The October employment report was another solid one. Overall, I’d say the economy continues to just muddle through here. Things aren’t great, but they’re not that bad either. Here are [ … ]
The Presidential Stock Market Cycle Says Watch out Below in 2014
The President Stock Market Cycle, which is a thin dataset of trading trends around the Presidential cycle, says that year two of the cycle tends to be a bad year [ … ]
Rail Traffic Logs Highest Reading in 7 Months
Rail traffic continues to tell an optimistic economic story as the AAR reported a 10.8% surge in weekly intermodal traffic. This reading brings the 12 week average to 4.9% which [ … ]
Shiller: Is Economics a Science?
This is a thoughtful piece today by Robert Shiller on the question about economics as a science. I think he cuts right to the heart of the matter: “One problem [ … ]
Individual Investor Bullishness hits 6 Year High
Equity allocations reached a 6 year high according to the latest AAII asset allocation survey. The latest equity allocation reading of 66.3% is a level that hasn’t been seen since [ … ]
Gas and Food Prices hit 2013 Lows
The Federal Reserve prefers not to focus on inflation within the energy and food segments, but that doesn’t mean they’re not important. They’re just volatile components that can lead to [ … ]
Credit Suisse: 4 Risks to the Rally
I’ve always liked Andrew Garthwaite’s work at Credit Suisse. In a recent note he discussed the biggest risks to the market (via Business Insider): “Overall, we continue to believe that [ … ]
SSA: Real Median Wages up 14% Since 1990, Flat Since 2001
The latest update from the Social Security Administration on median wages showed a modest uptick in median wages. The median wage in the United States rose to $27,519 in 2012, [ … ]
The US Government is not “$16 trillion in the hole”
There was a very scary sounding report on CNBC over the weekend that said the US government is “$16 trillion in the hole” The balance sheet the article used was [ … ]