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Many times I have discussed the labor participation rate (LPR). The LPR is quickly rising in stature as the unemployment rate indicates an economy close to full employment. I have often remarked a major reason for today’s low unemployment rate is result of the large...

Equites fell amid hawkish comments from Federal Reserve officials.  High dividend shares and companies sensitive to a higher dollar declined the most while banks gained.  Utilities are now down for eight consecutive sessions.  Consumer staples and phone companies also got hit....

As expected a divided Federal Reserve left its policy rate unchanged for a sixth straight meeting, saying it would wait for more evidence of progress toward it goals, while projecting that increase is still likely by year end....

I am certain the mania surrounding this week’s Fed meeting will rise to a cascading crescendo.  Even though I do not believe in this next comment, to write about anything else would be essentially meaningless.  I again ask if a 0.25% increase makes a project...

Wow!   Depending upon the oil inventory survey, inventories last week declined between14.5 and 12 million barrels versus an expected increase of between 905,000 and 225,000 barrels, respectively.  This was the largest drawdown in either 17 or 30 years respectively and was the greatest “miss” in...

Treasuries climbed and the dollar slumped after data showing anemic expansion of the service sector bolstered speculation the Federal Reserve will not increase interest rates later in the month.  Fed Funds futures are now suggesting a 24% chance, down from over 55% last week....

Many have argues August’s job report would have an unusually large influence on the Federal Reserve.  In my view Friday’s release did not disappoint and is certain to fuel a heated discussion both within and outside the Fed....

I am relatively certain there will be a “countdown” clock on most financial TV stations for tomorrow’s FRB Chair Yellen’s speech.  Personally I find such annoying at best given that the most successful investor in the known universe has an average holding period of 19...

According to the Bank of England (BOE), short term interest rates are at the lowest level in 5,000 years of know financial history.  Long term interest rates are also close to that level....