Month: August 2012

Is Coffee healthy?

One of the questions that gets posed to me regularly as a physician is: “Is coffee bad for me?” Well, a wonderful study was published in the Aug 18 edition of the New England Journal of Medicine called “Association of…

Negative datapoints in regional Fed surveys

In the August New York Fed survey, businesses’ 6-month forward outlook has been steadily trending lower since the start of 2012. Just about every component of the future-expectations survey is trending down, including expectations for new orders (forecasting contraction) and…

Efficient Market?

Watching the market the past couple of days has reminded me of the Efficient Market Hypothesis (all available information is priced in at any point in time). As has been pointed out by many people in the past, one of…

Richmond Fed Survey

The Richmond Fed Business Activity Survey was concerning.  The data points that stood out to me in this particular survey were: 1) The volume of new orders (diffusion index going moved from -1 in May, to -7 in June, and…