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There is no question that the economy is not running on all cylinders - but despite some pundits claiming the economy is about to crash - there is no evidence in the data using the current forecasting...
My weekend economic summaries try to put current economic events into perspective. I purposely give higher weight to the information coming from the Federal Open Market Committee (FOMC) - as they are...
Markets and the economy do not need to go in the same direction. Business continues to optimize based on conditions they are seeing. Since the Great Recession, business has done a much better job of...
Manufacturing in the USA is one topic which needs a little thought.Follow up: There is little argument that manufacturing activity peaked just before the beginning of the Great Recession - and it...
Most realize something is broken in the current economy - and it is aggravating to listen to the litany of "information" pumped out in the media. The Fed continues to talk up the economy and continue...
The chaos in the world markets over the past few weeks has been blamed on everything from a slowing China economy to the ideology of austerity.Follow up: Professor Paul Krugman believes the cause is a...
When I was a newly minted engineer, I was told that I had no business calculating dynamic loading if I did not already know the what the design of the final product would look like. The calculation...
In March I penned The Fed Is Scared and Will Not Raise Rates Anytime Soon. It is now five months later, and a lot of smart pundits say the Federal Reserve will begin to hike the zero bound federal...
In the first quarter of 2015, it was suggested that the seasonal adjusting methodology understated economic growth in first quarters. Now in the second quarter of 2015, the scuttlebutt is that the...
Do you consider how inaccurate the monthly economic releases are? Every day, the markets react to the deviation from expectations for releases on employment, manufacturing, spending et al. No...
Expect the political rhetoric and unsupportable statements to increase as we continue in this USA Presidential election cycle. The USA economy sucks (my technical word), and every Presidential...
I continually warn about reading too much into the monthly jobs report from the BLS. I continue to say that jobs are a lagging indicator - the data is preliminary and incapable of demonstrating the...
I am not a fan of sentiment surveys. Sentiment can turn on a dime, and perceptions about what is occurring can be wrong. Of course if I were a campaign manager for a political candidate - I would feel...
In the last few quarters, the USA has seen a fairly significant decline in headline productivity growth. Some have suggested there is a correlation to GDP - and of course there is as headline...
It seems the little noticed Job Openings and Labor Turnover (JOLTS) report this past week have a few believing happy days are here with record high job openings. The authors of the report stated: Job...
Seems like many politicos and main stream economists believe the solution (or at least part of the solution) for too many low incomes is to mandate a higher minimum wage. Let me say to start I believe...
I find it interesting how the market players ignore and marginalize analysis that is not market friendly. You can stop reading now if you only want to read positive (market friendly) analysis. Follow...