Category Archives: Economy

I am sure I have posted this quote couple of times already, “Statistics are like a bikini. What they reveal is suggestive, but what they conceal is vital” (Aaron Levenstein).

The more complicated it they make it sound, the more you know they are trying to hide the simple facts.  Take the trade deficit for example which has been the talk of the nation since Trump took office.  It has nothing to do with China being fare on unfair it has to do with American… Read More »

For most U.S. workers, real wages have barely budged in decades, that is not me saying it but the Pew Research Institute. And you can find similar studies all over the web including on the Bureau of Labor Statistics. The interesting part is macro and the real cause is rarely discussed. You hear about immigration… Read More »

The above is a quote from a ex federal reserves bank, Janet Yellen (https://www.usnews.com/news/articles/2017-06-27/janet-yellen-i-dont-see-a-financial-crisis-in-our-lifetimes).  As ridiculous as it sounds or as illogical as it sounds, and after thinking about this for a while, I think she was right.

Well the FED chair Powell made his trip to the Hill yesterday and the day before to testify before this committee and that committee. And each one of these bastard politicians was trying to look good for his base like usual.

The National debt is running out of hand, and that is not just in the United States but globally.  Below are some of the videos I have found useful and effective in explaining the issue. Please remember that most of the poeple who are on Youtube have couple of screwes loose in their heads. So… Read More »

Every wonder what happens to your money? I mean the money you send the government every year on April 15th.  Here is some of the really good articles that I found to describe different kind of government spending and the percentages of these types.  Keep in mind that they were written at a different time… Read More »

Where the "market" goes from here seems dependent more on the laws, policies and the actions of the federal reserve. 

Some financial advice that makes sense from the few who can actually still make sense.

I am sure you hear and read about all kind of names, abbreviations and code words for this index and that statistics.  Here, we are going to summarize the most used indices and statistics to make it easy to sort through the plethora of data out there.