Tags » Greenspan
Corporate Profits (Per Unit of Real Gross Valued Added) Were Negative for 7 of Last 8 Quarters As Dow Hits 22,000
The Dow Jones Industrial Average keeps on rising and is now hovering around 22,000.
But not every indicator is rising. Corporate profit per unit of real gross value added (after tax with IVA and CCAdj) has been declining YoY for 7 of the last 8 quarters. 60 more words
Despite nearly being at “full employment,” labor costs continue to drop in the USA.
On this news and the lack of nonfarm labor productivity, the US Treasury 10Y-2Y yield curve slope fell below 90 basis points. 6 more words
State and Local Pensions Average 0.6% Return In 2016 (Despite 7.6% Return Assumption and Chronic Underfunding)
The US Federal government is spending at a fast and furious rate. US Federal Spending is rising at a staggering $428,253,120 per day while US Federal TAX Revenue is only rising at $129,857,760 per day. 83 more words
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Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices.
Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices. 85 more words