The age of turbulence The latest figures yesterday published by the Fed are worse than those of the previous week: Americans increased their savings of $ 40 billion compared with the previous week, and especially to $ 127 billion over the last 4 weeks...

Bad The latest figures published yesterday by the Fed are bad: M2-M1 rose by 8% (year o year) since 2 weeks, Chart 1: (Click here to enlarge the graph) The stocks market collapse, which was amplified during the week on January, 21 (with Société Générale)...

Reversal of trend? Americans increased their savings to $ 47.4 billion in the week ending January 28, which is significant because an increase of this magnitude occurred only once previously in history: in the week after September 11, 2001 with $ 51 billion,...

Productivity and growth American companies increase their sales (GDP increases normally at 3.5%), but they do not create jobs. Overall they have even removed 17,000 in January including over 50,000 in the manufacturing sector. Productivity gains are now...

Confirmation of my analyses… The latest figures released by the Fed on January, 31 (and those of the GDP growth) confirm my previous analyses: the increase in the aggregate M2-M1 is slightly less than 7% (from one year to another) on January 21, which...