Memorial Day Weekend Update. It is memorial day weekend, which usually means a long drive back from the lake. Since The Bob Davis Podcasts normally updates listeners on the key stories of the coming week on Sunday night/Monday morning, this podcast is all ready for the drive home. On the US Economy, the story line has been ‘winter’ since the northern tier of the US went into a deep freeze last December. Now ‘suddenly’ and ‘unexpectedly’ retailers aren’t meeting goals and consumers aren’t very confident. The expected ‘rebound’ from winter’s woes hasn’t materialized. What’s happening. Is inflation taking its toll, or is it deflation? Why is the price of fuel and food going up? The darling of the left, Thomas Piketty is on the hot seat for … some pretty serious mistakes in his modeling. Turns out ‘inequality’ may not be as bad as he thought it might be. The President went to Afghanistan as a prelude to a week of trying to defend and take back the high ground on his foreign policy, while democrats call him detached, flat footed and incompetent. Sponsored by Baklund R&D. 

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