Author: valueplays

Oil Situation

Oil Situation

“Davidson” submits: US Oil Production rose by 70,000 BBL/DAY Imports rose to new high of 9.37mil BBL/DAY Total US Production+ Imports rose to 18.35mil BBL/DAY(historical high) Refinery Inputs fell sharply to 15.8mil BBL/DAY down sharply from early Jan level 17.1mil […]

Dallas Fed’s Miss On The “Natural Rate”

Dallas Fed’s Miss On The “Natural Rate”

We’ve been hearing a bit more about the “natural rate” lately.  Long time readers here know that Davidson has been covering it on these pages for several years now. The Dallas Fed recently released the following paper on it: Dallas […]

Employment Reports Indicate Higher Equity Markets

Employment Reports Indicate Higher Equity Markets

“Davidson” submits: US Employment reports indicate that the economic uptrend continues. While the Household Survey(Emp) fell by ~30,000, other indicators, ADP and Establishment Survey, reported a sharp rise. Media commentary was bullish comments were with this ‘positive surprise’. “Total nonfarm […]

Is GDP Really “Weak”?

Is GDP Really “Weak”?

“Davidson” submits: US GDP just reported has been met with “Weaker than expected GDP!” There is even despair that the US has entered a permanently slow economy. This pessimism is more about not understanding the components of GDP and the […]