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)

U.S. Economy Teetering on the Brink of Recession – Ep 82

U.S. Economy Teetering on the Brink of Recession – Ep 82

* Another week and another round of bad economic news * Wall Street may be finally paying attention * JOLT Report projected at 5.158 million; came in at 4.994 million * April Retail Sales expected ...

14 Mai 201519min

The April Jobs Report and My Encounter With Ben Bernanke – Ep 81

The April Jobs Report and My Encounter With Ben Bernanke – Ep 81

* First official jobs report of Q2 * Wednesday's ADP private payrolls were below expectations * March was revised down, indicating a softer labor market * Challenger job cuts numbers well above pre...

8 Mai 201530min

Bloom Rapidly Coming Off Recovery Rose – Ep 80

Bloom Rapidly Coming Off Recovery Rose – Ep 80

* Upcoming Appearances * Thursday morning panel at the SkyBridge Capital SALT Conference in Las Vegas * Liberty Forum - Salt Lake City * MoneyShow - Las Vegas * Economic News for the Week: Marc...

5 Mai 201520min

Spring Has Sprung, But U.S. Economy Still Snowed In – Ep 79

Spring Has Sprung, But U.S. Economy Still Snowed In – Ep 79

* Markets on roller coaster ride final two trading days of this week * Bad news parade marches on in April * The players are still clinging to fantasy of U.S. economic recovery * Dollar finished do...

2 Mai 201529min

Will the Fed Run Out of Excuses as the Weather Warms?

Will the Fed Run Out of Excuses as the Weather Warms?

* Government's first look at Q1 GDP * There was a lot of optimism around Q1 with expectations above 3% * Actual GDP was 1/5 of expectations at.2% * The rest of the story of Q1 GDP: * The deflator ...

2 Mai 201523min

Minimum Wage, Maximum Stupidity –  Ep 78

Minimum Wage, Maximum Stupidity – Ep 78

* The Keynesian myth of mandating prosperity actually hurts the lower middle class and the working poor * Something for nothing is appealing to voters, so politicians make empty promises that are goo...

28 Apr 201524min

Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77

Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77

* S&P and the NASDAQ made new record highs * Stock market continues to ignore all the bad news about the economy * Bad news is not being ignored in the foreign exchange markets * Negative economic ...

27 Apr 201520min

Inflation Is The One Promise Central Banks Can Deliver – Ep 76

Inflation Is The One Promise Central Banks Can Deliver – Ep 76

* Markets have been volatile but economic data still looking bad * Chicago Fed National Activity Index: contrary to expectations, came in at -.42 in addition a downward correction for last week to a ...

22 Apr 201520min

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