Over the years, as the WSJ notes, the only way inequality has really mattered to professional investors is 'if the rich are getting richer, companies that cater to them have better prospects'.
One of the least discussed, but potentially most significant, provisions in President Obama’s budget is the use of the “chained consumer price index” (chained CPI), to measure the effect of inflation on people’s standard of living.
Did you know that there are more than 102 million working age Americans that do not have a job? Yes, I know that number sounds absolutely crazy, but it is true. Right now, there are more than 11 million Americans that are considered to be “official
Ben Bernanke is participating in an IMF panel with Larry Summers, Ken Rogoff, and former Bank of Israel chief Stan Fischer... full speech below...The Crisis as a Classic Financial Panic
ACA supporters say Ratigan should be thankful
It’s starting to feel like we are part of a giant poker game against the US government, whose hand is the true condition of the American economy.
With what few vacuum tube-based trading algos are left and reacting with rabid kneejerkiness to every flashing red headline, one would get the impression that what matters to the Fed's decision on how to adjust its balance sheet flow depends on the U
In case the world needed any additional proof that the latest housing bubble (not our words, Fitch's) was on its last legs, it came earlier today from Credit Suisse' Dan Oppenheim who .....
The death of the dollar is coming, and it will probably be China that pulls the trigger.
Draghi introduced still-more-easing into Europe this morning as his surprise cut created turmoil in markets. What this means today, tomorrow, or next week is anyone's guess.
The September consumer credit print is out and once again, it shows just what the key drivers in the US economy are.
Remember mortgage-backed securities and the financial crisis they caused? This latest gambit will put you in shock
For most of US history, crony capitalism has been in a struggle with free-market capitalism for the heart and soul of the American economy. For the past half century, crony capitalism has been gaining the upper hand. There are many reasons why, all o
For more than a century, dating back to 1872, California has banned post-employment restrictions. The California Business and Professions Code voids every contract that restrains someone from engaging in a lawful profession, trade, or business. This
An Army veteran in Georgia is outraged after her daughter’s school banned her from campus because she posted a photo of her concealed weapons license on Facebook.
We’ve seen decades of manipulation in the monetary, financial and economic systems of this country.
Over the past year there has been some confusion about whether Ben Bernanke has managed to not only completely break the stock market (which, if one harkens back to hallowed antiquity used to discount good or bad news in the future, and "trade" accor
Crash Course creator Chris Martenson explains why it's easier to start than to stop quantitative easing: "A lot of what we hear is the Fed's exit strategy … what most people don't know is that this thing doesn't work in reverse very well at all."
Applications for mortgages for the purchase of a home plunged at nearly the fastest pace in 9 months this week, dropping to their lowest since the Christmas week 2012 - and lowest since February 2012.
While the public's attention has been focused recently on revelations involving currency manipulation by all the same banks best known until recently for dispensing Bollinger when they got a Libor end of day.....
Tide Thefts, Cargo Hijacking And Cattle Rustling: Why Is An Epidemic Of Thievery Sweeping America?
We’ve seen decades of manipulation in the monetary, financial and economic systems of this country. And while most people have fallen hook, line and sinker for the recovery narrative touted by the establishment, the reality is a stark contrast to wha
Derrick J Freeman (Peace News Now) gives an update on the PNN daily podcast - Glenn Jacobs (Citizen X) provides a perspective via world travels - Harry Dantonio, New York State is suspending Dr. Lic. for Taxes... Marc Stevens comments on this :)
A new survey of family offices by Citi finds that the wealthy are cash heavy—meaning they may fall short of the investment returns they're expecting.
For all your Sunday morning chartporn needs.
Real estate guru Mark Hanson updates his housing view following this week's dismal housing industry data:
"We sold everything we have and decided to find, as we put it, our American dream," says Josiane Simpson. She, Jared Holfeltz, and their son Gabriel are currently living out of their car.
If you believe that there is high inflation in the United States, you are just imagining things.
Did you know that the number of Americans on welfare is higher than the number of Americans that have full-time jobs?
This news item reads like a scene from Atlas Shrugged: Record grain harvests on the Prairies are straining Western Canada's transportation system as farmers struggle to get their bumper crop to west coast export terminals.