Odinian Beta

The U.S. dollar started out this morning on the defensive Government released CPI numbers generated a sharp reversal across the board Gold sold off, but closed slightly down against the dollar April CPI up just .

Earlier today latest FOMC minutes released Once again the weather is blamed for missed expectations, pretending the economy is better than it is Now the Fed dismiss numbers as inaccurate, because seasonal adjustments are off

S&P responds to bad news with new high; DJ just barely off record high Dollar continues to fall The currency traders still have not accepted the significance of bad news Lower dollar will be the trend

Another week and another round of bad economic news Wall Street may be finally paying attention JOLT Report projected at 5.158 million; came in at 4.994 million April Retail Sales expected to rise .2%; came in flat

First official jobs report of Q2 Wednesday's ADP private payrolls were below expectations March was revised down, indicating a softer labor market Challenger job cuts numbers well above previous month,

Upcoming Appearances Thursday morning panel at the SkyBridge Capital SALT Conference in Las Vegas Liberty Forum - Salt Lake City MoneyShow - Las Vegas Economic News for the Week: March Factory Orders met expectations,

Markets on roller coaster ride final two trading days of this week Bad news parade marches on in April The players are still clinging to fantasy of U.S. economic recovery Dollar finished down substantially on the week - April was the first down m...

Government's first look at Q1 GDP There was a lot of optimism around Q1 with expectations above 3% Actual GDP was 1/5 of expectations at.2% The rest of the story of Q1 GDP: The deflator this time was negative - meaning that prices dropped by .

The Keynesian myth of mandating prosperity actually hurts the lower middle class and the working poor Something for nothing is appealing to voters, so politicians make empty promises that are good politics but bad economics