Steven Hansen | TalkMarkets | Page 133
Managing Partner at Econintersect LLC
Contributor's Links: EconCurrents
Steven Hansen, Publisher and Co-founder of EconCurrents, is an international business and industrial consultant specializing in turning around troubled business units; consults to governments to optimize process flows; and provides economic indicator analysis based on unadjusted data and process ...more

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Rail Week Ending 06 June 2015: Less Contraction Than Last Week
Week 22 of 2015 shows same week total rail traffic (from same week one year ago) contracted according to the Association of American Railroads (AAR) traffic data.
April 2015 Business Inventories And Sales Very Soft
Unadjusted sales rate of growth decelerated 1.6% month-over-month, and down 2.5% year-over-year.
May 2015 Small Business Optimism Strengthens And Is Finally Back To Normal Level
The National Federation of Independent Business (NFIB)'s optimism index rose from 95.2 to 98.3. The market was expecting the index between 96.0 to 97.3 with consensus at 97.2.
The Road To Hell Is Paved With Good Intentions
Many politicos and mainstream economists believe one solution for too many low incomes is to mandate a higher minimum wage. While the minimum wage is too low for primary wage earners, there is a problem with mandating higher wages.
BLS Jobs Situation Shows Strong Growth In May 2015. Unadjusted Data Shows Best Growth Since 1998
The BLS jobs report headlines from the establishment survey was well above expectations. The unadjusted data shows relatively strong jobs growth - but the rate of growth is not accelerating.
June 2015 Beige Book: Economy Continues To Grow (No Relative Words On Rate Of Growth Provided)
It is hard to tell if overall growth went up or down - and the usefulness of the Beige Book is diminished when the Fed does not "guess" whether there was a change in the rate of growth.
May 2015 ISM Services Index Declined And Came In Under Expectations
The ISM non-manufacturing index continues its growth cycle, but declined from 57.8 to 55.7 (above 50 signals expansion).
April 2015 Manufacturing Looks Ugly. Manufacturing Is Struggling
US Census says manufacturing new orders declined. Our analysis agrees. Unfilled orders are significantly shrinking (year-over-year).
Construction Spending Growth Stronger In April 2015. Backward Revisions Were Upward
Growth decelerated 0.1% month-over-month and Up 5.2% year-over-year. The deceleration was due to a 1.5% additional growth in the previous month (backward revision).
Analysis Which Is Not Market Friendly
Wall Street makes more money in a rising market, and much less in a falling market. There is an advantage to talk up the markets. The markets (for many reasons) do not have to follow the trends of the economy for lengthy periods of time.
Rail Week Ending 23 May 2015: Contraction Worsens On Rolling Averages
Week 20 of 2015 shows same week total rail traffic (from same week one year ago) declined according to the Association of American Railroads (AAR) traffic data.
April 2015 Pending Home Sales Index Improvement Continues
The National Association of Realtors seasonally adjusted pending home sales index again improved and continues in expansion.
The Federal Reserve May Not Be Expert Enough To Manage The Economy
Monetary policy is reactionary and not proactive even though the Fed takes steps to guide the economy. So it is important to understand what is her understanding of the state of the economy.
April 2015 Sea Container Counts Continue To Demonstrate Weak Conditions In The USA And Globally
The data for this series continues to be weak. Not only is year-to-date volumes contracting for both imports and exports - but both April exports and imports are contracting month-over-month and year-over-year.
Residential Building Sector Strengthens In April 2015
Residential building data is again showing relative strength after the disappointing data from the previous month.
Perpetualization Of The Too Big To Fail Banks
There is no free market process for banks. Once they become big, they get to remain big forever.
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