Back in September of last year, I showed this chart outlining that corporate profits as a percent of GDP were approaching a three-standard ...

Marketwatch reports: The risk of a downturn in the second half of this year is relatively low, the Conference Board said Thursday as it rep...

Over the past two months, the Fed's FOMC has: Reduced forecasts for growth in 2012, 2013, and 2014 Increased expectations of unemployme...

Yesterday, I made a bullish case for equities over the long run (especially when compared to bonds), today I will outline one of the reason...

I've shown that valuation matters numerous times over the years when it comes to long-term equity returns (see here , here , and here f...

BusinessWeek details: U.S. retail sales declined in April and May, pulled down by a sharp drop in gas prices. But even after excluding vola...

The NY Times details: The recent economic crisis left the median American family in 2010 with no more wealth than in the early 1990s, erasi...

As I've outlined before , wages tend to be the one of the better predictors of inflation (or deflation) out there as wages tend to be ve...

The dividend yield of the S&P 500 is above that of the ten year Treasury for the first time since the financial crisis. Before that we h...

George Soros ' recent speech on what created the Euro bubble (and how it will need to play out) is making the rounds (although he delete...

The higher that market implied volatility becomes, the more attractive put selling (as a replacement to being long stocks) becomes. The ch...

Marketwatch details: The U.S. economy ran into a deeper soft patch in the first quarter than initially estimated, a government report showe...

It's amazing that it was only a bit more than two months ago that I wrote this post defending bonds against what was labeled the "...

While the overall level of existing home sales is still well below the bubble peak (4.62 million vs. 7+ million in mid-2005), the trend is p...

Source: Conference Board

Despite the recent turmoil, unlike when I showed this chart last August (a time when the dollar was selling off and gold / commodities were...

Marketwatch details: Inflationary pressures are fading, just as Federal Reserve officials expected. But don’t think that the decline in the...

I just came to the realization that I haven't had an EconomPic recap since March 9th, so here goes: Economic Data Trade Deficit Blow Out...

Remember when we thought the U.S. was going to export our way back to prosperity riding European and emerging market aggregate demand (that ...

While the below chart cherry picks one of the best performing fixed income sectors, it is still pretty amazing. Bonds (defined in this examp...

SF Gate details: Consumer borrowing in the U.S. surged in March by the most in more than a decade on growing demand for educational financi...

Per Felix Salmon : As Mike Konczal noted this morning, a key indicator of labor recession is still in force: if you’re unemployed, you’re s...

The NY Times details: The nation’s employers added 115,000 positions on net, after adding 154,000 in March. April’s job growth was less tha...

The real estate market is certainly heating up in the San Francisco, my new city, despite the broader Case Shiller Home Index still hoverin...

The Economic Populist notes: While disposable income increased by 0.4%, when adjusted for inflation, disposable income was actually a 0.2% ...

In a month where market pundits made it seem like we were experiencing a sell-off we have never seen before, markets were only slightly in r...

Bloomberg details: The U.S. economy expanded less than forecast in the first quarter as a smaller contribution from inventories overshadowe...

Just about a month ago when everyone was calling the end of the 30 year bond rally, I noted . While any sell-off has the potential to become...

Gary Antonacci of Optimal Momentum blog has a great white paper out titled ' Risk Premia Harvesting Through Momentum ' that detai...

Bloomberg details: The debt of the euro region rose last year to the highest since the start of the single currency as governments increase...

Excluding the components the Fed impacts, the index is negative for the second time in three months, dragged down by the decline in the aver...

Because high yield is just about the only place you can get yield within the U.S. without taking on interest rate risk. The question is whet...

For years, the mainstream media reported that China was unloading Treasuries when in fact they weren't (Treasuries were purchased and l...

The Washington Post details: Americans bought more electronics, started home improvement projects and updated their wardrobes last month, i...

Upon first glance, Friday's employment release was disappointing , but Scott Grannis pointed to something that does provide optimism. I...