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Olduvai III: Catacylsm
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GDP Estimates Crash on Dismal Economic Reports

GDP Estimates Crash on Dismal Economic Reports GDP Estimates are well below 1.0% following industrial production and retail sales estimates. The GDPNow model forecast for the fourth quarter took a dive today to 0.3% from 1.0% a week ago. Similarly, the Nowcast model fell to 0.4% from 0.7%. Pat Higgins at GDPNow explains: “The GDPNow model estimate for real […]

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Where There’s Smoke…

Where There’s Smoke… …There’s central bank manipulation Central banks around the world have colluded, if not conspired, to elevate and prop up financial asset prices.  Here we’ll present the data and evidence that they’ve not only done so, but gone too far. When wee discuss elevated financial asset prices we really are talking about everything. […]

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The Economy Is Like a Circus

The Economy Is Like a Circus The economy is like a circus. It comes to town, and eventually it leaves town. We get paid in tickets to this circus. As long as the circus stays in town, we can use our tickets. Once the circus leaves town, we are pretty much out of luck.1 The reason […]

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Has The Fed Already Lost?

Has The Fed Already Lost? Growth is dying & the Fed has few options left Increasingly we live in a world of Now. Instantaneous access to digital real time data and news has simply become a given in our lives of the moment. You may be surprised to know that the Federal Reserve has taken notice. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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