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    U.S. Economy Teetering on the Brink of Recession – Ep 82

    Another week and another round of bad economic news Wall ...

    Another week and another round of bad economic news Wall Street may be finally paying attention JOLT Report projected at 5.158 million; came in at 4.994 million April Retail Sales expected to rise .2%; came in flat

    May 14, 2015 Read more
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    The April Jobs Report and My Encounter With Ben Bernanke – Ep 81

    First official jobs report of Q2 Wednesday's ADP private payrolls ...

    First official jobs report of Q2 Wednesday's ADP private payrolls were below expectations March was revised down, indicating a softer labor market Challenger job cuts numbers well above previous month, biggest year over year increase in 10 years

    May 8, 2015 Read more
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    Bloom Rapidly Coming Off Recovery Rose – Ep 80

    Upcoming Appearances Thursday morning panel at the SkyBridge Capital SALT ...

    Upcoming Appearances Thursday morning panel at the SkyBridge Capital SALT Conference in Las Vegas Liberty Forum - Salt Lake City MoneyShow - Las Vegas Economic News for the Week: March Factory Orders met expectations,

    May 5, 2015 Read more
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    Spring Has Sprung, But U.S. Economy Still Snowed In – Ep 79

    Markets on roller coaster ride final two trading days of ...

    Markets on roller coaster ride final two trading days of this week Bad news parade marches on in April The players are still clinging to fantasy of U.S. economic recovery Dollar finished down substantially on the week - April was the first down m...

    May 2, 2015 Read more
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    Will the Fed Run Out of Excuses as the Weather Warms?

    Government's first look at Q1 GDP There was a lot ...

    Government's first look at Q1 GDP There was a lot of optimism around Q1 with expectations above 3% Actual GDP was 1/5 of expectations at.2% The rest of the story of Q1 GDP: The deflator this time was negative - meaning that prices dropped by .

    May 2, 2015 Read more
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    Minimum Wage, Maximum Stupidity – Ep 78

    The Keynesian myth of mandating prosperity actually hurts the lower ...

    The Keynesian myth of mandating prosperity actually hurts the lower middle class and the working poor Something for nothing is appealing to voters, so politicians make empty promises that are good politics but bad economics

    Apr 28, 2015 Read more
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    Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77

    S&P and the NASDAQ made new record highs Stock market ...

    S&P and the NASDAQ made new record highs Stock market continues to ignore all the bad news about the economy Bad news is not being ignored in the foreign exchange markets Negative economic news is buoying the stock market because it removes fear ...

    Apr 27, 2015 Read more
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    Inflation Is The One Promise Central Banks Can Deliver – Ep 76

    Markets have been volatile but economic data still looking bad ...

    Markets have been volatile but economic data still looking bad Chicago Fed National Activity Index: contrary to expectations, came in at -.42 in addition a downward correction for last week to a 2-year low

    Apr 22, 2015 Read more
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    Disney World, Paul Krugman, and Market/Economic News – Ep. 75

    Disney's theme parks are a monument to capitalism as it ...

    Disney's theme parks are a monument to capitalism as it existed when Walt Disney envisioned Disneyland The Hall of Presidents, however manages to honor presidents who supported big government over the free market

    Apr 19, 2015 Read more
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    Bad Economic News… When It Rains, It Pours – Ep 74

    Dollar usually drops on bad news but rallies because traders ...

    Dollar usually drops on bad news but rallies because traders automatically buy on the dip Bad news is dismissed because the first quarter "doesn't count" This puts greater pressure on the last 3 quarters to make up for the first quarter and still s...

    Apr 16, 2015 Read more
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