The Great Recession Was Avoidable

Those of you who have read my book The Intuitive Investor: A Radical Guide for Manifesting Wealth know that I retired from my position as co-portfolio manager of the Davis Appreciation & Income Fund after a meditation I had in New York City on October 21, 2004 in...

First Annual Retail Sales Preview

This is the first of what will become an annual feature of the “what my intuition tells me now” blog: a qualitative preview of retail sales figures.   The reason this preview comes in January, rather than December, is that most retailers report their...

CONSUMER CONFIDENCE RISES

Today there was an excellent and strong rise in consumer confidence.   The Conference Board says that consumer confidence rose from 53.3 in December to 60.6 in January.  This is the highest reading since May 2010 when the stupid Wall Street “flash...

Hiring is just around the corner

The National Association for Business Economics this morning released interesting data.  Namely, that of its surveyed companies, 42% are expecting to add more jobs in the next six months.  Contrasted with that, only 7% said that they expect to have fewer jobs.  ...

Consumer spending will rebound

One of the largest trends that I have been tracking since the beginning of the economic downturn is consumer spending.  Lining the storm clouds with silver has been that the U.S. consumer has learned or remembered how to save money.  And here I am not talking about...