Spreading the truth. Empowering the people.
via dailysignal: Socialism is perhaps the only ideology that Americans are asked to judge solely based on its piddling “successes.” Don’t you dare mention Albania or Algeria or Angola or Burma … Read more
by Jesse Colombo Deutsche Bank strategists Jim Reid and Craig Nicol wrote a report this week that echos what I and other Austrian School economists have been saying for many years: actions … Read more
New poll shows Trump trailing Biden and four other Democrats Washington (AFP) – A nationwide Fox News poll released Sunday shows President Donald Trump trailing former vice president Joe Biden … Read more
by Tom McClellan The Baltic Dry Index (BDI) measures shipping rates on a type of cargo ship which hauls “dry” cargo, such as iron ore, coal, etc. as opposed to tankers … Read more
Via ZeroHedge Taxpayers in America’s ten biggest cities face an average per taxpayer burden of $50,000 in debt incurred by the county, state and or “off-balance-sheet” transactions by city government … Read more
via @PhilipSoos: The RBA’s housing credit series fell to 4% in Mar-19. On present trends, it should decline to 3% by Dec-19, which is our baseline scenario. CCR 100% and seasonal … Read more
Published on Feb 8, 2013 h/t duFontaine.
Marco Margaritoff from ATI reports, James Stern has thus far managed to convince the group’s former leader to retire swastikas and other over Nazi iconography — and also to make … Read more
by Mish Shedlock Challenger reports a huge jump in layoff announcements. The retail sector is very hard hit. The Challenger Report shows employers announced 76,835 job cuts in February. The shortest month of … Read more
The US needs centrist leadership, says real estate mogul Sam Zell from CNBC. via CNBC: “Everyone in America wants to be rich. Everybody in America wants to succeed,” Zell says, … Read more
A strong economy does not need the Fed to revise rate and balance sheet strategy. Very worrying signals when a moderate slowdown leads the central bank to change 180 degrees … Read more
by Dave A fascinating post by Wolf Richter, quoting an NBER report/model that found lowering rates too far, for too long, gives an undue advantage to the market leader. This … Read more
By Irina Slav Excess supply of gasoline coupled with slow demand has pressured refiners margins, Reuters reports, noting refining margins for the fuel in the United States sank to US$45.70 a … Read more
by Tom McClellan If you want to know what long term bond yields are going to do, you don’t need some fancy econometric model that incorporates GDP growth, unemployment rates, factory … Read more
My favourite quote: If people can’t control their own emotions, then they have to start trying to control other people’s behaviour. h/t Jim
via Marketwatch: Where you live in the United States makes a difference when it comes to paying off credit card debt. It takes the average New Mexico household nearly … Read more