Economic pundits and the Wall Street captive media are fond of telling people that the stock market is a discounting mechanism and that it leads…
The ISM Non-Manufacturing index rose to 57.1 in December. This chart shows the ISM Non-Manufacturing index overlaid with the S&P 500. It shows that the…
It’s mind boggling to me, just mind boggling, how nobody gets the simplicity of the pipeline from Ben Bernanke’s twisted brain to his henchmen the…
If there’s a single picture that tells the story of the woes of the US Economy, this one may be it. The Fed’s pumping has…
First time unemployment claims rose by 5,311 in the week ended December 18. That compares with a rise of 9,860 in the third week of…
