I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
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Radio Free Wall Street
Posts Tagged ‘ Trick Pony ’
Russ Winter’s Actionable- One Trick Pony
Lee Adler reports tax receipts through April 16th and it paints a not at all surprising picture of whatever the US economy is today.
Federal tax receipts through April 16 showed a year to year gain of 8.3% versus the same period in April 2009, which was a very easy comparison, with collections at disaster levels. Withholding...
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Russ Winter’s Actionable- The Nature Of One Trick Ponies
Christopher Thornberg has a chart presentation out and I have picked over some items for observation. One talking point of the bullish story is increasing exports. However, when one looks under the hood, and asks to whom, the answer is another one trick pony, China (second chart, YoY) . China, in turn has imported...
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Da Fundamentals
Now that Christmas is over, and we can no doubt expect to see the typical Ministry of Truth spin about the retail results, it is once again appropriate to look at the fundamentals. Oh sure, Gumnut has transferred one trick pony tax credits into the hands of some consumers to allow the purchase of...
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