Podcast: Fed Strategy Is Incoherent
The Fed kept rates unchanged, German factory numbers shocked, bond yields collapsed, safe haven assets found favor, and then on Friday equity investors woke up to a scary world.
Housing Inflation - A Simple Case Of Supply And Demand Exacerbated By Low Rates
Housing demand growth is slowing, so why is housing inflation continuing at a steady pace more than twice the rate of the CPI?
Chart Of The Day – 5.2% Household Income Gain Vs. Reality
The US Census Bureau said yesterday that annual household income rose 5.2% in 2015. Compare that with the gain in BLS reported average weekly earnings through August 2016.
Median Household Income Rose 5.2%! Yeah, That’s The Ticket
Median household income was $56,516 in 2015, a 5.2 percent increase from the 2014 median in real terms, but 1.6 percent lower than the median in 2007, the year before the most recent recession.
Lower August Tax Collections Suggest US Near Recession, Fed To Delay Again
The August slowing of real time withholding tax collections is in a cycle that should bottom this month. A break below current levels would signal a turn in the trend of the economy toward negative growth.
Current Housing Bubble Varies By Metro
The Case Shiller home sales price indexes (CSI) overweight the sales of old houses and bank REO sales. The CSI indexes do not count sales of newer homes in good condition.


Latest Comments
ECB's Targeted Lending Spree Starts Out As Flop; Modern Monetary Insanity
5 years ago
I produced this rant back in June telling why the program was a sham.
1 to 1 of 1 comments




Latest Posts
Try The Fed Money And Liquidity Pro Risk Free For 90 Days
Try the Fed Money and Liquidity Pro risk free for 90 days (regular order form says 30 days, but I am so confident that you will want to continue the service, I'll make the guarantee for the full 90 day subscription term if you order now).

Work Experience

The Wall Street Examiner Co. Inc.
2000 - Present (20 years 3 months)

Cut through the Wall Street spin to get a clear view of the markets and the economy.



WSE Professional Edition
Lee Adler
Wall Street Examiner

If it’s history you want, read the Journal. If you want real time insights, read The Wall Street Examiner – Professional Edition! Put my 45 years experience studying and analyzing what moves the markets to work for you. You’ll find a selection of proprietary charts on the monetary and liquidity factors that drive market price levels, and equally unique charts on technical and cyclical analysis of the markets that you simply can’t find anywhere else.

Try the Professional Edition risk free for 30 days.

Stock Market Update Package - $69 Quarterly
Money-Liquidity Package - $89 Quarterly
Precious Metals Package - $49 Quarterly
Professional Edition Complete - $149 Quarterly
Stocks & Precious Metals Package - $89 Quarterly
Stocks, Money-Liquidity- $89 Quarterly
Precious Metals, Money, Liquidity, Real Estate - $109 Quarterly