I hope that the global fast-food franchises is the American invention. Just to be proud about something. And I’m inviting to check the health of our biggest and most important franchise – the dollar.
Please keep in mind that United States is the only country in the world, which is not trying to push its currency […]
See video below.
There are 2 points I’d like to make about today’s economic data. The Bureau of Labor BS released the official unemployment rate this morning. It…
This post was by Trader Joe on yesterday’s Stool Pigeons Wire. One of the consequences of the “CRASH” in the high-yield debt market is that…
This is a syndicated repost published with the permission of The Yellow Brick Road. To view original, click here. Opinions herein are not those of the…
Hints of improvement in the housing market have been bandied about in the financial infomercial media, but just what does the evidence say? Click here…
The housing collapse is now accelerating into a crash. Data from the MBAA shows mortgage applications breaking down last week, hitting a new 5 year…
Housing market indicators show no sign of improvement in the supply demand equation. Even the hopeful signs that things may have stopped getting worse may…
Drew Matus, economist at Merrill Lynch, is throwing more kaka into our forecasting potion (here is the podcast):
Q2 GDP positive, stimulus checks are fading
Q3 GDP negative
Inflation remains very elevated all this year, Bernanke is stuck with 2% Fed Funds rate
Finally, inflation is dropping sharply down to 1.6% core rate in Q1 ‘08
Bernanke’s hands are finally […]
Housing market data has hinted that a bottom of sorts may have been reached in April and May. A closer look at the data reveals…
