By most “standard” calculations, the U.S. Dollar (USD) is undervalued by close to 20%. Using the Effective Exchange Rate methodology, the USD may be due for a rise in the near future.
However, even with the recent market slide and persistent worries over potential defaults within the EuroZone, traders have been...
Guests: Professor Charles Nenner and Jon Markman. This episode starts with a look back at the week and then into the future with Professor Nenner. His expertise in market cycles helps to provide an explanation as to why the S&P 500 is going to 500… Yes, 500. We then move...
The economy is so bad that I got a pre-declined credit card in the mail
CEO’s are now playing miniature golf. Exxon-Mobile laid off 25 Congressmen
Angelina Jolie adopted a child from America
Motel Six won’t leave the light on anymore
A picture is now only worth 200 words
They...
Here is the skinny: There is a good deal of short-covering today. Of course buyers are excited that the green lights are shining on the board, but let’s also realize that the levels today are simply a return of what was lost yesterday.
With the market consolidating, there may be some...
GDP revision day! Estimates are for 1.1% for the 2nd quarter. Not what anyone would call gang-buster growth.
First a couple of historical charts. As can be seen, the growth for the U.S. is sloping lower.
Components of GDP and Trend
Dispersion of estimates
Summary of estimates
The...
