Extremely low initial unemployment claims have an ominous track record. Record low claims suggest a distorted, overheated, bubble top economy. On both occasions in this century when claims…
By now you have heard of the great news on factory orders and construction spending in July. Construction spending beat consensus expectations. The pundits had…
Dow Jones’s Marketwatch, inexplicably, does a better job of being “fair and balanced” in reporting financial news than its sister in crime, the Wall Street Journal,…
Lee Adler tells CNBC Africa that the Fed may be tapering, but the key to the US market will now be in the actions of the…
We all know the market is rigged. We may not like it, but facts is facts. The world’s largest central banks have thoroughly rigged the…
As the stock market has scooted off into Fed driven bubble territory over the past year, industrial production, on the surface at least, appears to…
New home sales for July were reported at a seasonally adjusted annual rate of 412,000. The consensus expectation of Wall Street economists had been for…
With all the hot air coming out of Jackson Hole, Lee Adler reminds us to stay focused on the things that matter. He illustrates what we know for a fact about central bank policies and markets, and their likely directions.…
Contrary to conventional wisdom, extremely low initial unemployment claims have an ominous track record. Since the initial unemployment claims data first set a record low…
Lindsay Williams of South Africa’s Fine Business Radio and CNBC Africa chatted with me today about the Fed, the end of QE, and inflation. Listen…