What Will Result From Sideways?
The economy of 2015 started out “unexpectedly” weak before succumbing to “global turmoil.” It was the events of last summer that began to sow serious doubts about not just the economic narrative seeking to dismiss [...]
More Evidence Of That ‘Something’ In ‘Dollars’
The July update to the Treasury International Capital flows (TIC) was mostly the same as we have observed throughout this year. The private segment continues to buy on net while the official sector continues to [...]
China Not China: The Greater ‘Evil’
If it was quiet late last week with China dark for its Mid-Autumn festival, the return from holiday shattered the calm and further amplified what is already a significant problem. The activity in CNH markets [...]
Earnings Update
“Should I stay or should I go now? If I go there will be trouble. An' if I stay it will be double…this indecision's buggin' me” The Clash (Lyrics) Summer vacations are over, all are [...]
Bi-Weekly Economic Review: Never Mind
Economic Reports Scorecard That improving economy the Fed has been touting? Well, as Emily Litella once said on Saturday Night Live, never mind. The surging economy of the Fed's feverish imagination melted away over the [...]
More Data For The ‘Data Dependent’ To Ignore
The University of Michigan released its September update for their surveys of consumers. The overall index of consumer “sentiment” was unchanged from August at 89.8, and up just 3% from last September. This “confidence” index [...]
The Feel Of Recession
For the fifteenth consecutive month dating back to November 2014, the US CPI remained less than 1.5%. While this was supposed to be the year where “transitory” effects of oil prices as well as “other” [...]
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