– by New Deal democrat In the past month or two, a number of times I have been asked by friends and neighbors why, if the economy feels so bad, does the stock market keep making new record highs? And is this a Boom or a Bubble? Here is what I have been telling them. There […]
– by New Deal democrat I am currently on vacation, and as the shutdown continues with no end in sight, the only sources of economic data are from the Fed and its regional banks, the States (unemployment claims and sporadic updates on tax withholding), and private sources. In other words, I might play hooky several days […]
The threats of tariffs and trade wars by Trump appears to have had an impact on the US economy. Moreso than the countries he has been threatening. If they call his bluff, the US population will pay for his malfeasance. Maybe this is what Trump wanted? As reported at Quartz “The stock market’s Trump bump […]
Weekly Indicators for October 30 – November 3 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. One way I keep track of the producer side of the economy is via the long leading indicator of corporate profits and the short leading indicator of the stock market. As […]
I thought this was a nice brief on where the economy is and the lies of the republicans currently. Considering the show that will be put on tonight. Testing the White House Economic Claims
A couple of days ago, James Bianco, chez Ritholtz, noted a WSJ article entitled “Dividend Stocks Become the Heroes”: This year, the 100 stocks in the Standard & Poor’s 500-stock index with the highest dividend yields are up an average of 3.7% before dividend payouts, according to Birinyi Associates. The 100 lowest-yielding stocks are down […]
Felix Salmon comments on media bias at Seeking Alpha: But let’s not kid ourselves that there’s any particular reason why global stocks are falling. And especially, let’s not try to invent some spurious reason for the fall, be it broad and inchoate (“global economy fears”) or weirdly specific (“Federal Reserve pessimism”).…As a general rule, if […]
For years I’ve made it no secret that I thought the US was going to follow Japan into a so called lost decade — of course it’s now more than a decade. With the US stock market now apparently in a free fall I though this chart I’ve been keeping for years would prove of […]
So I use Pandora on my Droid, and it’s pretty reasonable. I haven’t done anything complicated, or even created any mixes. And when I pick Bruce Cockburn Radio or Stevie Wonder Radio or Don Henley Radio or any of the other stations that are perfectly safe to play while at work, there will occasionally be […]
by Mike Kimel The Historical Relationship Between the Economy and the S&P 500, Part 1 This post is the first in a series on the historical relationship between the economy and the stock market. Data used in this post is the adjusted close of the S&P 500 going back to 1950 and quarterly nominal GDP […]