Does the Mini-Bounce in Retail Sales Mean Anything? [View article]
Adjust for spending on gasoline and price inflation, and you don't just have a dead cat bounce - you have a dead cat bouncing down the basement stairs.
Kudlow's law? Never use "financial market stats to backup a political argument.": From my viewing of the CNBC resident class apologist, that's all he ever does is use "financial market stats" to backup his conservative political position. re Market return since 2001 (7 years, in process): I recall a time when banks advertised the power of compound interest, at a modest 5%, would double your money every 7+ years or so. Since the average Joe/Josephine, isn't coupon cutting like the capital gains layabouts and their agent Wall Street touts, he/she is really suffering financial delusions of well being.
Does the Mini-Bounce in Retail Sales Mean Anything? [View article]
The Dow Hates Bush? [View article]
re Market return since 2001 (7 years, in process): I recall a time when banks advertised the power of compound interest, at a modest 5%, would double your money every 7+ years or so. Since the average Joe/Josephine, isn't coupon cutting like the capital gains layabouts and their agent Wall Street touts, he/she is really suffering financial delusions of well being.