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(1121)

Trade War Ends Before It Begins – Ep.  354

Trade War Ends Before It Begins – Ep. 354

Solid Gains Today in the Major Stock Market Averages We had solid gains today in the major stock market averages; the DJIA putting in the largest percentage gain, just over 1.2% or 298 points.  I thin...

22 Mai 201835min

Bond Breakdown Gathers Momentum – Ep.  353

Bond Breakdown Gathers Momentum – Ep. 353

Las Vegas to Vancouver to Las Vegas I'm recording today's podcast from my hotel room in Vancouver, Canada.  I'm up here for a couple of days at the 2018 Vancouver Resource Investment Conference and ac...

16 Mai 201840min

Currency Traders Have It Backwards Ep. 352

Currency Traders Have It Backwards Ep. 352

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9 Mai 201831min

Consumers Won’t Be Comfortable with Higher Inflation – Ep. 351

Consumers Won’t Be Comfortable with Higher Inflation – Ep. 351

Fed is Willing to Tolerate Higher Inflation Today is the first Friday in May and that means we got the April Jobs Report released today, and before I actually get into the details of the jobs report, ...

5 Mai 201835min

Sell in May and Go Away – Ep. 350

Sell in May and Go Away – Ep. 350

Market Tends to Produce Better Returns in the First 4 Months of the Year There is an old Wall Street adage: "Sell in May and Go Away". The reason for that saying is that seasonally, the market tends t...

2 Mai 201832min

Guaranteed Jobs Guarantees Disaster – Ep. 349

Guaranteed Jobs Guarantees Disaster – Ep. 349

Markets Down But Not by as Much as Expected All the major U.S. stock markets were down on the week, but not by as much as I thought. We got that big drop on Monday, where we got the very bad reaction ...

28 Apr 201833min

Good Earnings Can’t Support an Over-Priced Stock Market – Ep. 348

Good Earnings Can’t Support an Over-Priced Stock Market – Ep. 348

The Correction is Over and the Bear Market is Resuming As I have been speaking about in my last couple of podcasts, it looks like the period of relative calm in the markets is over and the next leg do...

24 Apr 201832min

The Eye of the Hurricane – Ep. 347

The Eye of the Hurricane – Ep. 347

Another Friday Down Day It looks like the period of calm may be coming to an end and the storm may be looming just over the horizon. The Dow Jones finished down today, just over 200 points off the day...

20 Apr 201827min

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