Thursday, October 2, 2014

Jobless claims in September, not seasonally adjusted, have averaged just 236,000 weekly

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Jobless claims in September have now averaged just 236,000 weekly as of this morning's report, the equivalent of an annual rate of jus...
Wednesday, October 1, 2014

At 10.01 VGPMX is tonight again below the March 2009 low of 10.04

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Vanguard Precious Metals and Mining is looking attractive once again, revisiting the territory of December 2013 when the fund briefly di...

ABA survey finds internet banking declines from 39% of customers in 2013 to 31% in 2014

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Branch banking is up from 18% of customers in 2013 to 21% this year in the survey even as the number of branches has fallen back to 2006 l...
Tuesday, September 30, 2014

Obama's 2014 #LIEOFTHEYEAR?

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Obama quoted here , in National Journal, September 16th, 2014, two weeks ago, before the first US Ebola outbreak, reported today: Ob...

Liberal hubris two months ago about Ebola virus may mean death for many Americans

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Flashback to late July when you were on the beach. At the time the mendacious CDC said Ebola wouldn't spread "widely" in t...

US oil refining capacity is mismatched for our boom in light, sweet crude

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So we either expand that capacity, or lift the 1975 ban on oil exports. Obama's decision to do nothing except take credit for produc...
Monday, September 29, 2014

The US Dollar Currency Index, .DXY, is up 8.26% since May 6th: Expect pressure on 2nd half GDP from rising imports

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Friday, September 26, 2014

Bush GDP vs. Obama GDP, same point in their presidencies

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GDP under George W. Bush 5.5 years into his presidency was up nearly 35% nominal. Under Obama GDP is up nearly 18%. Based on that, evi...

2Q2014 GDP, third estimate, comes in at 4.6%, 1Q still -2.1%

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The third estimate of 2Q2014 GDP comes in at 4.6%, up from 4.2% a month earlier, mostly on revisions to exports and nonresidential fixed...
Sunday, September 21, 2014

The Current Asset Allocation of The United States

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Allocated to bonds of all types, through 2Q2014:   $38.17 trillion. Allocated to stocks (current Wilshire 5000 X 1.2): $25.46 trillion....

Total World Stock Market Capitalization Through 2012 Remains 17.5% Below The 2007 Peak

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According to The World Bank, here .
Thursday, September 18, 2014

Nigel Farage: The West is encroaching on Mr. Putin's space

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"We should be viewing Ukraine as a buffer between East and West." Interviewed here . Freedom for me, but not for thee?...
Wednesday, September 17, 2014

HEY HO LETS GO

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Saturday, September 13, 2014

Best reason yet to vote for Terri Lynn Land for US Senate from Michigan

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Her Democrat opponent has been endorsed by former Republican governor, William Milliken. To moderate Republicans, like Milliken, compromisin...
Wednesday, September 10, 2014

Mish finally figures out why the part-timing trend caused by ObamaCare doesn't show up in the stats . . . yet

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Here : The BLS defines part time as less than 35 hours. Low wage industries had a lot of part-timers working 32 hours. Under Obamacare, the ...
Monday, September 8, 2014

Food stamp recipient level up 0.6% in June 2014

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46,496,145 million Americans received food stamps in June 2014. The level remains down from a year ago, now by 2.6%. The total cost in June ...
Sunday, September 7, 2014

Richard Duncan gets creditism wrong three ways

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Richard Duncan gets creditism wrong three ways here  for The Daily Reckoning last July in "Creditism and the Threat of a New Depression...
Friday, September 5, 2014

Employment Situation report records 142,000 added to payrolls in August vs. 212,000 monthly in past year

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That's a 33% decline in one month in the pace at which jobs have been added monthly in the last year. From the report, here : Total nonf...

CNBC's headline expectation of "likely" job growth collides with banner indicating terrible August payrolls miss of nearly 37%

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Thursday, September 4, 2014

Temperature anomaly for Grand Rapids, MI in 2014 falls to -26.3 degrees F through August

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The August 2014 temperature anomaly for Grand Rapids comes in at +0.2 degrees F, which lifts the total temperature anomaly for the eight mon...