Guess who is guarding the hen house . . . ? > click for ginormous version Hat tip Mike R
Read More
Headline PPI rose 7.3% y/o/y, above expectations of 6.8% and its the fastest pace since Sept ’08. Wholesale inflation rose .2%...
Read More
Via Very Small Array: > click for larger graphic
Read More
For the past 19 years, the levels of Real Retail and Food Services Sales and Total Nonfarm Payrolls have had a +0.96 correlation, so...
Read More
Last week, I mentioned that we often see a 7 day rally following a 90/90 day downside day (Strong Futures and Euro, but Likely a 7 Day...
Read More
Twenty minutes after the Shanghai index closed, the PBOC raised reserve requirements by another 50 bps to a record high of 21.5 after May...
Read More
The U.S. is suffering from insufficient aggregate demand the result of the bursting of the 2004-07 credit bubble. The consumer led...
Read More
As legendary investor Jeremy Grantham notes, copper production is falling: As I’ve previously noted, gold production has also been...
Read More
We love allegories. The Wizard of Oz was, many believed, an allegory of the political and economic times of the 1890s. The “Yellow...
Read More
In this morning’s reads, I mentioned an interesting James Surowiecki piece in Wired, titled Going, Going, Gone: Who Killed the...
Read More
