Econintersect LLC

It comes as no surprise to me that many believe we are in a recession. Joe Sixpack’s portion of the economy sucks (e.g. not good, for those who are uncertain what “sucks” means).The...

Recently, John Hussman’s weekly market comment implied a USA recession was likely to be triggered by the Eurozone recession.   ……the argument from Wall Street is that despite...

Over the last several weeks, JP Morgan Chase & Co (JPM)  has remained in the headlines after suffering trading losses tied to the bank’s now infamous “London Whale” with...

Many pundits use Federal Government revenues as a pulse point for understanding the economy. If government revenues are a good tool, then the economy over the last two months should be expanding...

This past week I have continued to ponder my friend Lakshman Achuthan’s renewed recession call where he stated:   For the past three months, year-over-year real personal income growth has...

Last week I posed the question whether the consumer was returning. It seems to be a common perception that consumer credit is driving the retail economic expansion. Below is a set of graphs that may...

March Personal Consumption Expenditures (PCE) released this past week suggest that the consumer is returning to the consumption trough. Many pundits are convinced a consumer driven recovery is...

I am deviating somewhat from my weekend think pieces on sectors of the economy and returning to my past life in global infrastructure development. I am at a  convention of sorts, of energy...

The Federal Reserve FOMC meets next week to review the economy and argue monetary policy. For those who see economic policy as black or white, I have a bridge to sell you.Low interest rates are...

This week another pundit again confirmed the economy is headed toward a recession. Rail, a real time economic indicator is now negative year-over-year regardless of interpretation.   Many view...

When the BLS unemployment numbers “improved” to 8.2% on Friday, I thought enough is enough. Come on boys and girls, yah gotta be smarter than to believe this garbage! Nothing in the world...

This week Fed Chairman Ben Bernanke critiqued the labor situation in the USA, and concluded:   …..conditions remain far from normal, as shown, for example, by the high level of long-term...

This week we have seen various real estate releases. What these releases are whispering is that the headwinds are abating - but in perspective, the real estate industry remains a mere shadow of its...