What the Fed’s do nothing Wednesday said about an interest rate increase in...
My family and I move every 20 years or so whether we need to or not, so on Wednesday when the Fed was making its decision to keep interest rates right where they are, I was busy unpacking all the boxes...
View ArticleWhat me worry?
Am I the only one who finds Friday’s GDP report of 1.2% annualized growth worrying? Especially when combined with a drop in consumer sentiment? What’s bothering me? The deeply disappointing second...
View ArticleHow long will consumers dip into savings to keep spending?
Yesterday I wrote http://jubakpicks-1565237904.us-west-2.elb.amazonaws.com/2016/08/01/what-me-worry/ that the combination of slower GDP growth (1.2%) in the second quarter plus declining consumer...
View ArticleNegative news on manufacturing today is a worrying set up for tomorrow’s...
Manufacturing activity in the United States contracted, unexpectedly, in August, according to the Institute for Supply Management’s manufacturing index released today, September 1. The index fell to...
View ArticleWeaker than expected August jobs number takes odds of Fed increase in...
Take a Federal Reserve interest rate increase at the central bank’s September 21 meeting off the books. Today, the Labor Department reported that the U.S. economy added only 151,000 net new jobs in...
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