GDP was surprisingly hot on the announcement today, coming in at5.7% vs the expected 4.7%. We heard some whispers that Goldman (GS) had been predicting a high number last week and by golly they were right!
Immediately the dollar gained ground and the markets shot up…. for a moment. There is...
I am always taken by the divergence of opinions when looking at identical data. This has been more of the norm of late as the so many want to see the glass as half full after the financial ravages that we saw last year.
Now, depending on where you get your...
On a weekly basis, oil inventories dropped as was the same for gasoline. But, looking at the TOTAL gasoline inventories shows us the end demand is not there. Oil companies are busy drilling and refining, but there is an obvious problem with sales to the consumer.
Consumption...
Last night, President Obama put on a great show and provided us with a peek into the new multi-billion dollar programs that he is putting forward. One of those is a $30 billion jobs initiative. From the looks of the initial and continuing claims, thast would be a great...
Some of the more interesting and important items for January 28th :
Ford Reports $2.7 Billion Annual Profit After Record Loss, Beats Estimates – Impressive…
Republican Leaders to Watch Obama’s State of the Union Speech From Waikiki – ALOHA!
Treasury One-Month Bill Rate Turns Negative for the First Time Since March...
