Wednesday, February 4, 2015

The Lay-Offs Begin

Tuesday, February 3, 2015

US Macro Data Weakens, Even As Stocks Rally!

THE TRUTH! While the Prevaricator President and Fed Chair Janet Yellen tell us that the US economy is strengthening, the economic macro data tells us the opposite is true. This shows the weakening macroeconomic data (shown in red), overlaid with the S&P 500 stock index (green).
Meanwhile, the percentage of American adults with jobs is at 38-year LOWS!

Wall St Rejoices at Higher Crude, Gas Prices!

The Dow is up over 350 points in two days, due to the rise of crude oil prices above $51/barrel, up more than $7/barrel since last Thursday. In their short-sighted way, they view high gas prices to consumers as good because it helps to keep high-paying jobs alive in the energy sector. But did they miss the impact on the rest of the economy?

Monday, February 2, 2015

Price of Crude Oil Explodes Above $50

The price of crude oil has exploded higher in the past two trading sessions, and Wall St is viewing this as good news!

Stocks Drop, Then Rally Following Bad News

 So naturally, with a QE-addicted market now, stocks RISE following such news.
But perhaps investors didn't hear also the news that corporate earnings are also collapsing. But who cares? After all, we have printed prosperity now!