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See more here: New Home Sales Surge but Prices Down Sharply; Prices Have Room to Fall; Is Everybody In?
See more here: Financial Engineering Chart of the Day: Fed Balance Sheet vs. S&P 500
See the original post: French Taxi Drivers Burn Tires Block Airports in Mass 24-Hour Strike; 20% of French Flights Cancelled
How Healthy Is the Labor Market, Really? What’s the "official" unemployment rate vs. economic reality
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
View article: Dallas Fed Region Activity Plunges to Lowest Reading Since 2009; Production Collapsed
At an Iowa rally earlier today, Donald Trump made the arrogant claim " I could stand in the middle of 5th Avenue and shoot somebody and I wouldn’t lose voters ". CNN reported Trump refused to clarify what he meant.
Excerpt from: Bloomberg Contemplates Running for President as Independent; Longest of Longshots
See the article here: Former Hasbro CEO Says "Providence Should Consider Bankruptcy"; An Option Chicago Needs
Bloomberg Econoday reports … Existing home sales bounced back sharply in December, up an outsized 14.7 percent to a 5.46 million annualized rate that just tops Econoday’s top-end forecast