The amount of monetary stimulus increasingly imposed on the financial system creates false signals about the economy’s true growth rate, causing a vast misallocation of capital, impaired productivit...
Introduction This is the third in a series of articles where I will cover popular and/or high profile stocks. The primary objective of this series will be to put a spotlight on the importance of forec...
This Great Graphic caught our eye (h/t to Gregor Samsa @macromon). It comes from the US Census Department, and shows, by state, the percentage of young American adults (18-34 year-olds). The top ma...
To 3(%) or not to 3(%). As you can see from the Fed’s GDPNow forecast, it’s raging ahead of the forecasts of our leading Economorons by a wide margin. Usually, I bet against the Economoron...
To 3(%) or not to 3(%). As you can see from the Fed’s GDPNow forecast, it’s raging ahead of the forecasts of our leading Economorons by a wide margin. Usually, I bet against the Economoron...
– Trump could be planning a radical “reboot” of the U.S. dollar – Currency reboot will see leading nations devalue their currencies against gold – New gold price would be nearly 8 times hig...
Watching the widespread devastations in Houston due to what was Hurricane Harvey, has been gut wrenching and now that this storm has regenerated and made a second landfall in Louisiana, just west of t...
The Second Estimate for Q2 GDP, to one decimal, came in at 3.0% (3.03% to two decimal places), an increase over 1.2% for the Q1 Third Estimate. Investing.com had a consensus of 2.7%. Here is the sli...
Front-month (Sept) RBOB Gasoline futures traded as high as $1.90 this morning – the highest since July 2015 – as more refiners (including America’s largest) shutdown output due to ...
ADP reported non-farm private jobs growth at 237,000. Last month’s employment growth was significantly revised upward. Analyst Opinion of ADP Employment Situation This month the rate of ADPs pri...