Doug Short | TalkMarkets | Page 1
Vice President of Research at Advisor Perspectives
Contributor's Links: Advisor Perspectives
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a formerly retired first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by more

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The "Real" Goods On The May Durable Goods Data
When we study durable goods orders in the larger context of population growth and also adjust for inflation, the data becomes a coincident macro-indicator of a major shift in demand within the U.S. economy.
S&P 500 Snapshot: A Modest Loss Follows The Jackson Hole Drama
This morning's Second Estimate of Q2 GDP at 1.1% was a ho-hum event in advance of Fed Chair Yellen speech at Jackson Hole.
NYSE Margin Debt Declines In October
The New York Stock Exchange publishes end-of-month data for margin debt.
Weekly Gasoline Price Update: Regular Drops Another Seven Cents
Rounded to the penny Regular dropped another seven cents and Premium six. Regular is now at its lowest price since November 2010.
Gasoline Volume Sales, Demographics And Our Changing Culture
The latest 12-month MA is 8.9% below the all-time high set in August 2005, fractionally off (by 0.03%) the interim low set the previous month.
ECRI Recession Watch: Weekly Update
Why the company's published proprietary indicator has lost credibility as a recession indicator.
The Big Four Economic Indicators: Real Retail Sales
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions.
Vehicle Miles Traveled: A Structural Change In Our Behavior
The less volatile 12-month moving average is up 0.19% month-over-month.
A Long-Term Look At Inflation
The Consumer Price Index for Urban Consumers (CPI-U) released this morning puts the October year-over-year inflation rate at 1.66%, off the May 19-month high of 2.13%.
Philly Fed Business Outlook: Growth Surges; General Activity Highest Since 1993
The Philly Fed's Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware.
Understanding Investor Anxiety: A Perspective On Diversification
In recent days major US stock indexes have been repeatedly hitting new highs. The S&P 500, for example, closed out October at a record level and since broken the record on eight of the past 12 sessions so far in November.
The Big Four Economic Indicators: Industrial Production
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions.
Empire State Manufacturing: Expansion Continues
This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions continued expanding at a stronger pace from the previous month. The headline number rose 4 points to 10.2, up from 6.2.
Census Bureau Revisions To Retail Sales
Here is a visualization of the cumulative change from the first to third estimates from January 2007 through August 2014, the most recent month for which we have all three data points.
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