Consumers Are Doing Fine… weakness among traditional brick and mortar stores. Meanwhile, sales at non-store retailers, which include internet sales, have been growing at a 10% annual pace.
Category Archives: Weekly Market
“Shiller P-E” Still Wrong Signal…For many years now a relatively large contingent of analysts, investors and journalists have been convinced the stock market was in a bubble because the “Shiller P-E” ratio was just too high.
Unfortunately, Still a Plow Horse. Yes, Friday’s report of the Q2 real GDP growth rate was a little faster than average, but, with one exception, it remains the same Plow Horse it’s been for the past eight years.
Moderate Growth for Q2. But consistently better growth is going to take more than lots of talk from Washington, DC. Instead, it’s going to take some concrete steps, like less regulation, lower tax rates, less spending, and a more free-market approach to health care.
Hey Government: It’s Time to Get Serious.Government fiscal management is completely out of control!
Remember the weak May payroll report – just 138,000? Didn’t think so… the weak May number was due to a calendar quirk that led to an undercount of college kids getting summer jobs.