So, just two weeks ago it looked as though "Sell in May and go away!" was not going to be as strong of a theme in 2012 compared to 2011 ... Read Full Story »
The economy remains in a climate with a very weak recovery. There is still some good news though. All of the recent calls for a "double dip recession" grew too loud and are ... Read Full Story »
The news this morning is dominated by European bailout news, but we have a "recession watch" figure today. This morning was the Gross Domestic Product for the third quarter in ... Read Full Story »
Many reports have been signaling that the United States is about to slide into another recession, and many have noted over and over that the recession is either already here ... Read Full Story »
The old saying goes, "When the U.S. sneezes, the rest of the world catches a cold." But what about when Europe gets the flu and when China and India drink ... Read Full Story »
The Institute for Supply Management showed an above-red reading this morning in the manufacturing sector. This month's ISM Manufacturing reading came in at 51.6% for September versus 50.6% in August. ... Read Full Story »
If you believe things are bad now, just wait because they're about to get much worse. That's the forecast from the Economic Cycle Research Institute (ECRI). In their latest report, ... Read Full Story »
A Gallup poll taken last month showed that confidence in the economy has fallen to its lowest level since March 2009, which was near the low point of The Great ... Read Full Story »
The recovery has been stalling and it is becoming easier and easier to argue that the next recession (often mislabeled as a double-dip recession) is afoot. Friday's net-zero in August ... Read Full Story »
The media keeps pointing to a double-dip recession. It is such a commonly used term that no one even cares that this is technically just the starting point of the ... Read Full Story »
Today's news on GDP shows the double dip has arrived--an expansion of only 1.3% and consumer spending up .1% in the second quarter. Astonishingly low by any account.. The debt ... Read Full Story »
The Commerce Department is delivering some awful news on the second quarter preliminary Gross Domestic Product in the U.S. GDP is coming in at a preliminary second quarter level of ... Read Full Story »
Quantitative Easing, or QE, is a term that many investors were forced to understand. Then came QE2 as an even more difficult pill to swallow. After the FOMC or any ... Read Full Story »
Investors and economists vary on how much credence they are willing to give to any single survey. The excessive bearishness of last week's AAII survey came as the Dow ... Read Full Story »
Fed Chairman Ben Bernanke gave his first real speech today at the International Monetary Conference in Atlanta, Georgia in weeks. He argued that the economic downgrade persists, as does the ... Read Full Story »