Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

* It's Friday the 13th and it is a Friday before a 3-day holiday weekend * Monday, of course is Martin Luther King Day * The stock market will be closed in observance of the holiday * Once again...

14 Jan 201736min

* The NFIB Index of Small Business Optimism in the month of December, so this is post the election of Donald Trump * Shot up from 98.4 in November to 105.8 * This is the highest level in 12 years ...

11 Jan 201737min

* Yesterday we got the final jobs report of the Obama era, * We got the December Non-Farm Payroll. * Now technically, when we get the January number, the first Friday of February, * Half of that...

7 Jan 201738min

* This is another big week for economic data; it is a holiday-shortened week * On Friday we get the big Non-Farm Payroll report * If it's a good number, somehow Donald Trump will try to take credi...

5 Jan 201725min

* The Dow 20,000 party is going to have to wait until 2017 * Although I wouldn't necessarily buy a ticket for January * The selloff that started this week may resume in the first week of the new y...

31 Dec 201641min

* The Dow 20,000 party is going to have to wait - at least for another day * The Dow was down a little bit today - 23 to 19,918 * The broader market was a bit weaker than the Dow * The markets c...

23 Dec 201630min

* On Wednesday, the Federal Reserve did exactly what they did last year * They waited until the last possible meeting to nudge the Federal Funds rate by 1/4 of 1% * So now, after 2 years of tighte...

16 Dec 201637min

* It's been a while since my last podcast and I've gotten quite a few emails from people wondering what happened to me * I was out of the country for about a week, and I did manage to get one podcas...

13 Dec 201633min