The cost of gasoline is down $0.20 from a month ago. On seemingly unrelated news, Job Openings rose 1.5% during the same period. This brings up two points: 1) Domino's should…
Weak export numbers out of China are all we have to go off of today, pushing stocks a little lower and bonds a little higher. On the flipside, US exports…
The Bureau of Labor released their Jobs Report showing that 175,000 new jobs were created last month. This is considerably higher than most analysts expected. The data also showed that average…
CoreLogic reports this morning that due to rising home prices, another 4 million American homes are no longer under water compared to this time last year. Weekly Jobless claims fall…
After a bit of a sell off yesterday afternoon, Bonds are bouncing back this morning on weak economic data. The ISM Service Index moves down to a four year low…
Continuing the spirit of a gracious Olympic host country, today Russia said that there is no need to invade Ukraine yet. I guess that someone figured that Russia's 33 medals…
Russian President Vladimir (who wrestles wild animals topless) is set to invade Ukraine "to protect its interests and citizens". Stocks don't like turmoil and are currently down just over 1%…
The Gross Domestic Product for the fourth quarter of 2013 was released this morning at 2.4%, way down from the 3rd quarter's fiery 4.1%. The decline is due in part to…
Federal Reserve Chair Janet Yellen is on Capitol Hill today setting before our congress the FOMC's current monetary policy. She says that there has been quite a bit of "soft" data reported lately, meriting…
The Case Shiller Home Price Index shows slowing appreciation across the country. On a year-over-year basis, prices are up 13.4% through the end of 2013. (SA on the chart stands…
Perhaps that reason that homebuilders are feeling dour about the new construction industry is indicative in the 16% decline in Housing Starts, now down to an annualized 888K units. Building permits also fell…
I look at tax returns all day long, so it is interesting when the IRS publishes their data. Albeit antiquated (the last composite disseminated is from 2011), this chart shows…
So yesterday I mentioned that those who run our country will have unlimited spending for the next 13 months and that our national debt has soared to $17.2 trillion. I…
Three percent more people filed for unemployment last week than the week before, and Retail Sales show a -0.4% drop in January and December's reading was also revised down below…