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The Global Focus for the Federal Reserve $

The Global Focus for the Federal Reserve  $

At the start of the year the Federal Reserve added some new members and they are having an impact on the way the Board thinks. Stanley Fischer was the head…

A Couple of Interesting Stats Worth Thinking About

A Couple of Interesting Stats Worth Thinking About

There was a study posted by Experticity and the University of Pennsylvania concerning employees and performance and it has some interesting data concerning well trained, knowledgeable employees at a retail…

Business Roundtable Survey Shows a Turn in CEO Sentiment $

Business Roundtable Survey Shows a Turn in CEO Sentiment  $

Perhaps this was expected, but the Business Roundtable’s Survey of CEO’s shows that they are more bearish on the next six months. Twenty percent of all CEO’s expect their employment…

Chicago PMI Gives a Good Shot of Next Week

Chicago PMI Gives a Good Shot of Next Week

The ISM will release its national PMI for manufacturing next week – and if it goes like the purchasing manager indexes from Chicago and other regional Fed’s, it should go…

Are There Economic Lessons in Ferguson? $

The race riots in this St. Louis suburb have been a shock to the nation and for the last week it has been the latest example of a story that…

What Inflation? $

What Inflation?  $

Right now the inflation hawks are starting to feel a little like the guy who has been standing on the corner for the last twenty years with a sign that…

Inside the Home Depot Numbers and the Consumer $

Inside the Home Depot Numbers and the Consumer  $

Home Depot released earnings for the second quarter and reported that sales of appliances and big ticket items (over $900) were up 8.4% in the second quarter. As we mentioned…

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%).…

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