Real Core Durable Good Orders (all orders except transportation equipment and defense capital goods) rose by 1.5% year to year in March. That was the actual,…
Lee Adler goes behind the paper curtain of Wall Street propaganda to strip away the media hype and hysteria around the financial news headlines to show you the actual facts. With economic data whipsawing wildly, this week he focuses on…
In the game of pin the tail on the number, today’s release on new home sales was a big miss. Wall Street conomists had expected…
The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 295,000, missing the Wall Street conomist crowd consensus guess…
In the hall of mirrors where conomists live, there’s no housing inflation. When the prices of consumption goods rise it’s “inflation.” But when housing prices rise,…
Lee Adler goes behind the paper curtain of Wall Street propaganda to strip away the media hype and hysteria around the financial news headlines to show you the actual facts. This week he examines the economic data for any signs…
The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 294,000. The Wall Street conomist crowd consensus guess was…
The US Industrial Production (IP) Index slowed in March to an annual growth rate of +2.0%. That was the slowest since July 2013 when the growth…
The headline seasonally adjusted retail sales number slightly missed conomists’ expectations this morning, but beneath the headlines, the actual hard data tells a different story.…
Each week the St. Louis Fed produces what it calls the Financial Market Stress Index. It issues a press release updating the index. This week it…