Joe CarsonJul 2, 2020The Economic "Bounce" Is In: What's Next? Both the employment report and the Institute of Supply Management (ISM) survey of manufacturers for June show a strong “bounce” in jobs...
Joe CarsonJun 28, 2020Reality Check: Bull Case For Q2 S&P 500 Profits Is $0Equity investors have focused on the potential earnings companies will report once the pandemic ends. But optimism about future profit...
Joe CarsonJun 22, 2020The Federal Reserve's Debt Problem The Federal Reserve has a debt problem. It’s not their debt. It’s the record debt of the private and public sector that the Federal...
Joe CarsonJun 15, 2020Re-opening Indicator: Consumer Spending at Grocery Stores vs. Restaurants Investors, analysts, and policymakers are trying to gauge the speed and breadth of the re-opening of the economy. A simple way to track...
Joe CarsonJun 11, 2020Federal Tax Receipts Show A Record Plunge In May: Raising More Doubts About the Employment Data The Monthly Treasury Statement for May showed federal withheld income tax receipts falling a record 33% from the comparable period one...
Joe CarsonJun 7, 2020BLS Failed Its Mandate: “Fearless Publication of the Facts"The Bureau of Labor Statistics (BLS) first commissioner Mr. Carroll D. Wright described the agency mandate, “Fearless Publication of the...