Guest: Lee Munson brings his take on what is going on with some of the big money and how they are effectively bleeding the average investor. We discuss world markets as well as get to the bottom if his “pissed-off-ness” with the system. This episode starts with some insight into...
Let’s get right to the point. GDP is growing, but at far less that is needed to get the U.S. economy out of its quagmire. We all know that a GDP over 5% should be the number after the deep recession. But, we have to deal with the cold hard...
Each week we are treated to the 8:30 am edition of THESE ARE YOUR CLAIMS – A reprisal of the old show from years ago. In this edition, the claims are presented without any reference to seasonality or any other relevance, except for “expectations” of analysts. Markets trade...
The Conference Board released the Leading Indicators for the latest period. On the whole, it was a disappointment. Expectations were for a +0.7% and the actual number came in at +0.4% and the previous month was revised lower (SURPRISE!) from +0.5% to +0.2%.
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The Fed spoke and they have once again thrown in the kitchen sink. TWIST, QE and EXT (extension) are just some of the reasons for investor optimism. Of course, Bernanke is the master of mis-direction, so there may be more coming out of Europe within a short time that is...
