Cramer’s Miss on The Corporate – Economic Relationship

by Lance Roberts, Streetalk Live As I sat down to do my regular tradition of reading and research I was hit by a CNBC article in which Jim Cramer was discussing his views on why a market reset was looming. He stated that: “A ‘giant reset’ is looming for the markets because the improving economy …

What Is A “Liquidity Trap” And Why Is Bernanke Caught In It?

by Lance Roberts, Streetalk Live I have spoken, and written, much lately about the fact that the Federal Reserve is beginning to realize that they are caught in a “liquidity trap.” However, what exactly is a “liquidity trap?” The following is one definition: “A liquidity trap is a situation described in Keynesian economics in which …

The Great “American” Divide

by Lance Roberts, Streetalk Live I have often spoken of the disconnect between Wall Street and Main Street. While asset prices are inflated by continued interventions of monetary policy from the Federal Reserve, boosting Wall Street profits and widening the wealth gap between the top 20% of Americans and the rest, “Main Street” continues to …

Earning Less – Why The Poor Get Poorer

by Guest Author Lance Roberts of Streettalk Live Working harder – earning less. That is what today’s release of productivity and labor costs showed us. With that also comes the realization that a lot more people would be reciting the classic prose of Johnny Paycheck’s “Take This Job And Shove It” if they thought they …

Recession Still Likely Despite Bump In GDP

by Guest Authors Lance Roberts of Streettalk Live

Consumers Gone Wild! I have this image in my head of shoppers running about frantically over the last quarter shelling out dollars at everything that isn’t nailed down to the floor. That was the general consensus Friday after the GDP report came out showing a lift from 1.3% to 2.5% primarily on the back of the consumer, as shown in the chart. However, the real question is where did the money come from?