Spreading the truth. Empowering the people.
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
By Harry Dent Did you watch my video two Fridays ago? If not, check it out here. I explained how gold bugs are giving you dangerous advice about gold as an investment. … Read more
via upfina: The September CoreLogic Case-Shiller index wasn’t terrible, which is encouraging since many housing related indexes have shown weakness recently. The problem with this report is it’s from September. Therefore, … Read more
From Reason: Socialism is now cool in some circles. Newly elected Congresswoman Alexandria Ocasio-Cortez praises “Democratic Socialism” and told comedian Stephen Colbert, “in a modern, moral and wealthy society, no … Read more
via GPC Last week the markets rallied on hype and hope of a potential trade deal between the US and China… and the fact it was options expiration week. Wit … Read more
by Graham Summers via Gains, Pains & Capital Last week the markets rallied on hype and hope of a potential trade deal between the US and China… and the fact it was options … Read more
by Jon Hall, Free Market Shooter Prominent members of the GOP party have blasted the scores of liberal lawyers swarming Florida in a calculated bid to steal the recent Senator and Governor elections – with forced recounts becoming … Read more
As of Wednesday, 43 percent of early voters are Republican and 41 percent are Democrats. Six days out from Election Day, over 24 million votes have been counted as early … Read more
by Reignoffire9 It’s simply like this. Oligarchs who run global corporation don’t want to hire expensive local people who wanna be treated as human, so they move to poorer countries … Read more
via Bespoke The S&P Regional Banks have gotten battered once again today, down 3.01%. But that is purely a continuation of what has been a rough Fall. The index has … Read more
