Economics

For Whom The Consumer Confidence Bell Tolls

Consumer Confidence Long Term Trend- Click to enlarge

The trend is your friend, but maybe not when it extends to meet a secular downtrend. That’s what the Consumer Conference Board’s Consumer Confidence (aka the ConCon Con) Index showed today. It shocked Street conomists, whose consensus guesstimate was a reading of 96. Instead it came in at 87. I see little value in this…

Why The Economy Isn’t Slowing and Why That’s Bearish – Video 9/23/14

Lee Adler pulls back the paper curtain of Wall Street propaganda on the housing data and broader, more timely economic data. Housing may be slowing, but the broader economy isn’t. He tells why that’s bearish in the big picture, but a close look at the technical data says it may be a while before the big one.

This video was originally published for Radio Free Wall Street subscribers on September 23, 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.

Hilsy Rally, The Industrial Revolution, and Why The Bullish Dollar Chart – Video 9/16/14

Lee Adler pulls back the paper curtain of Wall Street propaganda on the Hilsenrath rally, the real story on the dollar, industrial production, median household income, and the ECB conundrum, that’s right, conundrum, to give you a better handle on what’s really going on behind the headlines. This video was originally published for Radio Free…

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…