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 annual sales numbers for the year prior at the end of January.  By doing this they capture in their totals all of the holiday...
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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 crash” followed quickly by those idiot liars and their debt crisis, the Greeks, tanked consumer confidence.  It has been a long road...
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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.   Analysis: I consider this survey to be a positive thing.  Unfortunately, the NABE survey only asked 84 companies.  While these...
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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 socking money away in a retirement account.  I am talking about finding a way to buy something without having to finance the...
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Effect of a Chinese bubble burst

I can see that my last post about the building Chinese asset bubble has caused some alarm.  To allay those fears let me first start by saying that I think the effect of the asset bubble bursting in China will be much less pronounced on the rest of the world’s economies when compared to the asset bubbles bursting in the United States and Europe during the Great Recession.  Here’s...
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More evidence of Chinese bubble

Yesterday Stratfor, alias Strategic Forecasting, Inc., announced that its sources, combined with its own internal analysis, provided evidence for a new money supply tightening policy from the Chinese government.   To stave off the effects of the global recession the Chinese government pumped billions of dollars into its economy.  This policy succeeded in providing very cheap, practically...
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20 January 2011: My interview with Blog on Books!

Today my interview with one of the Internet’s premier book blogs, Blog on Books, went live.  Follow this link to read what I had to say about The Intuitive Investor: A Radical Guide for Manifesting Wealth.   Thanks to the folks at Blog on Books for the opportunity!
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