U.S. healthcare spending amounted to $3 trillion in 2014, up 5.3% from 2013, according to the Center for Medicare Services. Looking ahead, aging Baby Boomers and technological advances should ensure...
If you haven’t noticed, the world has gone mad. Well, madder than usual, anyway. Global power structures are shifting. Proxy wars are back with a vengeance, as seen in Ukraine, Syria and elsewhere....
The mainstream world of economics and investment has the attention span of a 12-year-old hopped up on sugar. A couple of months ago, it was all doom and gloom for gold. The Fed was talking interest ra...
About a month ago former Fed head, Richard Fisher, came out andconfirmed the idea that the FOMC’s quantitative easing policies over the past seven years have pushed prices of risk assets, includ...
A quick recap to the trade data released today continues to paint a relatively dismal picture of global trade. The unadjusted three month rolling average value of exports and imports decelerated. Many...
It’s getting ugly for my core market health indicators. My measures of market quality, trend, and strength are all in oversold territory. During bull markets, oversold conditions generally result in...
Despite the disappointing headline Establishment Survey estimate, those inclined to believe the payroll report as an overall economic narrative had two fallback issues. U.S. employment gains slowed m...
After weeks of modest declines, the US Oil Rig Count plunged by 31 to 467 this week – the biggest drop since April 2015 led by a 19 drop in Texas. Total rig count crashed 48 to 571. The reactio...
Today’s news was the Employment number. I am not going to talk a lot about the number, since the January jobs number is one of those releases where the seasonal adjustments totally swamp the actua...
Is this economic recovery real? Well if you base your observations on how far the Dow has risen since the financial crisis of 2008-2009 and on the B.S statistics the BLS puts out, the answer would be ...