today * He didn't deliver the stimulus traders expected * The big question is, will Janet Yellen surprise ...

4 Des 201530min

Yellen’s Confidence Defies Data, Logic, and Common Sense – Ep.122

Yellen’s Confidence Defies Data, Logic, and Common Sense – Ep.122

* The price of gold was down another $15 today, a 6-year low * Selling began early this morning following a better than expected jobs report from ADP * This is private payrolls released a couple of ...

3 Des 201528min

Weak Holiday Sales Confirm The Best Bargain Is Gold – Ep. 121

Weak Holiday Sales Confirm The Best Bargain Is Gold – Ep. 121

* I am recording this podcast on Cyber Monday * Cyber Monday first got its name because e-commerce wanted its own version of Black Friday * It's losing some significance, given it is losing some of ...

30 Nov 201539min

Retailers May Still Be In The Red After Black Friday – Ep. 120

Retailers May Still Be In The Red After Black Friday – Ep. 120

* Tomorrow is Thanksgiving Day, one day before Black Friday * The one day of the year where Americans make their annual pilgrimmage there they stampede to the nearest mall to buy stuff they really do...

25 Nov 201536min

Did The Fed’s Luck Run Out On Friday The 13th? – Ep. 118

Did The Fed’s Luck Run Out On Friday The 13th? – Ep. 118

* Friday the 13 was an unlucky day on Wall Street * The Dow was down over 200 points - the second back to back decline of over 1% since August * What was happening in August? Everybody was convinced...

14 Nov 201518min

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