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Most Overvalued Stock Market In U.S. History – Here’s Why

by irdadmin | Jan 10, 2017 | Financial Markets, Market Manipulation, U.S. Economy

I find it to be mind-blowing when financial advisors and stock market gurus get in bubblevision or write Seeking Alpha articles and assert that the stock market is good “relative” value right now.   They are either dishonest, unethical or just stupid....

Auto Sales: The Fake Economic News Bubble

by irdadmin | Jan 6, 2017 | Financial Markets, Market Manipulation, U.S. Economy

The headlines are reporting that auto sales in December hit a record, when looked at on a “seasonally adjusted annualized rate” basis. No one questions the validity of the seasonal adjustments. The average news consumer sees or hears the headline...

It’s A Retail Sales Train Wreck

by irdadmin | Dec 19, 2016 | Financial Markets, Market Manipulation, U.S. Economy

The Census Bureau reported that its advance estimates of retail sales for November show a .1% gain from October and a 3.8% gain over November 2015. Wall St. was forecasting a .4% gain. Oops. But there’s a bigger problem with that headline report of a .1%...

The Consumer Is Broke: “Restaurant Sales Worst Since July”

by irdadmin | Dec 9, 2016 | Financial Markets, Market Manipulation, U.S. Economy

At -1.3 percent, disappointing restaurant sales growth in November was the ninth consecutive month of negative same-store sales; and the worst sales growth since July…Same-store sales for third and fourth quarters, at the end of November, are both -1.1 percent....

Black Friday, Fake News And Gold

by irdadmin | Nov 29, 2016 | Financial Markets, Gold, Market Manipulation, U.S. Economy

Black Friday and “Black Friday” weekend have largely become irrelevant.  Every retailer in the U.S., from auto dealers to furniture stores to online tennis apparel shops have been advertising “Black Friday” sales since November 1st. We have no...
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