GDP rocks but less than expected deflator helped alot
Q4 GDP rose 5.7%, better than expectations of 4.7% but nominal GDP was only .3% above estimates as the price deflator rose only .6%, .7%...
GDP is . . .
We moved last night to new offices upstairs (I am thrilled with our new space). But I have no idea if internet or phones will be up and...
Best Economic Gauge You’ve Never Heard Of
While everyone awaits GDP data this morning, why don’t we look at the best economic gauge you have never heard of: It doesn’t...
Bernanke Reappointed as Fed Chief
Well, there you have it: Ben S. Bernanke won Senate approval for a second term as Federal Reserve chairman, as supporters who credited...
Thursday Linkfest
Some interesting reading I happened across today: • Goldman Viewed as Favored by Regulators, Fed Says (Bloomberg) • What Congress...
Greek 5 yr CDS hits 420, let’s compare
To put into perspective the 420 bps level of 5 yr Greece CDS, it is now just 55 bps from debt plagued Dubai and well above the following...
Sentiment and Liquidity Review
American Association of Individual Investors (AAII) Equity Allocations, Deviation versus 21-Year Mean chart courtesy of Fusion Analytics...
Watch 1085 on SPX
Market approaching key support — watch SPX 1080/85 — A close below this sets up another 5% leg down towards 1035 area. Pete...