While the Fed is digesting what the X-13 Arima seasonally adjusted payrolls number means for the future of US interest rates, the devastation of the US labor force continues. In what was an “modestly” unpleasant July payrolls report, yet somewhat better than June’s flagrant disappointment, the fact is that the number of Americans not in…
Every western media outlet was reporting about how the Chinese bubble was deflating at an extremely fast speed as its stock market decreased by 30% from 5,200 points to roughly 3,500 points before rebounding towards 4,200 points. It seemed like the world was heading towards Armageddon until the Chinese government stepped in to…
In an action as economically stupid as president Roosevelt destroying US farm produce during the Great Depression, Russia Incinerates Contraband Food. One year into its embargo on western food products, Russia has launched a controversial campaign to destroy all contraband meat, dairy and produce, using on-the-spot incinerators, dump trucks, rollers and meat grinders. On Thursday, three…
Growth funds become a natural choice for investors when capital appreciation over the long term takes precedence over dividend payouts. These funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms whose value is projected to rise over the long term. Small cap funds are a good choice for…
Since the status quo has no workable Plan B to “growth” in an economy in which household incomes have declined 8.5% in a supposedly expanding economy, real solutions must arise outside the status quo. It’s a lot easier to talk about what’s wrong with the status quo and fake fixes than it is to talk…
Two weeks ago we showed something very disturbing (something even the IMF is now figuring out): global trade is grinding to a halt… … and in dollar-denominated cases, has even gone into reverse. Nowhere has this trend been more visible than in the IMF is now figuring out, growing at 7% in 2011, has…
Gold closed at 1094.10 holding the Weekly Bearish Reversal at 1084 once again. The nasty emails have come in already – Where’s the bounce? It seems some people hate me so much all they live for is try to prove me wrong I suppose to make them feel better that they are totally out of…
Despite several concerns, the Nasdaq has been outperforming its fellow benchmarks right from the start of 2015. While weak second quarter earnings season and a continuous slump in crude prices dragged the Dow down by 2% over the last month, the Nasdaq gained nearly 1.2%. It also outpaced the S&P 500, which rose a meager…
The U.S. dollar index (USDX) remains stuck in its downtrend by a thread. The U.S. dollar index has made three attempts in a row to breakout from its short-term downtrend and each time failed by the close of trading. Source: FreeStockCharts.com The long-awaited catalyst was the U.S. jobs report for July, 2015. In my opinion, the…
Everybody knows that the Fed will eventually hike its targeted interest rate. When it comes to rate hikes, the only unknowns involve timing. What hardly anybody knows is that the Fed’s interest-rate suppression has damaged the economy and that the longer it continues, the weaker the economy will get. Based on the wording of last…
