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Another Growth Scare
The stock market is in the midst of another growth scare, in our opinion. The latest batch of economic indicators…
Economic Survey
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Are Home Prices Just Too D@mn!#$ High?
We were surprised to see the sharp drop in the percentage of survey respondents with plans to buy any home…
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Confidence Survey Shows Jobs Are Still Relatively Plentiful
The first available monthly indicator of the labor market is the "jobs plentiful" series in the Consumer Confidence…
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Game Over For Birth/Death Adjustment?
Some economists claim that recent nonfarm payroll gains are misleadingly strong and are masking the underlying weakness in the labor…
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Will Depressed Small Business Owners Depress The Economy?
Stocks marked time today, while bonds rallied after the National Federation of Independent Business (NFIB) released its March survey of…
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Short-Term Caution Signs
The S&P 500 and Nasdaq 100 rose to fresh record highs today. That's great. Not so…
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The Promised Land
The permabears will have to postpone their imminent recession yet again based on today's batch of US economic…
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May's Regional Business Surveys Remained Weak
A federal debt ceiling deal is in the works. The stock market yawned. The bond market rallied. Interest rates fell…
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The Economic Week Ahead: May 30-June 2
Now that a debt deal is on the verge of becoming a done deal, the markets can focus on economic…
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A Dish of Mixed Nuts
Today's economic indicators show that the labor market remains tight, while manufacturing activity remains weak. That mix supports…
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Tale Of Two Surveys Of Purchasing Managers
Today's NM-PMI for February was happier than the month's M-PMI released on Wednesday. On balance, they…
