More and More The Economic Inflection

By |2019-05-31T18:32:05-04:00May 31st, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

You do wonder sometimes whether the person responsible for writing these things ever cringes while they do so. Are they ever shocked by a sudden bout of conscience? Then again, most of it is bland boilerplate language and when it’s not the difference is hidden under a maze of intentionally induced complexity or misdirection. The [...]

Personal Income/Spending Report

By |2008-10-31T10:10:20-04:00October 31st, 2008|Markets|

According to the Bureau of Economic Analysis and its monthly report on Personal Income/Spending, in the past few months, US consumers have cut back on big-ticket purchases and expenses and started saving for a change. Nominal consumer spending decreased 0.3% for the month of September, after a flat August. This was inline with economists estimates, as a loss was [...]