SAN FRANCISCO, Kalifornia (PNN) - November 18, 2016 - We have frequently written over the past couple of quarters about the bubbly San Francisco housing market that looks set for another epic reversal as home prices have reached staggering new highs just as employment levels seem to be rolling over. With home prices now implying that only 10-20% of residents can afford the “median” priced home, it's certainly not difficult to understand why demand may be waning.

NEW YORK (PNN) - September 15, 2016 - Possibly the defining business trend coming out of the financial crisis has been a "startup boom". It seems everyone is building an app or starting his or her own business.

This image, however, may be just an illusion, according to Michelle Meyer, Fascist Police States of Amerika economist at Bank of America Merrill Lynch.

NEW YORK (PNN) - September 15, 2016 - Year-over-year growth in retail sales rose just 1.9% (its weakest since March's plunge) and worryingly in historical recession territory. MoM data was disappointing across the entire spectrum with actual contractions versus expectations of gains (Core -0.1% vs +0.3% exp, and Control -0.1% vs +0.4% exp). While clothing and food services saw spending increases, a drop in gasoline spending along with a tumble in retailers down 2.4% MoM and sporting goods weighed the overall index down.