The mainstream financial media is widely misreporting the NAR’s Pending Home Sales data this morning, simply parroting the NAR’s seasonally manipulated data. As it turns…
“Orders for U.S. capital goods climbed in August by the most in three months, a sign business investment continues to support the recovery,” shouted Bloomberg…
The article is an excerpt from the Wall Street Examiner Professional Edition Housing Update for subscribers. Scroll to the end for the subscriber link to…
If you are the technically oriented type, here’s something for you to chew on. It’s a page ripped from this morning’s Wall Street Examiner Professional…
Ezra Klein asked (and answered) in the Washington Post today, “Why are the markets down today? No reason.” What would you expect him to say?…
Bloomberg got it partly right when taking the gloomy view it reported that, “Retail sales in the U.S. unexpectedly stagnated in August as a lack of employment…
The Ceridian-UCLA Pulse of Commerce Index™ (PCI) is an interesting indicator that correlates well with the movements of the stock market. Comparing the PCI with…
An analysis of the actual, not seasonally manipulated and massaged unemployment claims data shows some deterioration in employment, week to week. Weakening employment data has…
The following paragraphs are free excerpts from today’s Wall Street Examiner Professional Edition Treasury update. The subscriber link to the complete report is below. As…
Today’s report on factory orders is just another example of why all media reported data must be taken with a grain of salt. Here’s how…