A chart by Reuters’s Scott Barber proves that Wall Street analcysts follow the market for their cues on forward earnings. They don’t analyze. They don’t lead.…
Before I went on a short vacation this week, I told Wall Street Examiner Professional Edition subscribers that Wall Street conomists, media, and pundits were…
The pundits and the market were surprised by Friday’s “stronger than expected” jobs data. We were not, but it was just dumb luck as I…
The report is an excerpt from the Employment Charts permanent page, updated when new data is reported. Bookmark it for future reference.Originally posted July 27. As of…
The 30 day moving average of US house sales for the 30 days ended July 26 showed prices continuing to rise while sales volume declined for…
Sales contracts for June (what the NAR refers to as “Pending Home Sales”) dipped slightly from the May peak. The month to month decline of…
This post is an excerpt from the permanent Durable Goods and Factory Orders Chart page, updated whenever new data is published. Bookmark that page for…
The report is an excerpt from the Employment Charts permanent page, updated when new data is reported. Bookmark it for future reference. The Labor Department…
The mainstream financial media breathlessly proclaimed the worst housing data in x months this morning, on the release of the Commerce Department’s monthly new home…
Lately the Wall Street establishment and its media handmaidens have been touting a weakening economy. That’s because they are focused on seasonally adjusted data that…