Mixed economic data and a big miss in the ADP employment report continues to cast a shadow over the economy. Treasury ignores SIGTARP, more business as usual.
Posts Tagged ‘KPIG’
Capitalism is dead, credit new king, says Duncan
An interesting piece from the mainstream media on debt and credit. Illustrating the need for a new economic paradigm and questioning China’s ascendance.
When Data Is Spun, What Data Can We Trust?
From the very good Blog by Charles Hugh Smith, of two minds. Modern investing offers the promise that investors who “do their homework” and use data more intelligently than the herd can gain a valuable edge. But what if the underlying data available to the investing public is fundamentally flawed? The federal government agencies that [...]
KPIG Radio – The Profit Motive May 1
April ISM Manufacturing Index gains 1.4 points to 54.8. Data from CoreLogic shows that the expected foreclosure boom is a no show through the 1st quarter.
KPIG Radio – The Profit Motive April 30
Spain joins the recession crowd in Europe. Chicago PMI and Dallas Fed both fall more than expectations. 5 banks failed Friday the year to date total is 22.
KPIG Radio – The Profit Motive April 27
Advance 1st quarter GDP posts a big miss at 2.2%. Muni defaults increase nearly 5-fold in 2011 to 25.4 billion, 2012 is already running twice the year ago rate.
KPIG Radio – The Profit Motive April 26
The CFNAI falls hard in March to -.29. Only 41% of the jobs lost in this recession have been recovered, construction remains particularly hard hit.
KPIG Radio – The Profit Motive April 25
Durable goods orders plunge 4.2% in March. the TARP program remains 119 billion in the red at the end of the first quarter despite claims of profitability.
KPIG Radio – The Profit Motive April 24
The bloom seems to have come off Apple as it falls again. New home sales miss in March. Case/Schiller reports a new post bust low for real estate prices.
KPIG Radio – The Profit Motive April 23
The IMF figures world GDP growth at 3.5% this year and 4.1% in 2013. Yet they expect the US and Europe to grow just .9% this year, optimistic to say the least.
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. 
