New American status symbol: Backyard that’s basically fancy living room… BRANCHBURG, N.J. —Bill Paliouras dreamed of a backyard Eden. Not your garden-variety deck with stackable plastic chairs and a kettle charcoal grill — why settle for that? — but a …
by Fabian Ommar High crime rates are a common form of SHTF. It affects everyone, but each segment of society responds differently. The poor fight it out and struggle to eke out survival. The rich spend their wealth on ostentatious security …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What’s the Fed Trying to Say? My fancy-schmancy Fed Hawk-o-Meter jumped 18% from 22 to 26, after having been on a downtrend for four Fed meetings in a row. Something’s up. The Fed Hawk-o-Meter checks the …
via Wall Street On Parade: Last Wednesday, the Federal Reserve Board of Governors rushed through a rule change to its stress test for the too-big-to-fail banks on Wall Street, putting it into immediate effect without the customary 30-day delay. It is further noteworthy …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Oh dude, glad no one saw it. My fancy-schmancy Fed Hawk-o-Meter checks the minutes of the Fed meetings for signs that the Fed believes the economy is strong and that “accommodation” needs to be further removed …