Bureau of Labor Statistics

Here's How Much Your Credit Score Is About To Crash If You're In Hurricane Irma's Path

If you count yourself among the unlucky residents of Southern Florida where Hurricane Irma looks likely to make her continental U.S. landfall, you may want to take notice of a new study just published by Kelly Edmiston of the Federal Reserve Bank of Kansas City which details the devastating toll that hurricanes can take on your hard-earned credit score. 

August Payrolls Preview: Prepare For Disappointment

If there is one common theme across sellside previews of tomorrow's nonfarm payrolls number, expected at 180K after a surprising jump to 209K in July, it is to brace for disappointment, or in Wall Street parlance, "downside risks."

Has The Fed Completely Lost Control?

"What the Fed is quickly realizing is they have become trapped by their own 'data-dependent' analysis. Despite ongoing commentary of improving labor markets and economic growth, their own indicators have continued to suggest something very different...Now they are simply considering abandoning those tools. Is this a sign they have lost control of monetary policy?"

Geopolitical Tensions Are Designed To Distract The Public From Economic Decline

"...there will come a time, probably sooner rather than later, when the piper will have to be paid and someone will have to take the blame for our fiscal non-recovery...I do not see the timing of heightened geopolitical tensions in 2017 as coincidental. It appears to me that these events are perfectly organized with maximum distraction in mind as we hit the top of perhaps the most massive stock and bond bubbles in modern history."