Friday, March 6, 2015
Some Friday morning news
OK, power supply is fixed, but it was a bit of a bitch: damn thing gets wedged over the CPU fan, and who the hell decided you needed an extra 4-pin connector on the motherboard?
Anyway, back to giving you all the news you're never interested in reading anyway:
New Deal Demoncrat - durable goods is a useful long leading indicator. And it looks fine right now.
Calculated Risk - hints of real wage increases. What would be a lot nicer is if we saw a secular shift in the American power structure, back towards labour and away from the capitalist class. Because that was the driver of American growth from the 50s onward.
Brett Steenbarger - measuring market sentiment with the index put-call ratio. Which is a completely different thing from the equity put-call ratio.