December jobs report up; unemployment down Average hourly earnings dropped Labor force participation hits new low, except for older Americans Fewer young workers supporting the Social Security system Most credit comprised of student loans and auto loans Auto delinquencies highest since 2008, indicating a bubble Obama’s plan to make community college free will further inflate […]
Jobs Up But Earnings and Participation Down – Ep. 42 Read More »
The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more significant. While falling prices may strike the layman as cause
Hurts So Good: When Exactly Are Falling Prices Bad? Read More »
World markets left the gates weak on first full trading week of the year Catalysts: Declining oil prices and Greece’s potential Eurozone exit The Euro has gone sideways against the dollar for 9 years The U.S. stock market will decline until the market believes rate hikes are off the table U.S. will not experience accelerating
Gold Breaks Out, Stocks Break Down – Ep. 41 Read More »
Falling unemployment trends seem to be over PMI “unexpectedly” drops to 53.9% Construction spending “unexpectedly” fell .3% December ISM fell to 55.5 Draghi’s comments at ECB sparked U.S. Dollar rally despite weak data Eurozone QE not likely 2014 was a flat year for gold, despite bad press Dollar price based on higher interest rate expectations
As The New Year Begins, Will The Recovery End? – Ep. 40 Read More »