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recession slowdown

The Polar Vortex Economy of 2014 Was A Warning; Wholesale Sales Prove It Should Not Have Been Dismissed As Weather

By |2016-06-09T18:08:43-04:00June 9th, 2016|Economy, Federal Reserve/Monetary Policy, Markets|

Wholesales sales are right back on track again after two months of being affected by the calendar. After rising 0.8% in February and 0.6% in March, sales declined by 5.3% Y/Y in April. For the first four months of the year combined, wholesale sales were down nearly 3% compared to the first four months of last year. Since sales in [...]

They Want It To Be About Inflation

By |2016-04-29T18:25:13-04:00April 29th, 2016|Economy, Federal Reserve/Monetary Policy, Markets|

There was more bad news for the FOMC over the past few days beside the once again near-zero GDP estimate. If the labor market were truly growing as is claimed, we should be finding “inflation” in a broad set of different economic views. From the standard inflation calculations to various estimates for wages or income, by now it should be [...]

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