Q 4 GDP comes in weak at +2.8%. The CFNAI improves to -.08. Kansas City Fed Index jumps 9 points to +7. Euro zone slipping into recession, will we follow?
Posts under ‘Deflation’
KPIG Radio / The Profit Motive December 29
Mixed economic data leaves the major averages struggling to end the year positive. Gold slips again, has the trend become the enemy? What about hyperinflation?
KPIG Radio / The Profit Motive December 2
November unemployment plunges to 8.6% with 120,000 new jobs, better than expected but 500,000 gave up looking hence the .4% drop in the unemployment rate.
KPIG Radio / The Profit Motive November 1
The Greeks spook the markets again, Manufacturing and construction increase, deflation makes an appearance. MF Global loses 700 odd million in client funds.
KPIG Radio / The Profit Motive September 30
Stocks look to close the 3rd quarter with the major averages holding double digit losses and negative year to date. Personal income falls again, deflation?
KPIG Radio / The Profit Motive August 4
Stocks plunge again as Euro jitters intensify and anecdotal employment data comes in negative ahead of tomorrows job report. Unemployment benefits get cut.
KPIG Radio / The Profit Motive August 3
July ISM Services Index slips to 52.7, prices down 4.3 to 56.6, New orders up to 51.7. Once again inflation is driven by commodities and energy speculation.
Housing Losses Are a Financial Disaster
Looking at the changing attitudes towards homeownership and its viability as a builder of household wealth, through the eyes of your average Joe the ground.
When the housing bubble pops again.
It always was about debt. So what if banks have trillions of dollars to lend if you do not have a population with adequate income to service the debt?
KPIG Radio / The Profit Motive May 5
Stocks and commodities continue their sharp reversal. Unemployment claims jump to 474,000. The real estate double dip is official in March with a new series low
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. Much like my daily radio show on KPIG 107.5 FM in Santa Cruz California and KPYG FM 94.9 Cayucos/San Luis Obispo California. A thousand Blogs were able to spot the current problems and many began discussing it years before it reached crises proportions. While there were exceptions, and these exceptions are becoming more common, the mainstream media failed to get it and largely continue to do so.
