Government, Not Amazon Putting Cashiers Out of Work – Ep. 259
Summary: Amazon Buys Whole Foods The Dow was up today; mainly on the surprise announcement that Amazon, the king of on-line retailing, is buying Whole Foods. In a labor market significantly altered b...
17 Jun 201733min
Hawkish Hike May Backfire on Fed – Ep. 258
Summary Quantitative Tightening Ahead: The Federal Reserve came out with a surprisingly hawkish rate hike today, announcing plans to shrink the balance sheet by $50 billion per month. This would mea...
15 Jun 201724min
Statehood Would Be a Step Down for Puerto Rico – Ep. 257
Summary: In Puerto Rico's recently held non-binding referendum on statehood, just 23% of the eligible voters who actually voted overwhelmingly chose statehood. This would mean that Puerto Rico would...
14 Jun 201727min
Volatility Rises as Fed Readies Another Rate Hike Ep. 256
Summary: Friday's Tech Wreck continued today, some stocks making key technical reversals. The crypto currencies, also experienced volatility as Bitcoin seems to be losing some of its market share to o...
12 Jun 201730min
Political Theater Trumps Economic Data – Ep. 255
Summary: As an unexpected pro-labor vote in the U.K. weakened the pound and strengthened the dollar, the market reacted more to political news, abroad and at home. The uncertain results of Comey's t...
10 Jun 201731min
Will Gold’s Breakout be the Pin that Pricks the Crypto Bubble? Ep. 254
Summary: Gold and gold stocks are moving to new highs as the dollar index continues its slide. Although some connect this move to market jitters over the outcome of the upcoming James Comey testimony,...
7 Jun 201720min
Weak Data Further Undermines Fed’s Credibility – Ep. 253
Summary: Today's big miss in the Nonfarm Payroll report indicates further proof for the Fed that the Q1 weak economic data was not transitory. Coupled with disappointing Labor Force Participation de...
3 Jun 201730min
Does Weak Box Office Reflect Weak Economy? – Ep. 252
Summary: Box office revenues for this holiday weekend were the weakest since 1999. Why is that? Some say the movies were not very good, but I think it's more likely that this is just another piece of...
1 Jun 201723min
