Waves Not Solid Cycles; The Difference of Heavy Monetary Influence
It’s not just that there was an obvious and intense change in sentiment, as that is quite common among and within markets. It is more so that this repetition is a little too familiar. In [...]
Bi-Weekly Economic Review
Economic Reports Scorecard The tone of the economic reports improved over the last two weeks with quite a few releases coming in better than expected. From a scorecard viewpoint, we had 6 reports better than [...]
Retail Sales Do Add Up
The calendar has been playing an outsized role in economic accounts this year, from leap year adding to February and now different months for Easter. With March entertaining the holiday this year, it seems as [...]
Sixth Circle of Hell
In what can only be a sign of the US and global economy stuck in Dante’s sixth circle of hell, US lawmakers and political figures took the time to write the Federal Reserve chastising it [...]
European Attention Focused On How Little GDP Might Have Been, Overlooking The Real Problem of Global Uniformity
Because industrial production for the Eurozone was estimated to have risen 2.4% in January, first quarter GDP was boosted to 0.6% (quarterly rate) as statisticians were expecting that European industry would at least hold up [...]
Unfortunately, It Was Only A Brief Moment of Clarity
I have referred to the June 2003 FOMC meeting many times before and I suspect that I will continue to do so long into the future. It was one of those events that should be [...]
The Shortest Intuitive Leap
It was an impressive rebound from the doldrums of February 11. Stocks managed to get back nearly even, as the S&P 500 closed above 2,100 on successive days April 19 and 20. Since then it [...]
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