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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Income Not Received Should Not be Taxed – Ep. 274

Income Not Received Should Not be Taxed – Ep. 274

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Trump Hypocrisy on Jobs Raises Concerns – Ep. 273

Trump Hypocrisy on Jobs Raises Concerns – Ep. 273

Trump Jumps to Tweet on Mediocre Jobs Numbers This morning the Labor Department released the July Non Farm Payroll numbers and Donald Trump tweeted,"Excellent Jobs Numbers just released - and I have o...

5 Aug 201732min

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Dollar Falls as Balance Sheet Shrinkage Doubts Rise – Ep. 270

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27 Juli 201730min

Lessons From Vegas Don’t Stay in Vegas –  Ep. 269

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Summary: My recent trip to Las Vegas for The Freedom Fest provided some interesting lessons.  My observations that we are paying more for less were illustrated by the theft of my luggage,  as there ar...

25 Juli 201736min

Weak Data Sinks Dollar But Floats Stocks Ep. 268

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Summary: More weak economic data today sent the U.S. stock market to record highs; at least the Dow and the S&P hit new records. NASDAQ not quite, but very close.  The dollar hit a new low for the yea...

15 Juli 201731min

Market Ringing Lots of Bells:Ep. 267

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Summary: There are market indicators of a major top as illustrated by the Blue Apron IPO, as it represents the failure of a very weak company attempting to raise money my means of an IPO when the mark...

12 Juli 201728min

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