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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Yellen Almost Admits Fed Not Ready to Raise Rates

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18 Jun 201519min

Wall Street Begins to Question Fed’s Narrative – Ep. 88

Wall Street Begins to Question Fed’s Narrative – Ep. 88

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Con Job Report – Ep. 87

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6 Jun 201530min

Markets Still Fooled as Fed Plays “Let’s Pretend” – Ep. 86

Markets Still Fooled as Fed Plays “Let’s Pretend” – Ep. 86

* Short week closed with some horribly bad news * People are not paying attention to the data; they are paying attention to the Fed * Government released revision to the GDP: -.7 * The assumption o...

30 Mai 201518min

Currency Traders Still Buying Rate Hike Rhetoric – Ep. 85

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23 Mai 201524min

The Fix Is In. Government to Rig GDP Again. – Ep. 84

The Fix Is In. Government to Rig GDP Again. – Ep. 84

* Earlier today latest FOMC minutes released * Once again the weather is blamed for missed expectations, pretending the economy is better than it is * Now the Fed dismiss numbers as inaccurate, becaus...

21 Mai 201527min

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