Falling Imports versus Falling Exports (GDP = -2.38%)
I noted earlier that the oddity of imports versus exports calculation would produce a positive contribution to GDP. Let’s look at...
U.S. House Prices Haven’t Bottomed Yet
Turnover in the American real-estate market may be bottoming, but prices are unlikely to do so for some time. History suggests...
The Anti-Guru: Ignore Everybody
I love this graphic by Hugh McLeod’s Gaping Void. (I used one of Hugh’s design for the blog’s business cards). It will...
King Report: Reasons to Rally?
> Initial Jobless Claims were 9k more than expected. But Continuing Claims were 103k less than expected. As we have regularly noted,...
Advance GDP = -1.0%
Official GDP release: “Real gross domestic product — the output of goods and services produced by labor and property located...
The Great Recession is Over! Long Live the Ordinary Recession ....
There will be some good news and some bad news this morning at 8:30. That’s when GDP will be released. The Good News will be that...
New Classifications for Personal Consumption Expenditures (Wonky)
Today, we get the Bureau of Economic Analysis (BEA) comprehensive, or benchmark, revision of the national income and product accounts...
Ned Davis on Secular vs. Cyclical Bull Markets
Mark Hulbert looks at the question of whether this is a once-in-a-generation stock market low (secular bull market) or a mere...
10 Links (Thursday edition)
That worked out well yesterday with the focused daily linkfest. Once again, 10 links: • Dow Sends Buy Signal That’s Worked Since...
Inflation Adjusted SPX Earnings
Chart of the Day provides this job dropping perspective on the current earnings environment: 12-month S&P 500 earnings, relative to...