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)

Disney World, Paul Krugman, and Market/Economic News – Ep. 75

Disney World, Paul Krugman, and Market/Economic News – Ep. 75

* Disney's theme parks are a monument to capitalism as it existed when Walt Disney envisioned Disneyland * The Hall of Presidents, however manages to honor presidents who supported big government ove...

19 Apr 201528min

Bad Economic News… When It Rains, It Pours – Ep 74

Bad Economic News… When It Rains, It Pours – Ep 74

* Dollar usually drops on bad news but rallies because traders automatically buy on the dip * Bad news is dismissed because the first quarter "doesn't count" * This puts greater pressure on the last...

16 Apr 201518min

Markets, Economic Data, & The Ben Bernanke Book – Ep. 73

Markets, Economic Data, & The Ben Bernanke Book – Ep. 73

* Markets continue to rally worldwide * Record highs overseas - much more action in Asia * Markets riding a sea of liquidity * Gold had an interesting week, closing at 1207 * The dollar had one of...

11 Apr 201521min

Sexist Female Reporter Refuses to Apologize to Male Victims – Ep. 72

Sexist Female Reporter Refuses to Apologize to Male Victims – Ep. 72

* Big double standard in the media regarding "sexism" * Rolling Stone story based on complete fiction about a woman who claimed she was raped in a fraternity house * The reporter accepted the woman'...

8 Apr 201518min

Media’s “Rand Paul Can’t Win” Nonsense – Ep. 71

Media’s “Rand Paul Can’t Win” Nonsense – Ep. 71

* Media's take: Why run for President if you can't win? * "He's too Libertarian to win" * "He is not as Libertarian as his father" * "Rand Paul is closer to the mainstream than his father" * His chanc...

8 Apr 20159min

Frontline Perspective on the Government’s War on Liberty – Ep. 70

Frontline Perspective on the Government’s War on Liberty – Ep. 70

* When employers empower certain groups with special privileges they become clubs with which to beat the employer * Employers are then reluctant to put themselves in a position to be bashed with that...

7 Apr 201519min

Market’s Delayed Reaction to the Jobs Report – Ep. 69

Market’s Delayed Reaction to the Jobs Report – Ep. 69

* Markets are finally getting a chance to react to worst jobs report in two years * March non-farm payrolls coming in at about half of forecast * Dollar was off about 1% on FOREX * Stock futures we...

7 Apr 201515min

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

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