Economics

To ECB or Not ECB- Video September 8, 2014

The ECBs new programs were bound to fail. Lee Adler explains why. He also tells why the monthly jobs data doesn’t matter and why it does. These issues remain vital and relevant.

This video was originally published for Radio Free Wall Street subscribers on September 8, 2014. To see the latest videos in real time, subscribe here. Go behind the paper curtain of Wall Street propaganda and get the facts.

See more videos from Lee Adler on The Wall Street Examiner Channel on Youtube.

Initial Unemployment Claims Stay At Bubble Record Levels

Initial Claims and Annual Rate of Change- Click to enlarge

The headline, fictional, seasonally adjusted number for initial unemployment claims came in at 291,000, which was not materially more than the Wall Street conomist crowd consensus guess of 285,000. That was a non event. The actual, not seasonally finagled numbers, which the Wall Street captured media ignores, shows claims continuing at all time record levels on the basis…

Even With Growth, New Home Sales Still In A Depression

New Home Sales- Click to enlarge

There seems to be lots of confusion about today’s Commerce Department release on new home sales. The report showed that new home sales were at a seasonally adjusted annual rate of 467,000. Part of the confusions stems from the fact that that is a completely bogus, made up, fictitious number in the first place. Seasonal adjustments are…

Initial Claims Stay At Bubble Record Lows, Is This Time Different?

Initial Claims and Stock Prices- Click to enlarge

The headline, fictional, seasonally adjusted number for initial unemployment claims came in at 283,000, very close to the Wall Street conomist crowd consensus guess of 285,000. That was a non event. The actual, not seasonally finagled numbers, which the Wall Street captured media ignores, shows claims continuing at all time record levels on the basis of claims per…