July 25, 2018
I Taught Denzel How to Drive a Lyft for His New Movie
This weekend, a sizable chunk of America took a brief reprieve from the hellish heat and hellish world with a…
Hard hitting global and local news
Hard hitting global and local news
This weekend, a sizable chunk of America took a brief reprieve from the hellish heat and hellish world with a…
"Blue Chip" Optimism The Atlanta Fed initial GDPNow Forecast for first quarter 2016 starts off with an anemic 1.2% whimper. "The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2016 is 1.2 percent on February 1. " First Quarter 2016 GDPNow Forecast The Atlanta Fed "Final" GDPNow Estimate for the 4th Quarter was posted on January 28
Read more here: Lacy Hunt – "Inflation and 10-Year Treasury Yield Headed Lower"
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View the original here: Fed "Workhorse" Model Says Odds of Recession in Next Year Only 3.56%; What are the Real…
View the original here: Fed "Workhorse" Model Says Odds of Recession in Next Year Only 3.56%; What are the Real…
See more here: New Home Sales Surge but Prices Down Sharply; Prices Have Room to Fall; Is Everybody In?
"Levels Not Seen in 80 Years" The supply glut in oil storage continues as crude.
Conference Board Consumer Survey The consumer conference board does a paper survey every month on consumer confidence. The board’s technical notes say (emphasis mine) "The targeted responding sample size – approximately 3,000 completed questionnaires – has remained essentially unchanged throughout the history of the CCI." I called up the board with a simple question: How many surveys do you send out to get 3,000 completed questionnaires
The Wall Street Journal hits the nail on the head with this headline: Yuan’s Fall Is Just ‘Noise’ Amid Deeper China Woes . When the financier George Soros attacked the British pound in 1992 and famously “broke the Bank of England†he was trading on a conviction that the currency was misaligned. Britain devalued after squandering its reserves in a vain defense.