December BLS jobs reports is +200,000, hours and wages also improve. All beat expectations, a good report but not quite as great as the headline suggests.
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KPIG Radio / The Profit Motive December 28
Western and Iranian saber rattling spooks the markets. An Alabama GO bond defaults. Europe’s crisis eases further. Japanese economic data goes south.
KPIG Radio / The Profit Motive September 27
Another big day of market gains. Europe continue to wobble towards a bail out. Shadow inventory falls, prices increase, new home sales are tracking a new low.
KPIG Radio / The Profit Motive March 17 Audio
Bargain hunting pushed stocks higher on mixed economic data. 20 big banks get investigated for manipulating the LIBOR rate, Are the banks just fraud factories?
KPIG Radio / The Profit Motive March 8 Audio
Consumer credit increases for a 4th month. Core Logic reports more homes are underwater. The AG’s deal with the servicers is another handout at our expense.
KPIG Radio / The Profit Motive January 25 Audio
The Profit Motive January 25
KPIG Radio / The Profit Motive January 4 Audio
The Profit Motive January 4
KPIG Radio / The Profit Motive October 27 Audio
The Profit Motive October 27
KPIG Radio / The Profit Motive October 5 Audio
The Profit Motive October 5
KPIG Radio / The Profit Motive August 30 Audio
The Profit Motive August 30
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. 
