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(1105)

Will April Showers Rain on the Wall Street Excuse Parade? – Ep 68

Will April Showers Rain on the Wall Street Excuse Parade? – Ep 68

* April Fool's Day and all the fools are buying U.S. stocks * Atlanta Fed GDP Now Estimate for Q1 GDP finally down to zero * Despite the fact that the economy is worse than the 2008 crisis, Wall Str...

2 Apr 201525min

If You’re Not Free to Discriminate You’re Not Free – Ep. 67

If You’re Not Free to Discriminate You’re Not Free – Ep. 67

* Indiana passed a law to prevent lawsuits targeting religious objection * Pressure and feigned outrage from the left wing machine causes Governor to walk back the meaning of the law * The mark of a...

1 Apr 201537min

Since When is Filing a Frivolous Lawsuit Heroic? – Ep. 66

Since When is Filing a Frivolous Lawsuit Heroic? – Ep. 66

* If an employee sues an employer falsely, the employer has no recourse, because it could be interpreted as retaliation * Ms. Pao lost not only on her discrimination claim, she also lost on claim tha...

31 Mar 201524min

The Truth About Gender-Based Discrimination Lawsuit – Ep 65

The Truth About Gender-Based Discrimination Lawsuit – Ep 65

* Pao v. Kleiner Perkins: there should be no damage even if there was discrimination * The law against discrimination is unconstitutional * Employees are free to discriminate - they can work for who...

26 Mar 201519min

Is Bad Economic News Finally Weighing on Stocks? – Ep. 64

Is Bad Economic News Finally Weighing on Stocks? – Ep. 64

* Near 300 point drop in the Dow * NASDAQ down 118 * S&P down 30 points * $1.50 gain in oil and oil stocks up * No significant economic news that would trigger this move * Dollar was not down muc...

26 Mar 201510min

Economy is Weakening But at Least the Cost of Living is Rising – Ep. 63

Economy is Weakening But at Least the Cost of Living is Rising – Ep. 63

* Bad economic news coming in is more a deluge than a trickle * Dollar continuing to drift lower since "patience" was removed * New Zealand Dollar record high against the euro and the Australian dol...

25 Mar 201524min

Are Forex Markets Finally Calling the Fed’s Bluff? – Ep. 62

Are Forex Markets Finally Calling the Fed’s Bluff? – Ep. 62

* The Fed removed the word "patience" from their statement while promising patience * We are likely to see weaker employment numbers, further delaying talk of rate hikes * Pundits who failed to fore...

21 Mar 201529min

Losing “Patience” Does Not Mean the Fed has Lost Patience

Losing “Patience” Does Not Mean the Fed has Lost Patience

* The Fed released long-awaited FOMC official statement * Indicating they will be more patient without the word "patient" than when they were officially patient * Why take the word away in the first...

19 Mar 201524min

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