I’m not sure Leonard Pitts is correct about Bobby Jindal rethinking his belief in less government. What if your next-door-neighbor contracted with a wind energy company to erect a wind generator, and it fell on your property? You’d be angry at the company, but you’d hold your neighbor responsible.
Now, the US Government claims [...]

The entire system around which daily life is organized in the United States, undergirded by the Federal Reserve Note dollar, is crumbling. Both long-term trends and externalities, like the BP mess, are natural and predictable consequences. Inertia is such a strong force that the avoidable often becomes, in the macro, unavoidable. But individually you can [...]

Toby Connor has an essay posted at goldseek.com with a title that I find very intriguing, namely “The Strong Hand Theory” because it sounds like it could be all sorts of terrific things, ranging from a new Sherlock Holmes mystery to “How to destroy brick buildings with a karate chop with your bare hand and [...]

The Mortgage Bankers’ purchase index was released at 7:00 AM EDT, and there was a week to week increase of 7.4% last week, which is the second week of gains in a row, and was attributed to the end of the second federal stimulus program and low interest rates.
At 10:30 AM EDT, the weekly Energy [...]

The Mortgage Bankers’ purchase index was released at 7:00 AM EDT, and there was a week to week increase of 10.1% last week, which was attributed to the end of the second federal stimulus program and a decrease in mortgage rates from last week.  This increase followed a decline of 10.5% in the previous week.
At [...]

The Mortgage Bankers’ purchase index was released at 7:00 AM EDT, and there was a week to week decrease of 10.5% last week, due to an increase in FHA mortgage premiums and causing concern about the housing market as the second federal stimulus program comes to an end.
At 8:30 AM EDT, the Consumer Price Index [...]

The Mortgage Bankers’ purchase index was released at 7:00 AM EDT, and there was a week to week gain of of 0.2% last week.  Also, mortgage rates were up 27 basis points in that week.
At 10:30 AM EDT, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil [...]

There has been a lot of discussion around here lately about inflation, mostly about who is divided up into the “We’re freaking doomed!” camp (me), and who isn’t in that camp, but instead are over in the other camp, which is, apparently, mostly everybody else, all of whom I consider to be morons who think [...]

As much as I scream in Loud Mogambo Outrage (LMO) about the sheer amount of money that is being created that will create horrendous inflation in prices, using whatever data that I can easily get my hands on or, better yet, falling into my lap, or, as a last resort, just making up facts and [...]

At 8:15 AM EDT, the ADP Employment Report will be released.  Investors will be watching this number to get advance notice on the state of the job market in advance of the government’s report on Friday.
At 9:45 AM EDT, the Chicago PMI Index for March will be announced.  The consensus index value is 61.0, which [...]