“This Ain’t Rocket Science Folks” – Fundamentals Matter (And Will Always Matter)

“This Ain’t Rocket Science Folks” – Fundamentals Matter (And Will Always Matter)

Submitted by Thad Beversdorf via FirstRebuttal.com, Challenge For the Market Pros, CEOs and PhDs…Read and Answer the Last Sentence Now we’ve all heard a lot of statistics that depict both a good and bad employment picture.  We have 5% U3 (historic lows) but we have 62% labour force participation rate (record lows for double income household era).  We hear Obama suggest he’s created 7 million new jobs but wages are stagnant.  So is the job market good or bad? Remember job growth figures are irrelevant without the context of the working…

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What The Fed Hasn’t Fixed (And Actually Made Worse)

What The Fed Hasn’t Fixed (And Actually Made Worse)

Submitted by Charles Hugh-Smith via OfTwoMinds blog, The Fed has not only failed to fix what's broken in the U.S. economy–it has actively made those problems worse. The Federal Reserve claims its monetary interventions saved America from economic ruin in 2009, and have bolstered growth ever since. Don't hurt yourself patting your own backs, Fed governors past and present: it's bad enough that the Fed can't fix the economy's real problems–its policies actively make them worse. After seven long years of politicos and the financial media glorifying the Federal Reserve's…

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Is The Donald A Dollar Risk?

Is The Donald A Dollar Risk?

The U.S. dollar will weaken sharply if Donald Trump wins the presidential election in November, according to Bloomberg's Mark Cudmore. But it’s less clear if the sell-off has legs beyond his potential inauguration in January. Given some of the pronouncements made during his campaign to date, markets will rightly be concerned about the direction of Trump’s policy. But, without taking a view on whether he actually intends to preside as indicated, the reality is that he’ll be severely constrained in his ability to dictate policy. Recent polls show that a…

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