Bullet Edition No. 13

This post was originally published on this site(SGS Subscription required) • Booming Stocks Versus Booming Gold? Unfolding Conditions Strongly Favor Precious Metals, Not Equities • Consumer Liquidity Stresses Intensify; Economic Outlook Continues to Deteriorate Markedly • Sharp Jumps in Annual July Money Supply Growth Suggest Possible Easing, Yet the Monetary Base Remains in Historically Deep … Read moreBullet Edition No. 13

Bullet Edition No. 10

This post was originally published on this site(SGS Subscription required) • Economic Downturn Continued into Second-Quarter 2019; Faltering April Freight Volume Presaged Declines in Production and Retail Sales • April Manufacturing Turned Negative Year-to-Year for First Time Since 2015, When Freight Volume Also Turned Negative, Signaling the Onset of an Unofficial Double-Dip Recession in Production … Read moreBullet Edition No. 10

Bullet Edition No. 9

This post was originally published on this site(SGS Subscription required) • INFLATION, PENDING ECONOMIC HEADLINES, MARKET TURMOIL • Inflation Increase Reflected Gasoline Prices, Not a Booming Economy • Real Average Hourly Earnings Declined for the Second Straight Month • Weaker Than Expected Economic Reporting Looms • Downside Revisions to First-Quarter GDP Should Follow • Market … Read moreBullet Edition No. 9

Bullet Edition No. 8

This post was originally published on this site(SGS Subscription required) • PAYROLLS, CONSTRUCTION SPENDING, TRADE, CONSUMER AND THE FOMC • Even in a Bifurcated Economy, Growth Depends Upon a Financially Healthy Consumer • Yet, FOMC Policies Still Strangle Consumer Liquidity • Signs of a Deepening Contraction in the Monetary Base • New Recession Remains in … Read moreBullet Edition No. 8

Bullet Edition No. 7

This post was originally published on this site(SGS Subscription required) • INITIAL FIRST-QUARTER 2019 GDP ESTIMATE WAS NOT CREDIBLE • Downturn Has Just Begun; Recession Remains in Play, With FOMC-Generated Financial Stresses Still Diminishing Consumer Activity • Consumer Controls 72% of GDP, but Generated Only 22% of GDP Growth • Advance First-Quarter Real GDP Gain … Read moreBullet Edition No. 7

No. 983b: Updated ALERT, Economic and Financial Market Review

This post was originally published on this site(SGS Subscription required) • UPDATED ALERT: As U.S. Economic Activity Turns Increasingly Negative, So Too Will the Stock Market and the U.S. Dollar • February Real Median Household Income and March Real Hourly Earnings Declined; Excessive FOMC Rate Hikes and Tightening Have Pummeled Consumer Liquidity • Sharply Deteriorating … Read moreNo. 983b: Updated ALERT, Economic and Financial Market Review

Bullet Edition No. 6

This post was originally published on this site(SGS Subscription required) • PENDING DOWNTURN IN ECONOMIC EXPECTATIONS • New Recession Should Be Timed from November/Fourth-Quarter 2018 Peak; Fourth-Quarter 2018 GDP Faces Still Further Downside Revision; First- and Second-Quarter 2019 Real GDP Quarterly Contractions Loom • Current, Positive Economic Expectations Should Drop Sharply, Following Heavily Negative Economic … Read moreBullet Edition No. 6

Bullet Edition No. 5

This post was originally published on this site(SGS Subscription required) • Reporting-Quality Issues Mount With Shutdown Catch-Up Data • Fourth-Quarter 2018 GDP Growth Slowed Sharply, With Further Downside Adjustments Pending in July 26th Benchmarking • Industrial Production Benchmark Revision Patterns Suggested Still-Slower Fourth-Quarter and Near-Contraction First-Quarter Activity • Contracting First- and Second-Quarter 2019 GDP Activity … Read moreBullet Edition No. 5

Bullet Edition No. 3

This post was originally published on this site(SGS Subscription required) • Consumption/Manufacturing Downturn Driven by Consumer Liquidity Woes • Weakening Industrial Production, Manufacturing and Capacity Utilization Were Consistent With a Pending Downside Revision to Fourth-Quarter 2018 GDP and Signaled High Odds of a First-Quarter 2019 GDP Contraction • These Data Reinforced Similar Negative Revisions Seen … Read moreBullet Edition No. 3

Bullet Edition No. 2

This post was originally published on this site(SGS Subscription required) • Latest Retail Sales, Employment and Monetary Base Show Increasingly Negative Economic Trends • January 2019 Retail Sales Signaled a Downside Revision to Fourth-Quarter 2018 GDP, Along With an Early Indication for a First-Quarter 2019 GDP Contraction • Annual Growth in February 2019 Payrolls Slowed … Read moreBullet Edition No. 2

Bullet Edition No. 1

This post was originally published on this site(SGS Subscription required) • Some Observations on a Sharply Deteriorating Trade Deficit • Real Merchandise Trade Deficit Just Hit Its Worst Level Ever; Annual and Fourth-Quarter 2018 Deficits Were Deepest in History • Unfolding Trends Have Horrendous Implications for GDP Please follow and like us:

No. 983a: Updated ALERT, Advance Economic and Financial-Market 2018-2019 Review and Preview

This post was originally published on this site(SGS Subscription required) • U.S. Economy and Markets Are Transitioning, and It Is Not Good News • Excessive FOMC Rate Hikes and Tightening of the Last Year Have Pushed the Economy to the Brink of a New Recession, Exacerbated by the Shutdown • Headline Back-to-Back First- and Second-Quarter … Read moreNo. 983a: Updated ALERT, Advance Economic and Financial-Market 2018-2019 Review and Preview

No. 982: Stock Market, December 2018 Employment and Unemployment, Monetary Conditions

This post was originally published on this site• One Cannot Fool Main Street, U.S.A., With Media Hype; Average Person Has a Stable, Solid Opinion as to How He or She Is Doing • Federal Reserve Has Not Eased Its Tightening Policies, and the Economy Continues to Turn to the Downside, Sinking Anew • Benchmarked Headline … Read moreNo. 982: Stock Market, December 2018 Employment and Unemployment, Monetary Conditions