SubscribeTDI Podcast – Rigged Money with Lee Munson and Up is Down, Down is Up (#248)
January 29, 2012
Guest: Lee Munson brings his take on what is going on with some of the big money and how they are effectively bleeding the average investor. We 
discuss world markets as well as get to the bottom if his “pissed-off-ness” with the system. This episode starts with some insight into the direction of markets as well as an important update on the EuroZone crisis.
Podcast: Play in new window | Download (Duration: 54:31 — 29.8MB)
GDP Charts – What Happened to the Happy Consumer?
January 27, 2012
Let’s get right to the point. GDP is growing, but at far less that is needed to get the U.S. economy out of its quagmire. We all know that a GDP over 5% should be the number after the deep recession. But, we have to deal with the cold hard fact that the tremendous debt load is going to hold back the country for decades (think Japan).
Now, you may be thinking (as my friend Howard says): “What is the difference, the GDP report is backward looking?” Sure, the optimist will see the glass any way they choose, as long as it can be rationalized in their favor. The GDP report may be from data that has already passed, but markets were trading on it as though the number was well North of 3%. So, consider that as you look at the charts below. Read more
Initial Claims – Too Volatile, Lets Smooth It Out
January 26, 2012
Each week we are treated to the 8:30 am edition of THESE ARE YOUR CLAIMS – A reprisal of the old show from years ago. In this edition, the claims are presented without any reference to seasonality or any other relevance, except for “expectations” of analysts. Markets trade on the news of this and continuing claims like it actually means Read more
Leading Indicators – Big MISS, But New Orders are HOT!
January 26, 2012
The Conference Board released the Leading Indicators for the latest period. On the whole, it was a disappointment. Expectations were for a +0.7% and the actual number came in at +0.4% and the previous month was revised lower (SURPRISE!) from +0.5% to +0.2%.
It has always been odd that this index could have such a wide miss as most of the components are know in advance.
This will be the last time for a while that we will be using this and providing Read more
The Fed Statement – Side By Side (More Sink Throwing)
January 25, 2012
The Fed spoke and they have once again thrown in the kitchen sink. TWIST, QE and EXT (extension) are just some of the reasons for investor optimism. Of course, Bernanke is the master of mis-direction, so there may be more coming out of Europe within a short time that is not going to be agreeable to markets.
Non-the-less, the stage is set for the market to rally, bonds to rally and buyers to step in on the news. Do we have another Tepper moment, or will this be the last gasp before the reality sets in that there is little more room for the Fed to provide any additional Read more
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