World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742

World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742

Sometimes an eclipse is just an eclipse. Friday’s ‘Blood Moon Lunar Eclipse‘ did not destroy the world as predicted. These days someone needs to keep track of the soothsayers! We’ll talk about it in World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742.

Best Economic Growth Ever!

Friday also marked the release of first quarter Gross Domestic Product numbers. To hear the president tell it, 4.1 percent economic growth is historic. Hear my take on the first blush of reporting on the good economic news in World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742.

Does It Matter?

On a desolate lake road in Western Wisconsin at midnight, in the full moonlight, one wonders whether any of that matters anyway! What’s more the silence here in the middle of nowhere is incredible.

No Rules No Prep

I took a short road trip to what we like to call “God’s Country” to talk about organic farming. I’ll take that up in the next podcast. Every now and then I have to do walk and talk podcasts. No rules. No Prep. I call these ‘consolidation podcasts’.

A Midnight Walk Is Good For Making Sense Of It All

Because things seem to happen so frequently, following the news can be a head spinner. I do these walk and talk podcasts, usually at midnight, to try to make sense of it all.

News Flash! World Doesn’t End!

Furthermore last week the boomers were predicting the end of the world after the big eclipse. On top of that we are whipsawed by reactive coverage of the news. Getting subscribers and listeners to the Bob Davis Podcasts on track at the beginning of the week is one of my missions.

Good News Is Good News

Most noteworthy for this podcast is the release of the new economic data. 4.1 percent GDP growth in a single quarter is not unprecedented or even historic. It is good news. The key here is what caused the growth? Moreover is the growth sustainable?

Finding Truth At Midnight

In conclusion this week you may hear a lot of chatter about the economic numbers. Due to partisanship equal amount of chatter passing for ‘analysis’ will be negative and positive. Above all listeners wonder what to look for to find information without partisanship.

Sometimes you find a little bit of truth on a quiet country road in the mist and moonlight!

Sponsored by Ryan Plumbing and Heating of Saint Paul

World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742

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Trump State Of The Union-America's Back-FBI-Russia-Economy Booming-Podcast 697

Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

First of all, the state of the union message used to be a letter. These days you’d think it is the Grammys, Golden Globes or the Oscars. In addition it’s a national event. We’re ‘supposed’ to watch. In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

America Is Back

Trump’s says the Economy Is Booming and America is Back. Really? Since when is 2.6 percent GDP growth a booming economy?

Wall Street Is Main Street

Furthermore during the Obama presidency republicans used to say ‘Main Street Isn’t Wall Street‘. Now that republicans are in power suddenly main street IS wall street. Even when the market is down.

Booming Roaring Economy, right?

In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697 I’ll outline factors that go into our old style measurement of the economy. Yes there are bright spots. Much as we like good news, let’s not go overboard.

Wait. It’s Trump.

Go overboard!

The Tax Bill. The Tax Bill!

The singular legislative ‘accomplishment’ of this administration so far is the tax bill. Lower corporate taxes are thought of as a good thing for business. Whether the so called middle class will benefit remains to be seen. Certainly the economic effects of changes in the tax code only a month old are not part of the current economic numbers. Find out why inTrump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

Executive Orders!

Trump supporters like to tout his executive orders. Many of these don’t do more than tell cabinet departments think differently. Most importantly Trump is issuing far fewer regulations. Have these actions produced economic results?

Witch Hunts Galore

Especially relevant are investigations on Russia and the FBI. The truth is none of this has had any real impact on the day to day business in the rest of the country and have failed to yield conclusive results so far.

Distractions Are The Order Of The Day

Welcome to life in America at the dawn of a technology revolution. This one makes the industrial revolution look like the middle ages. As it gathers speed every tenet of government and society will be challenged. Meanwhile we’re talking about porn stars and Trump’s latest insult.

No One Cares About Outmoded Thinking

In conclusion, most of the older adults in this country dream of a time marked by their own innocence in the late 1950’s and early 1960’s. Moreover our thinking about almost everything is outmoded. Mercantilism, trade protection, mass surveillance, bigger and more expensive government, and huge debts are not about freedom regardless of which party is in control of congress or the executive branch.

(EDITOR’S NOTE: On February 1st 2018 the Atlanta Federal Reserve projected US Economic Growth in the first quarter of the year to be 5.4 percent. This is a noteworthy prediction and if it holds for the US overall it will be a game changer. 5.4 percent GDP would be robust and if it holds through 2018 the terms ‘booming’ and ‘roaring’ would apply, at least as it pertains to GDP measurement.)

Sponsored by Ryan Plumbing and Heating, Brush Studio in The West End and Reliafund.

Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

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Storm Clouds Gather Over The Bull Market-Podcast 665

Storm Clouds Gather Over The Bull Market-Podcast 665

We don’t see the storm building over the markets. Distractions. Shiny things that draw the eye and ear. A war of words between a North Korean dictator and the president. Kneeling football players and the Tweeter In Chief. Meanwhile, the long expansion in the markets may be about to end. A heads up for you on how and why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Watch The Shiny Thing

We don’t look beyond the distractions in the media to see what they conceal. No amount of pointing and saying ‘look’ is going to change it. We have not had a serious market or financial crisis since 2008. Our economy has been on life support ever since. Now the DNR order has been signed. Find out why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Market Shocks Have Political Consequences

Remember 2008? The market crashed. The banking system was going to seize up, they said. A republican administration suddenly bailed out the banks, insurance companies and big car companies. The shock changed politics. A new administration came in, in 2009. New banking regulations, more government spending and a very large stimulus package was passed by congress.

Hey! What Happened To The Punch Bowl?

The Federal Reserve, bank of last resort, began a program called Quantitative Easing in 2009. Over the next eight years the FED added trillions of dollars to its balance sheet as it ‘injected’ money into the US economy. QE one, two three and four indirectly supported the stock market through the purchase of hundreds of billions of dollars worth of securities. What happens when they take that away?

Pay Attention

So this is a simple heads up that it might be time to start paying attention. While we’re talking about things that don’t matter they are doing things that do. That storm roiling to the west, might be rolling in anytime. In Storm Clouds Gather Over The Bull Market-Podcast 665.

Sponsored by Brush Studio In The West End Saint Louis Park, and by Ryan Plumbing and Heating in Saint Paul.

Storm Clouds Gather Over The Bull Market-Podcast 665

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