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Economy - Economics USA

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Article Image News Link • Global, by Tyler Durden

Exxon Mobil has been rate AAA by S&P since 1930 according to Bloomberg. Today that ended as the global crude explorer with sales that dwarf the economies of most nations was cut to AA+ (Outlook stable). Having been put on notice in February (negative

Article Image News Link • Global, by Tyler Durden

Moments ago, in its latest update, Case Shiller pointed out that for another month "Home prices continue to rise twice as fast as inflation." Actually that is an understatement: in two-third of the tracked metro areas, the pace of home appreciation o

Article Image News Link • Global, by Tyler Durden

While one can blame algos and "macros" for snapping up oil the commodity, as Morgan Stanley did recently, another question is who is the relentless buyer of energy stocks to a level that makes little sense from a forward P/E multiple.

Article Image News Link • Global

the world into chaos. Central bankers are going to destroy the "enfeebled" global economy and cause chaos across the world, according to notorious perma-bear Albert Edwards. Edwards, a strategist with Societe Generale, is about as bearish as they

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