Consumer credit quality is stabilizing

A number of the nation’s largest banks, including Wells Fargo and Bank of America, have reported their fourth quarter and full year earnings results. Many of them are reporting that consumer credit quality is stabilizing. In other words, folks previously not...

A calculated lack of economic reporting

Howdy! You may have noticed that I have dialed back my blogging regarding economic statistics. This is a calculated choice on my part. Because there is solid evidence of the economy stabilizing, the importance of economic data to investors has diminished. A year ago...

Earnings results not moving the stock markets

Happy Friday folks! This week has seen a string of positive earnings reports – and yes, revenue growth has been a part of the story. Yet, despite these strong results the stock markets have gone sideways, barely up, and very down. Hmm. I can assure you that this...

OMG – even more hypocrisy

Alright, so I felt that I was done for the day, but then comes this crazy CNN story, “Haiti Was Warned About Quake Risk.” A paper presented in late 2008 by two scientists at the “18th Caribbean Geological Conference” stated that an earthquake...