Zero Sum Game (ZSG)
I was surprised at the reaction to the Zero Sum intro yesterday. I keep forgetting there are lots of bad memes and worse ideas that have...
Household versus Establishment Surveys, part 42
For some reason, there seems to be this ongoing wishful thinking that somehow, this economy is creating far more jobs than we are...
Absurdly Large BLS Revisions, part II
Our previous look at this Absurdly Large BLS Revision simply wasn’t satisfying; So I had to spend some additional time reviewing...
An Absurdly Large Outlier in the History of BLS Revisions
OK, let’s have a quick look at Friday’s NFP: Yes, we know that 51k new jobs stink; No, it was not a "perfect...
Stockpickr.com
I came across an interesting stock screener/filter recently: Stockpickr.com Its described by some of the creators as a...
New Home Starts? Don’t Make Me Laugh!
I continue to be astonished by the econopundit’s lack of solid connection with reality. It’s as if Faith-based initiatives...
Ted Rall is channelling my wealth discussions!
How’s this for amusing: Last week, we discussed the nature of What is Wealth?; It was a follow up to our 2004 chat on the...
Soft Landing Continues to Fade
>The market can stay irrational longer than you can stay solvent.–John Maynard Keynes (1883 – 1946) > Yesterday, I...
Real Estate Sales Slump Generating Ugly Press
Yesterday’s Housing data is producing some pretty ugly headlines today; If the market chose to ignore the data, let me remind you...
Internal Strength of Market
The rally since the summer lows has been driven by several factors: 1) Fast money rotation away from energy and materials, and into...