The BLS today reported a seasonally adjusted (SA) gain of 236,000 in February nonfarm payrolls. This massively beat consensus expectations of a gain of 165,000,…
The lack of interest regarding just how the Federal Reserve will extricate itself and the rest of us may be a matter of self-preservation.…
First time unemployment claims are currently declining at a 9% annual rate, staying close to the average year to year drop of the past two…
Well, they’ve done it again. The Wall Street economic forecasting crowd persistently underestimates both the drop in jobless claims and the growth in employment.
Russ Winter and Lee Adler discuss the employment data, but the lack of real economic growth represented by manufacturing, along with Russ’s view of huge omnipresent tail risk inherent in the false signals sent by VIX futures. Meanwhile liquidity will grow more and more bullish for the next six weeks and was today’s rally in gold stocks the beginning of something big. This is a subscriber only podcast, subscribers may click here to listen. If you are not a subscriber, click here to access the Monday, January 7 podcast (Will Lousy Earnings Matter With Fed Pumping It Up?) . Subscribers can click the player at the bottom of this post (visible on Radio Free Wall Street main site only) to listen to today’s podcast, or use this link to download. If you are not a subscriber and would like to hear not only today’s podcast but all 8 or 9 podcasts each month, click this button to start your subscription. It takes less than a minute to complete the signup form and start listening to all Radio Free Wall Street podcasts. To learn more click here! or join and listen right now! By clicking this button, I agree to the Wall Street Examiner’s Terms of Use. 3 month […]
The headline nonfarm payrolls number will beat the consensus economists’ forecast of a gain of 165,000 reported by major financial media organizations. That’s based on this…
The February headline seasonally adjusted aggregate Manufacturing Purchasing Managers Index reading of 54.2 was substantially better than the consensus expectation of 52. It was the…
First time unemployment claims are declining at a 10% annual rate. The economy is showing no sign of taking a hit from the increases in…
Russ Winter and Lee Adler discuss the impact of sequester and the meaning of the grilling that Bernanke got today in front the House Financial Services Committee. Needless to say they disagree about the impact. We’ll leave it to you decide which interpretation you like. This is a subscriber only podcast, subscribers may click here to listen. If you are not a subscriber, click here to access the Monday, January 7 podcast (Will Lousy Earnings Matter With Fed Pumping It Up?) . Subscribers can click the player at the bottom of this post (visible on Radio Free Wall Street main site only) to listen to today’s podcast, or use this link to download. If you are not a subscriber and would like to hear not only today’s podcast but all 8 or 9 podcasts each month, click this button to start your subscription. It takes less than a minute to complete the signup form and start listening to all Radio Free Wall Street podcasts. To learn more click here! or join and listen right now! By clicking this button, I agree to the Wall Street Examiner’s Terms of Use. 3 month subscription to Radio Free Wall Street podcasts, renewing automatically unless canceled.Price: $29.00 iTunes users can download your […]
The media reported a 16% rise in new home sales in January to the highest level in 4 1/2 years based on data from the…
