Friday, April 4, 2014

Our Economy Is Built on Sand (Musical Tribute)

Click to enlarge.

The black line shows the 12 month moving average of temporary help services employment divided by nonfarm payrolls (left scale).

The blue line shows the 4 quarter moving average of nonfinancial corporate equities divided by disposable personal income (right scale).

Sundown all around
Walking through the summer's end
Waves crash baby, don't look back
I won't walk away again

Oh, baby, anywhere you go
We are bound together
I begin, baby, where you end
Some things are forever

Source Data:
St. Louis Fed: Custom Chart


mab said...

Yeah, but I'd sure like to know Jeremy Siegel's thoughts on Sears!

Stagflationary Mark said...


Sears is preparing to expand!

April 03, 2014
Sears' State Street store to close Sunday

The company has entered a new lease to occupy about 20,000 square feet of the fourth floor, with the option to build out the 30,000-square-foot balance of the floor for future business needs, Riefs said.

See? Furure business needs! Nothing but blue sky from here, lol. Sigh.

Gallows humor. :(

Troy said...

speaking of building on sand

"Well, what we do is we take some black rocks or gas and burn it to boil water, or we flood an area and run water through a small spot, this is all so we get these magnets to turn even if they don't want to. Then we bake sand in to very intricate shapes, which also takes a lot of that fresh-squeezed magnet juice we were talking about earlier. So you put all that magnet-juice in to the sand, and you get certain numbers, and these numbers can be exchanged for food because... well as you can see the numbers are really hard to get! So we figure they must be worth a lot of food."

-- on BTC (which on a TA basis is dead man walking as of now)

Stagflationary Mark said...


Hahaha! :)