John Mauldin used to write about things like P/E ratios, secular bull and bear markets, valuations, and all of the things we used to think about in the Old Normal.  Now, the New Normal has to have its turn first.

Remember all the bulls and cheerleaders late last year and into this one talking about a V-shaped recovery?

There are only three ways to get rid of an oil spill. You can mechanically remove it, chemically remove it, or burn it. They used all three methods. But not fast enough. The Obama administration dithered while Rome burned.

State and local pension funds are drastically underfunded. What does this mean for us?

The economy of the US grew at a weaker than expected 2.4 percent in the second quarter, but the first quarter was revised back up to 3.7 percent on the strength of stronger-than-projected inventory rebuilding. But the recession years were revised downward rather significantly for this late in the cycle.

It seems that not everyone is ready to join the deflation-first, then-inflation camp I am currently resident in. So in this week's article we look at some of the causes of deflation, the elements of deflation, if you will, and see if they are in ascendancy.

John Maulding thinks the Debt Supercycle is ending. What is that?

Employment may no longer be just a lagging indicator but may also be predictive. It is an interesting insight, which we will explore as we take a very deep look at US employment.

There's a reason economics is called the dismal science, and weeks like this just give it further meaning. In economics, there is what you see and what you don't. This week we are going to examine the headline data we all see and then take a look for what most observers do not see.

This week we look at what the leading indicators are telling us, size up a new indicator, drop in on banking data, and do a whole lot more.