Daily Archives: April 2, 2015

Key recessionary indicator issues warning

The stock market media is trying to sell a positive spin on this morning’s confirmation that US factory orders increased .2% in February after falling for 6 consecutive months.  The larger story however, is that January factory orders, that had … Continue reading

Posted in Main Page | Comments Off on Key recessionary indicator issues warning

Frank: A Life in Politics

I don’t agree with all of Barney Frank’s take on the origins of the financial crisis (he and others under the Bush administration failed to rein in the mortgage underwriting of Fannie and Freddie that played a major role in … Continue reading

Posted in Main Page | Comments Off on Frank: A Life in Politics

Zell: “I’m looking for demand, and find very little of it”

“There’s a significant and growing disparity between the stock market and the economy,” Billionaire Sam Zell said on CNBC’s “Squawk Box.” “I’m looking for demand, and I find very little of it.” U.S. multinational companies are facing significant competition overseas … Continue reading

Posted in Main Page | Comments Off on Zell: “I’m looking for demand, and find very little of it”