Summary: On Thursday I posted "Ignore The Bond Bears, The Fed Will Not Raise Rates". Many on Wall Street disagree -- most of whom since 2012 have expected a cycle of rising rates to begin really soon. Such as J. P. Morgan's prediction of a rate increase in December. Friday's data confirms my forecast in … Continue reading Move evidence the Fed will not raise rates on our slow-mo economy
Summary: Since 2010 I have said that the economy is locked in slow-mo and the Fed will not start a new rate cycle. It's even more true today than in 2010. Many investors and economists are convinced that the Fed will soon end its near-zero interest rate policy and begin raising rates - "normalizing them". … Continue reading The Fed Will Not Raise Rates In The Foreseeable Future
Summary: Ignore the Bulls & Bears. Their need for clickbait stories turns noise into news. See the key trends in the jobs numbers, revealing the forces shaping the US economy. The jobs report confirms that the US economy grows slowly, and is slowing. It gives no evidence that the US is accelerating, or that the … Continue reading Ignore The Bulls And Bears. See The Key Trend In The Jobs Numbers.
Summary: Can America no longer grow? Have we exhausted the potential for future technological progress? Let's look at how far we have come and ask if the engines of progress that produced these wonders can no longer work for us. “Innovation of new forms of society and technology. It is the key to our progress. … Continue reading Ignore the skeptics. America can still grow.
Summary: Today's job report show one reason we see our world so poorly -- we read the news. Journalists and the experts who make headlines give us exciting stories of constant change. But the world usually changes slowly. Sometimes, as in this economic cycle, slow stable boring growth is the story. That generates no clickbait, … Continue reading The jobs report shows why so many don’t understand the US economy