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What the Heck Happened to the Chicago PMI?

What the Heck Happened to the Chicago PMI?

How is this not in the national headlines? The Chicago PMI has taken its biggest plunge since October of 2008 – remember what was happening at the time?The Chicago PMI…

Microcosm of the National Inflation / Jobs Story $

Microcosm of the National Inflation / Jobs Story  $

My dad put me onto a story out of Oklahoma that is a small example of what is beginning to take place in the broader labor market. Did you see…

Inside the Q2 GDP Surge $

Inside the Q2 GDP Surge  $

  The Federal Government released Q2 GDP estimates on Wednesday and the initial headline figures came in robust. Q2 GDP growth was 4% (analysts were looking for growth of 3%).…

Christmas Gift: Job Cuts in July $

Christmas Gift: Job Cuts in July  $

That’s a play on words, but the Challenger, Gray, and Christmas (CGC) job cuts report for July (known as the Challenger Report) showed that corporate job cuts were 49% higher…

It’s not the Big Mac Index…But $

It’s not the Big Mac Index…But  $

McDonald’s reported earnings for the second quarter today and the company took a big hit. As is our policy with all corporations, we only run financial news when it pertains…

Sobering Chart from the CBO on the Federal Deficit $

Sobering Chart from the CBO on the Federal Deficit  $

They call it “debt owed by the public”, essentially it is Federal debt and deficits that you and I owe to put the government back on track. The Congressional Budget…

Existing Home Sales Jump in June

Existing Home Sales Jump in June

Existing home sales, as reported by the National Association of Realtors, jumped 2.6% to a seasonally adjusted rate of 5.04 million in June from 4.91 million in May. This rate…

Why Are People Worried About Inflation? $

Why Are People Worried About Inflation?  $

This is more than a rhetorical question. Of course we all know what makes inflation such an issue. The price hikes that are triggered by an inflation spike will affect…

What Would Change the Oil Price Situation $

What Would Change the Oil Price Situation  $

First, a review of the year in fuel pricing and some of the more salient factors. The expectation at the beginning of 2014 was that fuel pricing would be lower…

Small Business Optimism Slips $

Small Business Optimism Slips  $

The National Federation of Independent Business released its June Optimism Index today and we saw it slip a bit from May figures. Small businesses showed that 6 of 10 categories…

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