Thursday, July 30, 2015
Explaining the Stock Market’s Zen (excerpt)
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The S&P 500 has been trading in a remarkably narrow range since mid-February between 2040 and 2130. As I’ve noted before, since the s...
Wednesday, July 29, 2015
Is US Economy Getting Soft Again? (excerpt)
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The US economy skidded on an ice patch at the start of the year. It seemed to be stuck in a soft patch during the early spring. However, ...
Tuesday, July 28, 2015
Global Economy Needs Restraining Order (excerpt)
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Economic growth can be like a drug. It can produce a real high, especially if it is laced with lots of debt. Fast growth justifies takin...
Monday, July 27, 2015
When Will the Next Recession Start? (excerpt)
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I have previously shown that based on the past five business cycles, the next recession might not start until March 2019. I examined the...
Thursday, July 23, 2015
More “Selfie” Households Who Rent (excerpt)
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On a year-over-year basis, household formation hovered mostly below 1.0 million units from 2007 through mid-2014. Over this period, the g...
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