Fed’s Open Mouth Operations Having Complications – Ep. 54
* Two days of bad economic news this shortened week * The Fed still says the economy is recovering * Recent FOMC minutes maintains pretense they can raise interest rates * FOMC members are worried ...
19 Feb 201520min
Investor Confidence Sends Stock Indexes to New Highs – Ep. 53
* Friday 13th was not unlucky for Wall Street * S&P 500 traded to an all-time record high * The Dow closed above 18,000 * NASDAQ at almost a 15-year high * Despite overall trend of weak corporate ...
14 Feb 201521min
I’m Living in an Economic Twilight Zone – Ep. 52
* China announces a record trade surplus * Media reports surplus as bad news for China * Because of the strength of the Yuan, Chinese can buy more imports for less * Chinese consumers purchasing mo...
10 Feb 201527min
Despite Slowing Economy, Job Growth Speeds Up – Ep. 51
* Monthly non-farm employment number beat expectations * Upward revisions to prior months * Average hourly earnings number jumped by .5 * Immediate reaction in the market was swift * Dollar up; go...
7 Feb 201519min
Are Forex Markets Finally Acknowledging the Slowing U.S. Economy?
* Volatile day in the markets * Largest decline in Personal Spending since September 2009 * Wages and Salaries gain slowest in 7 months * December ISM Manufacturing Index down to 53.5 * December E...
4 Feb 201530min
A Dove in Hawk’s Clothing – Ep. 49
* Fed's official statement released yesterday * Received by the market as hawkish, Fed is still reiterates "patience" * The statement noted unguarded optimism about the U.S. Economy * Fed ignored u...
29 Jan 201517min
Weak Earnings and Bad Economic Data Pummel Stocks – Ep. 48
* Wall Street spared blizzard only to be buried in bad earnings and bad economic news * December durable goods down 3.4%; expected to come in at +.7 * Consumer confidence up to 102.9; contrarian ind...
28 Jan 201535min
Obama Misstate of the Union – Ep. 47
* The President is taking credit for an economic recovery that is a bubble created by the Fed * Obama voters' salaries are much lower now than when he was elected * We have fewer full-time jobs duri...
23 Jan 201510min
