Double Take, to Cocked Pistol.

(Notes): IHS Markit U.S. Services PMI ™- final data (with composite PMI ™)  ➪ Service sector output expansion softens to a five-month low. ➪ An upturn in new business accelerates. ➪ Business confidence slips to joint-weakest since February. The NMI survey responses from November are signaling businesses are expanding at a slower pace. On the other hand, companies showed to be … [Read more…]

Leading Economic Indicators Exercise: Search, ​Locate Identify, ​ & Interpret

The University of Michigan’s consumer sentiment for the United States was revised up to 98.5 in November of 2017 from a preliminary of 97.8. Still, it was lower than 100.7 in October which was the strongest since January 2004. Expected economic conditions deteriorated compared to the previous month although less than initially estimated. The gauge … [Read more…]

As Useful Distraction

How accurate is the statement that history doesn’t repeat itself but instead, it rhymes?  Becuase haven’t we seen this distraction before, in 2011? Days before the United States led a team of coalition troops into Iran and killed Osama Bin Laden. With today’s headlines and the number one Google Trend being the engagement of Meghan Markle … [Read more…]

Prepare for the Weirdness

“Something is happening here, But you don’t know what it is, Do you, Mr. Jones?” — Bob Dylan No sir, not a chance. Mr. Jones does not even pretend to know what’s happening in America right now, and neither does anyone else. Across the wire, this morning BTC/USD hits a record high of $9,200. “This … [Read more…]