The list of cheerleaders who have touted a phony U.S. manufacturing renaissance ranges from President Obama to the Boston Consulting Group to countless reporters who have parroted their largely fact-free claims. High on this list from nearly the start has been freelance journalist Charles Fishman
Fast Facts
WSE Exclusives
Radio Free Wall Street
Geopolitics, The Wisdom of US Consumers, and The Long Term Trend
by Lee Adler •
Lee Adler looks at whether geopolitical watersheds matter to the market, and why consumer attitudes are critically important to understand stock market and economic trends, with an eye to both the short term and long term outlooks. Subscribers may right click…
Economics, Fast Facts
Ominous Portents in Consumer Sentiment
by Lee Adler •
While the media focuses on the meaningless short term squiggles in consumer confidence indicators, I…
Fast Facts, Initial Claims for Unemployment Compensation
Initial Claims Below Record Lows Of Housing Bubble Show Economic Distortion, Overheating
by Lee Adler •
Initial claims for unemployment are below bubble record levels after first reaching that extreme in September…
Fast Facts, Industrial Production
Industrial Production Surge Looks Like 2007 Just Before Economy Collapsed
by Lee Adler •
The headline number on Industrial Production “missed” today, coming in at a seasonally adjusted gain…
Fast Facts, Retail Sales
Worst June Retail Sales Performance In History, But So What
by Lee Adler •
Actual, not seasonally adjusted data from the Commerce Department showed a 5.6% drop in June…
Radio Free Wall Street
Escape Velocity, As Good As It Gets, Or A Fish Beginning to Rot?
by Lee Adler •
Lee Adler looks at more data that suggest the both the stock market and the economy have reached dangerous extremes. Subscribers may right click here to open or download this video and play in your media player at the correct resolution.…
Employment, Fast Facts
Escape Velocity? As Good As It Gets? Or A Dangerous Economic Extreme?
by Lee Adler •
Initial claims for unemployment remain near bubble record levels after first reaching that extreme in…
Fast Facts, Inflation- CPI and PPI, Wall Street Examiner Exclusives
How The US Government Deliberately and Systematically Understates Inflation
by Lee Adler •
The US Government has been deliberately and systematically understating inflation since 1983. This video shows…
Radio Free Wall Street
US Government Commits History’s Greatest Fraud With CPI Methodology
by Lee Adler •
The US Government has committed massive fraud in measuring inflation since 1983. Lee Adler discusses why that means the Fed won’t just be behind the curve, it will drive us off the road and over a cliff. He also looks at the issue…
Must Reads
Best of Capitalstool.com, Charts and Trading, Day Trading, Must Read, Technical Analysis
World Stock Markets Trading Discussion – Urbane uplift
by The Daily Stool •
Early openers up to varying degrees: Kiwis +0.1%, Aussies +0.7%, Nikkers +0.1% and Sth Korea +0.2%.
Reasonable gains for Aussie sectors: Miners +1.6%, Materials +1.4% and Energy +0.8%.
Wolf Richter
Chinese Government Frets Out Loud About Property Bubble Taking Down the Economy
by Wolf Richter •
A sign of how serious the problem has become.
Alan Tonelson
(What’s Left of) Our Economy: Why U.S. Globalization Policies Need More “Narrow” Nationalism
by Alan Tonelson •
Only in America (OK, maybe Britain, too) could a column like Tyler Cowen’s in Sunday’s New York Times appear without much outcry from its elite readership. That’s not a compliment.
David Stockman
Krugman’s Latest Debt Denial: Why His Two Magic Numbers Don’t Cut It
by David Stockman •
Professor Krugman is at it again—–conjuring fairy tales about a benign long-term fiscal outlook. Notwithstanding that the publicly held debt has surged from 40% to 75% of GDP during just the 6 short years since 2008, he claims there is no reason to fret and that there is no debt spiral anywhere in the future. In part that’s because the Keynesian priesthood…
Wolf Richter
What a Storm Surge of Hot Money Does To San Francisco
by Wolf Richter •
Home prices hit a slick $1,000,000, while soaring office rents blow up enterprises with real business models. It’s crazy. It’s powered by hot money from around the world. Then comes the moment when the hot money evaporates.
Charles Hugh Smith
The Rot Within, Part I: Our Ponzi Economy
by Charles Hugh Smith •
Depending on blowing the next bubble to temporarily prop up the economy is the height of foolhardy shortsightedness.All the conventional policy fixes proposed by Demopublican politicos, technocrats and the vast army of academic/think-tank apparatchiks …
Best of Capitalstool.com, Charts and Trading, Day Trading, Must Read, Technical Analysis
World Stock Markets Trading Discussion – Timorous tendrils
by The Daily Stool •
Flat for most the early openers: Kiwis -0.1%, Aussies +0.1%, Nikkers +0.7% and Sth Korea flat.
In Aussie sectors, Miners +0.7%, Materials +0.6% down to Consumer Staples/IT -0.2%.
New Economic Perspectives - MMT
DOJ Trains AUSAs to Chase Mice While Lions Roam the Campsite
by William K. Black •
In researching my series of articles on the critical omissions in Attorney General Eric Holder’s press release about the settlement with Citi I realized that I need to write multiple articles about the destructive role played by Benjamin Wagner.
Alan Tonelson, Fast Facts
(What’s Left of) Our Economy: Major Pillar of Manufacturing Renaissance Claims Crumbles
by Alan Tonelson •
The list of cheerleaders who have touted a phony U.S. manufacturing renaissance ranges from President Obama to the Boston Consulting Group to countless reporters who have parroted their largely fact-free claims. High on this list from nearly the start has been freelance journalist Charles Fishman
