Spring Has Sprung, But U.S. Economy Still Snowed In – Ep 79
* Markets on roller coaster ride final two trading days of this week * Bad news parade marches on in April * The players are still clinging to fantasy of U.S. economic recovery * Dollar finished do...
2 Maj 201529min
Will the Fed Run Out of Excuses as the Weather Warms?
* Government's first look at Q1 GDP * There was a lot of optimism around Q1 with expectations above 3% * Actual GDP was 1/5 of expectations at.2% * The rest of the story of Q1 GDP: * The deflator ...
2 Maj 201523min
Minimum Wage, Maximum Stupidity – Ep 78
* The Keynesian myth of mandating prosperity actually hurts the lower middle class and the working poor * Something for nothing is appealing to voters, so politicians make empty promises that are goo...
28 Apr 201524min
Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77
* S&P and the NASDAQ made new record highs * Stock market continues to ignore all the bad news about the economy * Bad news is not being ignored in the foreign exchange markets * Negative economic ...
27 Apr 201520min
Inflation Is The One Promise Central Banks Can Deliver – Ep 76
* Markets have been volatile but economic data still looking bad * Chicago Fed National Activity Index: contrary to expectations, came in at -.42 in addition a downward correction for last week to a ...
22 Apr 201520min
Disney World, Paul Krugman, and Market/Economic News – Ep. 75
* Disney's theme parks are a monument to capitalism as it existed when Walt Disney envisioned Disneyland * The Hall of Presidents, however manages to honor presidents who supported big government ove...
19 Apr 201528min
Bad Economic News… When It Rains, It Pours – Ep 74
* Dollar usually drops on bad news but rallies because traders automatically buy on the dip * Bad news is dismissed because the first quarter "doesn't count" * This puts greater pressure on the last...
16 Apr 201518min
Markets, Economic Data, & The Ben Bernanke Book – Ep. 73
* Markets continue to rally worldwide * Record highs overseas - much more action in Asia * Markets riding a sea of liquidity * Gold had an interesting week, closing at 1207 * The dollar had one of...
11 Apr 201521min
