Daily Archives: 26/05/2011

Tonight’s Radio Program

Tonight’s Radio Program

  By John Galt May 26, 2011 Will not be heard tonight due to business issues which have terminated my relationship with the Watchmen Radio Network effective 9 p.m. ET Friday, May 27, 2011. There will be a pre-recorded program per the obligations I have made to the advertisers for tomorrow night and Monday night presented in audio format via my own content provider for your listening pleasure. Stay tuned at my website for further updates on new endeavors which will present my broadcast content…

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Q1 Revised GDP: Welcome to Stall Speed

Q1 Revised GDP: Welcome to Stall Speed

By John Galt May 26, 2011 All you need to know why this report from the Bureau of Economic Analysis is indicating the economy is at stalling speed: - 2nd revision was the same as the advanced report at 1.8% despite a consensus of 2.2% and some estimates it would be revised as high as 2.5% or more. - Core PCE was 1.4% revised down from 1.5% indicating fading demand in the face of inflation for consumer necessities. - Current-production cash flow (net cash flow…

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