Obama Takes the Credit, Workers Suffer the Consequences – Ep.91
* One more time President Obama seeks to buy Democratic votes with a free lunch by appealing to workers * Promising more overtime pay, to go into effect in 2016 * Raises the threshold for overtime p...
1 Jul 201520min
For U.S., Puerto Rico Bigger Tragedy than Greece – Ep 90
* Global stock markets got beaten up overnight and the carnage continued here in the U.S. * Dow Jones down 350 points by closing bell - biggest point loss of the year * NASDAQ down 122 points * Pos...
30 Jun 201526min
Help Me Correct Wikipedia’s Liberal Bias
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25 Jun 201521min
Greece is a Sideshow. U.S. is the Main Event – Ep.89
* It looks like there is going to be some kind of deal to avoid the "Grexit" * Greek's exit would be great for Europe, but it would not be politically attractive for either side * As long as Greece ...
23 Jun 201513min
Yellen Almost Admits Fed Not Ready to Raise Rates
* Today was the expected day for expected rate hikes, indicating economic "lift-off" * The June rate hike is off the table and everyone is focusing attention on September * The prepared remarks are ...
18 Jun 201519min
Wall Street Begins to Question Fed’s Narrative – Ep. 88
* Dow under pressure on the back of EU talks with Greece * There is a lot of room for the market to decline pending the Fed's announcements * The consensus is that rates will hike September or later...
15 Jun 201520min
Con Job Report – Ep. 87
* Once again, a week of worse than expected economic data punctuated by another better than expected non-farm payroll report from the government * ADP private sector payroll report was slightly below...
6 Jun 201530min
Markets Still Fooled as Fed Plays “Let’s Pretend” – Ep. 86
* Short week closed with some horribly bad news * People are not paying attention to the data; they are paying attention to the Fed * Government released revision to the GDP: -.7 * The assumption o...
30 Mai 201518min
