Feb Goods Trade Balance, Close to Another Record Deficit
Exports minus imports, oh no! For February it is another near record trade deficit for the U.S. economy; and the nearly 50 year trend...
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PMUSA
- Mar 26, 2022
- 1 min
Week Ahead March 28
The focus to start the week remains Russia/Ukraine and reactions to comments by first deputy chief of the General Staff Sergei Rudskoi...
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PMUSA
- Mar 26, 2022
- 3 min
Week In Review for Week Ending March 25
-Data: Monday: no data Tuesday: no data Wednesday: MBA Mortgage Applications (weekly change in the number of mortgage applications)...
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PMUSA
- Mar 24, 2022
- 3 min
Blowback - The Price the U.S. Will Pay for Sanctions on Russia
Blowback, a term coined by the CIA decades ago refers to the unintended consequences and side-effects of a covert operation. Since, it...
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PMUSA
- Mar 24, 2022
- 1 min
February Durable Goods Orders Worse Than Expected
According to the Census Bureau, new orders for manufactured durable goods in February decreased $6.0 billion or 2.2 percent to $271.5...
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PMUSA
- Mar 24, 2022
- 2 min
Word of Caution for Policymakers About Solutions for High Rates of Inflation
As the problem of high rates of inflation begins to dawn on our political leaders, democrats and some republicans are increasingly...
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PMUSA
- Mar 23, 2022
- 1 min
February New Home Sales Fall 2 percent
According to the U.S. Census Bureau New Home Sales in February fell 2 percent to 772,000 units on an annualized basis, and down 6.2...
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PMUSA
- Mar 23, 2022
- 1 min
MBA Mortgage Applications for the Week Ending March 18th Fall Again
Mortgage applications for the week ending March 18th fell 8.1 percent and the rate for a 30 year mortgage rose to 4.5 percent. In...
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PMUSA
- Mar 20, 2022
- 1 min
Week Ahead 3/21/22
Ukraine, many Fed speakers, oil inventories and housing data will keep the attention of market participants this week. Monday Atlanta Fed...
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PMUSA
- Mar 20, 2022
- 3 min
Week In Review March 18th
Data: Monday: no data Tuesday: Feb Producer Price Index (price received by producers for their product) up .8 percent for the month,...
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PMUSA
- Mar 18, 2022
- 2 min
The Fed Raises Interest Rates - Finally
The Federal Open Market Committee (FOMC) completed their two day March meeting deciding to hike the Federal Funds Rate (Fed Funds,...
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PMUSA
- Mar 16, 2022
- 0 min
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PMUSA
- Mar 13, 2022
- 1 min
Elected Officials And Appointed Bureaucrats Don't Like To Retire
The average age of the leading policymakers in the U.S. is 71.5 years: President Joe Biden - 78, first elected 1970 Vice President Kamala...
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PMUSA
- Mar 12, 2022
- 2 min
The Federal Reserve: Destroyer of Markets, Corporate Competition, Retirees, And Savings
Zero interest rates (ZIRP), printing money to buy bonds and monetize U.S federal deficit spending - known as quantitative easing (QE),...
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PMUSA
- Apr 28, 2016
- 4 min
Velocity of Money Explained
As the Federal Reserve Bank (Fed) begins to transition from 6 years of unprecedented monetary policy we are at an inflection point for...
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