Saturday, October 10, 2015 09:42 AM
Partly Cloudy 7°C
The lengthy and rather tepid economic recovery since the so-called end of the Great Recession in 2009 is proving to be problematic for the world's central banks, most notably, the Federal Reserve which has the unenviable position of being the world's lead central bank. As we
As most of us are aware, wages for most American workers have barely kept pace with inflation. In fact, as shown on this graph
from FRED, real wages have grown by a miserly 12 percent since the first quarter of 2000:
A recent but little covered speech
given in May 2015 by Janet Yellen provides us with her personal viewpoint on when the Federal Reserve should "lift-off" and what economic problems still exist that has held the Federal Reserve back from its "date with interest rate
On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. Additionally, it was a week-over-week number which makes it all the
The party is over for tight oil.
Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies.
Reports this week from IEA
paint a bleak picture for oil prices as the world production surplus continues.
With all of the handwringing over the Federal Reserve's liftoff, there is one factor that will have a significant impact on the economy of the future, a factor that the world's central banks have been responsible for creating and yet, there is little or nothing that they will be able to do
As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can give ourselves an edge, that enough research will reveal to us the next move, either a long term trend or an intraday blip on a chart, and that we
Do you have faith in your local police department?