Business Inventories in line but I/S ratio hits record low
March Business Inventories rose by .4%, in line with expectations and up for the 5th month in the past 6 after 13 months in a row of...
UoM about in line but inflation expectations jump
The May preliminary UoM confidence # at 73.3 was a touch below expectations of 73.5 but is up from 72.2 in April. The high in the rebound...
Are For-Profit Markets the Cause of Volatility?
Floyd Norris has today’s must read discussion on avoiding another May 6th (MAYDAY MAYDAY WE ARE GOING DOWN. OVER) type of day at...
Retail sales look good but under the hood not so good
April Retail Sales rose .4% headline, .4% ex auto’s and .4% ex auto’s and gasoline. Ex auto’s were in line with...
Oil Slickonomics – Part 3
David R. Kotok, Cumberland Advisors May 13, 2010 > “We have breaking news on the oil spill in the Gulf. There’s new...
If you can’t grow, you can’t pay back what you owe
The CEO of Deutshe Bank echoed today what many of us know but European officials and the ECB don’t want to admit as evidenced by...
Long Awaited Fixes for Credit Ratings Agencies
I have been a long standing critic of the Ratings Agencies. Recall this got me into a little hot water with my publisher — the...
Federal Reserve’s Policy Actions during the Financial...
Vice Chairman Donald L. Kohn At the Carleton University, Ottawa, Canada May 13, 2010 The financial and economic crisis that started in...
Record to Text ?
Quick question: I want to be able to record an interview, either in person or over the phone, then somehow have that recording converted...