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Universal Value Advisors

April 2015

Economy: the Elusive “Escape Velocity”

By Robert Barone
April 17, 2015
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The strong labor market and recent emerging data indicate that the first quarter’s poor economic performance was due to severe winter weather and a 2 month long west coast port strike that disrupted many manufacturing production schedules. Yet, despite such data, the financial media and many bloggers continue to fixate on the inability of the economy to shake off what appears to be “stall” speed, i.e., very slow economic growth, …Read More

Reconciling Contradictory Data

By Robert Barone
April 7, 2015
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Originally published in RGJ’s Business Section, Sunday, 4/5/15 The markets are still concerned about a weakening U.S. economy, as data from the industrial portion of the economy continues to show weakness, even in March. The ISM Manufacturing Index fell to 51.5 in March, its lowest level in more than 2 years; ADP indicated that private sector job creation fell to 189,000 in March from 214,000 in February with most of the …Read More