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Monthly Archives: October 2016
A Hill of Beans
The Wall Street Journal article heading read, “Good Quarter Signals Better Growth Next Year“. Sorry, but no, that’s not what the GDP reading tells us. Why you Should Care: This quarter’s GDP growth rate was strong. That is an inherently … Continue reading
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The SHI Update 10/26/16
Happy Wednesday! As another week is in our rear-view mirror, let’s check the temperature of our steak. Is it well done? Welcome back to the steakhouse. As always, if you need a refresher on the SHI, or its objective and … Continue reading
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The Steak House Index (SHI) Update – 10/19/2016
It’s Wednesday – lets head the to steakhouses! On the way, let’s take a slight detour past the US Treasury and see how they’re getting along these days. After all, we’re about to elect a new US President – one … Continue reading
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This Just Got Real … and by “Real” I mean “Real Bad”
Things aren’t going well for our UK friends. Economic theory is theory no longer. It is now a very unpleasant reality. Why You Should Care: Nothing happens in a vacuum today. The world’s social, economic and financial systems are … Continue reading
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Steak House Index (SHI) Update – October 12, 2016
OK…we have a lot of ground to cover this week…as we’re updating both the SHI and the SHCI … and I want to take a quick peek at inflation. Something very interesting is happening with M2. Ready? Let’s jump in. … Continue reading
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The Steak House Index (SHI) Update – 10/5/16
Another week has passed…has the SHI made any big moves? Or does it remain as exciting as drying paint? Let’s take a look. As always, if you need a refresher on the SHI, or its objective and methodology, I suggest … Continue reading
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A Race to the Bottom
On March 10, 2005 Ben Bernanke gave a speech to the Virginia Association of Economists. He made a novel statement: “Over the past decade,” he said, “a combination of diverse forces has created a significant increase in the global supply … Continue reading
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