Newport Beach-based asset manager, Robert Arnott, tells Marketwatch that he sees a a “3-D Hurricane” — a perfect storm of deficits, debt and demographics...
Editor Note: I wonder if this has anything to do with Lindsey Williams latest warning on war in the Middle East this fall/winter...
The soft patch may need to order a lifelong supply of Viagra soon, as the economic news continues going from bad to worse: Initial Claims just printed at 429,000 on expectations of 415,000.
The Moody’s/REAL Commercial Property Price Index dropped 3.7 percent from March and 13 percent from a year earlier. It’s now 49 percent below the peak of October 2007 and at its lowest point in data going back to December 2000 ...
Federal Reserve officials decided to keep the central bank’s balance sheet at a record to spur the slowing economy after completing $600 billion of bond purchases this month.
The layoffs of thousands of government workers may threaten the already slow-motion economic recovery in many U.S. metropolitan areas, according to a report released on Wednesday by the Brookings Institution.
Quite a few well known rich people aren't satisfied with being rich and being able to do all the things they believe are important. They want to advertise this and to take up the role of teachers to the rest of us.
More efficient regulatory endeavors will reduce the kind of financial crises that have been prevalent throughout the history of modern capitalism. Only more and better government regulation is the answer.
A type of statistical analysis used to study high-energy physics and stock market fluctuations could yield a new angle of attack in the fight against the virus that causes AIDS.
The nation's mayors, desperate for dollars to keep their cities afloat, demanded: we want our money back! At its annual conference in Baltimore, the U.S. Conference of Mayors passed a resolution calling for an end to the wars in Afghanistan and Iraq,
A new report by Brookings picks out 20 metro areas the think-tank believes have had the worst performance from the start of the recession, through the recovery. We've highlighted each city's employment levels and home prices and ranked...
Among the serious consequences of offshoring are the dismantling of the ladders of upward mobility that made the United States an “opportunity society,” an extraordinary worsening of the income distribution, and large trade and...
Wal-Mart Wins! - The company beats the Marxist class-action lawsuit. Article by Lew Rockwell. / Good for the Greeks - They've thrown a monkey wrench into the European super-state, says Gary North. / Racial Racketeering for Fun and Profit - Tom DiLore
Joe Biden, who now has taken the Fukushima approach to (sur)reality, whereby one merely changes the terms of data measurement when the data does not cooperate. Enter the revised CPI:
Bank of America Corp. (BAC) may sell some of its $21 billion stake in China Construction Bank Corp. (939) to bolster capital before new international standards take effect, said three people briefed on the plans.
In a word, poor. We're not even half way back to the pre-credit bubble trend line, and won't get there until 2020.
College tuition has increased at a rate 6% higher than the general rate of inflation for the past 25 years, making it four times as expensive relative to other goods and services as it was in 1985.
The truth is the U.S. has long been a post-consumer economy. Everybody already had a TV, phone, car, etc. 40 years ago, which is coincidentally when wages began their 40-year stagnation and the nation's public and private debts began...
Rerun - Bob Prechter- president of Elliott Wave International, which publishes analysis of global stock, bond, currency, metals and energy markets / Terry Nelson - Customs & Border Protection Aviation/Marine Group Supervisor - Dept. of Homeland Secur
Injustice Incarnate - Ridgeway Foley on Bin Laden, Demjanjuk, and the US "rule of law." / Green Statists at the Grocery Store - Butler Shaffer straightens them out. / When the State Breaks a Man - And he burns himself to death on the courthouse steps
“Facts do not cease to exist because they are ignored.” -Aldous Huxley.
Contrary to popular belief, most of our money today is not created by governments. It is created by private banks as loans. The private system of money creation has grown so powerful over the centuries that it has come to dominate governments globa
It's a question we suspect that a lot of people have wondered about: Are US equities doomed, merely because over the coming years, a growing wave of retirees will sell assets to pay for their retirements?
Bob Prechter- president of Elliott Wave International, which publishes analysis of global stock, bond, currency, metals and energy markets / Terry Nelson - Customs & Border Protection Aviation/Marine Group Supervisor - Dept. of Homeland Security (Ret
Another bailout to save the banks only delays the inevitable default.
According to Messrs. Immelt and Chenault, the President's Council analyzed actions that "are critical to accelerating job growth in high-potential sectors."
In Fact, misery, as measured in the unofficial Misery Index that simply totals the unemployment and inflation rates, is at a 28-year high, reflective of how weak the economic recovery has been and how far there is to go.
Pandora shares make spectacular plunge below IPO ... It didn't take long before Pandora went from music to investors' ears to the stock market's version of fingernails on a blackboard.
For every dollar China exports to the USA, they must accept an equal dollar amount of American goods exported from the USA to China. (This will create the 20,000,000 jobs we lost to China)
John Papola and Russ Roberts create an OUTSTANDING video that just might have an 'educational side effect'... (Keynes gets SERVED)