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bbro

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  • Leading Indicators show a positive sign [View news story]
    "In the six-month period ending April 2015, the
    leading economic index increased 2.0 percent "

    Comment below from the October 2007 LEI released on November 21,2007

    "During the six-month span through October, the leading index decreased 0.5 percent"
    May 21, 2015. 10:19 AM | Likes Like |Link to Comment
  • Existing home sales slip in April [View news story]
    Existing Home Inventory to Employed 25 to 44 years old...3.13% 5 year average
    4.0%
    May 21, 2015. 10:15 AM | Likes Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    "Source data is always more accurate than adjusted data by definition."

    I agree in principle but seasonal adjustments generally do a remarkable job
    at explaining change..I have little faith that most investors and financial media would do the enormous amount of homework to find the right answer.
    May 20, 2015. 05:31 PM | 1 Like Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    "Just present the raw data and let everyone else do the adjusting themselves."

    Let ignorance reign....

    take your pick

    Random-walk and random-trend models, autoregressive models, and exponential smoothing models are all special cases of ARIMA models.

    I have 16 proprietary indicators I track that either lead or coincide
    when a recession starts....none are based on data from GDP....GDP
    is a historical document...
    May 20, 2015. 05:09 PM | 1 Like Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    "Is the Atlanta FED engaged in misleading forecasting when it nailed the 1st QTR and is tracking weak growth this quarter as well?"

    So Atlanta FED is the go to source....excellent...you promise to cite it in successive quarters ?....

    I guarantee you Patrick Higgins at the Atlanta Fed is saying to himself
    "GDPnow has errors but they think i have the holy grail".....
    May 20, 2015. 04:36 PM | 1 Like Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    "When the numbers don't fit the narrative, change the numbers."


    Do you understand how GDP is calculated? Easy to criticize.......Explain ARIMA
    May 20, 2015. 04:34 PM | 2 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #75 [View instapost]
    2% 3 month libor does not appear on the Eurodollar futures
    curve until December 2017....Last fall 2% was appearing
    in December 2016 on the futures curve...
    May 20, 2015. 02:14 PM | Likes Like |Link to Comment
  • Fewer Hires Means Fewer Fires (Audio) [View article]
    "If we're not firing a lot of people, we're not going to be hiring a lot of people to replace them."

    Schiff serving up a not so healthy slab of baloney....

    There were 5.1 million hires in March 5.0 million total separations in March 2.8 million quits in March and there were 5.0 million job openings on the last business day of March
    May 19, 2015. 05:41 PM | Likes Like |Link to Comment
  • At the close [View news story]
    GDPnow has 2nd qtr GDP Real equipment spending +3.6%....Real residential investment +3.6%.....Real non residential structures -24% (Oil and Gas Structures folks)

    No recession here...
    May 19, 2015. 05:20 PM | Likes Like |Link to Comment
  • Goldman's Currie: "Too much money" in oil [View news story]
    December 2019 WTI Crude Oil futures...67.60...All time low for this contract 63.30
    May 19, 2015. 04:22 PM | 3 Likes Like |Link to Comment
  • Pain in the sporting goods sector after Dick's reports [View news story]
    Millennials don't play Golf...

    http://bit.ly/1GmqOks
    May 19, 2015. 10:55 AM | Likes Like |Link to Comment
  • Housing starts jump in April [View news story]
    Yep....

    http://bit.ly/1Gm9dco
    May 19, 2015. 09:17 AM | Likes Like |Link to Comment
  • Housing starts jump in April [View news story]
    1st qtr 2015 Housing Starts average was 974,000...February 2015 was the weakest February since February 2012...

    1st qtr 2015 Building permits average 1.065 million
    May 19, 2015. 09:05 AM | Likes Like |Link to Comment
  • Housing starts jump in April [View news story]
    Highest number for Housing Starts since November 2007....
    May 19, 2015. 08:38 AM | 3 Likes Like |Link to Comment
  • Excessive Lending And Spending: The Fed's 'Magic Tricks' Have Backfired [View article]
    Harry Dent...9/16/11....

    "Dent, who predicted the markets would crash about a year ago now says equities will fall “by at least 50% and possibly as much as 75% to our best targets of 3,000 to 3,800 on the Dow.”

    He advises being out of the market or being short between early 2012 and late 2013:"

    http://bit.ly/1GlZ3sh
    May 19, 2015. 08:05 AM | 6 Likes Like |Link to Comment
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