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(1096)

Clueless Mnuchin Embraces Weak Dollar Policy – Ep. 321

Clueless Mnuchin Embraces Weak Dollar Policy – Ep. 321

Dollar Getting Hammered Gold and oil are breaking out, the dollar is breaking down, bonds continue to break down, and no one cares! Nobody is worried.  The Dow was up today, although it finished up cl...

25 Jan 201830min

Unfortunately, the Federal Government is Open – Ep: 320

Unfortunately, the Federal Government is Open – Ep: 320

The Government is Back in Business The government is officially re-opened!  Apparently, the government shut down, maybe it was on Friday.  Earlier today Congress voted to re-open it! The good news tha...

23 Jan 201832min

Bonds & Dollar Down, Stocks Up – Ep. 319

Bonds & Dollar Down, Stocks Up – Ep. 319

January 19, 2018 Traders Still Ignoring Ominous Warning Signs We closed the week with more gains on Wall Street as stock traders continue to ignore all the ominous warning signs that have been flashin...

20 Jan 201835min

Possible Top in Stocks and Breakdown in Bitcoin – Ep. 318

Possible Top in Stocks and Breakdown in Bitcoin – Ep. 318

January 16, 2018 Buying Stocks with Both Hands When I recorded my podcast on Friday, just looking at the technical action in the dollar and I was getting nervous that maybe we could have been setting ...

17 Jan 201828min

Everything That Can Go Wrong, Will – Ep. 317

Everything That Can Go Wrong, Will – Ep. 317

January 12, 2018 Obvious Negative Factors Hiding in Plain Sight This Friday ahead of the three-day holiday weekend, all three markets are ignoring the ominous warning signs that are building by the da...

13 Jan 201838min

China Rings a Bell – Ep. 316

China Rings a Bell – Ep. 316

January 10, 2018 Bells are Ringing but Nobody is Listening They always say that nobody rings a bell at the top.  And that saying relates to the stock market, investors; there's never a clear warning s...

11 Jan 201833min

2017 GDP Growth Looks like Obama 2.0 – Ep. 315

2017 GDP Growth Looks like Obama 2.0 – Ep. 315

January 8, 2017 Atlanta Fed's Q4 2017 GDP Estimate at Record Low The Atlanta Fed did downwardly revise its estimate of Q4 GDP as a result of the numbers that were released on Friday.  The downward rev...

9 Jan 201837min

Twin Deficits May Doom Stock Market Boom

Twin Deficits May Doom Stock Market Boom

Schiffreport: January 5, 2018 Trump: We Will Win on Trade Earlier this morning the government released the December Nonfarm payrolls report, AKA the Jobs Number.  But rather than start with that, I wa...

6 Jan 201825min

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