Wed, 18 February 2015
Bill Tatro believes that before you trust any number issued by the government, you should probably have your head examined by several mental health professionals. Every number issued by the government is part of an agenda to make the populace feel better about things, even though they know that things are not getting better. Nowhere is this truer than with the unemployment numbers. The government says it's around 5.6 percent, but the real number is much higher, just look at the labor force participation rate and you'll understand why. It's hovering at generational lows and keeps going lower. This is a sure sign that recovery is not right around the corner.
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Wed, 18 February 2015
Whatever it Takes Wednesdays with Andrew Hoffman!
Greece!
Central banking gone mad - 65% of survey participants believe Central bank actions will be the most important market movers in 2015.
U.S. economic data plunge! - housing starts, refi activity, retail sales, industrial production, consumer confidence, jobless claims -today biggest ever PPI drop for January - but BLS says largest real wages increase in years! -rig counts -record low Baltic Dry Index -record high oil inventories
Record Chinese gold imports 2/28 India will probably repeal PM import tariffs miner armageddon thus far - as planned, with tomorrow being super thursday for earnings
FOMC minutes today -fed's gambit of goosing 10-year backfiring -now in oil manipulation (supporting) business now, too - will FAIL
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