Is The US Already In Recession?
Is the US economy already in a recession? That’s what Lakshman Achuthan of the Economic Cycle Research Institute believes. He made the media rounds last week and his message was a simple one – the US economy has been in recession since July of this year. ECRI has a flawless record of predicting US recessions .. read more
Weekly Economic & Market Review
Well I stepped out the tub Put my feet on the floor I wrapped my towel around me And I opened up the door and then Splish Splash I jumped back in the bath well how was I to know there was a party goin’ on? Bobby Darin That must be how the bears felt .. read more
Weekly Economic and Market Review
The deal to raise the debt ceiling, agreed to last week, obviously wasn’t enough to calm markets and no wonder. The deal was just more of the same smoke and mirrors we’ve come to expect from the small, petty people who populate the halls of power in Washington, D.C. Finding anything in this deal that .. read more
Weekly Economic And Market Review
Well, that was easy. Apparently all that is required to get a market correction really going is for me to write something even a little bullish. In last week’s update I wondered if I’d been worrying too much about the various problems facing the world economy. After the Memorial Day holiday, the market finally started .. read more
Weekly Economic and Market Review
Despite a string of generally weak economic reports, stocks managed to post a decent gain last week. There is apparently an emerging expectation that either the Fed or the administration will pull an August surprise out of their….um…..hats that will get the economy or at least the markets back on the bull run that stalled .. read more
Weekly Economic and Market Review
In last week’s review I opined that the market felt as if it was making some sort of bottom. Um, not exactly. One thing I’ve learned after many years of observing markets is that predicting the future movements – especially short term movements – is impossible. Last week proved that I’m no better at it .. read more
Weekly Economic and Market Review
I’m on vacation this week but just wanted to make sure and comment about the last week’s events. While the big news of the week was obviously the employment report Friday which triggered the big stock market selloff, the economic data actually continues to show pretty steady improvement. Whether that will continue is of course .. read more
Weekly Economic and Market Review
If not for the turmoil of Greek bailouts and computer glitch induced stock market bunge jumps the economic reports last week would have been big news. The stock market may or may not be telling us something about future economic activity but it can’t be denied that current activity continues to accelerate to the upside. Led .. read more
