Retail sales surprise on the good side

In the month of July, U.S retail sales were much stronger than expected, growing for the first time in 3 months.  Specifically, the U.S. Commerce Department recorded an increase of 0.4%.  Most of this increase was made up of increased spending on automobiles and gas. ...

Productivity is slipping

This morning the Department of Labor will be issuing its U.S. job productivity figures.  The numbers are expected to show a decline in the efficiency of U.S. workers. Analysis: Much may be made by the press about slipping productivity.  However, I am not that...

Unemployment numbers

This morning the U.S. Labor Department announced the unemployment figures for the month of July.  In short, they don’t look good…initially.  Technically the U.S. economy lost 131,000 jobs last month.  Of those losses 143,000 were U.S. Census jobs. ...

Wonderful shareholder empowerment news

In a decision that definitively will change the face of U.S. capitalism and investing, the Securities and Exchange Commission (SEC) today announced that in August at some point shareholders will receive the right to directly nominate candidates for a company’s...

Evidence of the game of chicken

Good morning everyone! Last month I wrote a post entitled “a game of chicken.”  Largely it was my analysis of the economic and financial markets landscape.  This morning brings numerical support of my contention. Consumer spending grew 0.1% in June, while...