It was about 5 years ago, roughly the same time we launched our crusade against HFT, that we also first made the accusation that as a result of QE and the Fed's central planning, the forward-looking, discounting mechanism formerly known as the "marke
Come grilling season, expect your sirloin steak to come with a hearty side of sticker shock.
When it comes to the conventional wisdom of who owns the bulk of corporate stock in the US equity market, the consensus is simple: at 36% of total, the answer is the US household. This is shown in the chart below.
The financial world is in uproar over controversial claims that high frequency traders are rigging stock markets.
Federal Reserve policymakers were unanimous in wanting to ditch the thresholds they had been using to telegraph a policy tightening, according to minutes of a meeting last month that shed little new light on what might prompt an interest-rate rise.
Global equity markets rose on Wednesday after better-than-expected corporate results boosted sentiment on the outlook for first-quarter earnings, while the dollar gained on optimism the U.S. economy will show growth as it sloughs off the effects of a
Most of the country is not prepared at all. In many ways, it is just like 2007 all over again. There were many people that could see what was about to happen and were doing all they could to warn people, but most did not listen. And then the great
Retiring SEC Lawyer Crucifies His Employer: "It's A Cancer" Working On Behalf Of The "Bankster Turnpike"
While we are sure the men of the world are applauding quietly from the background, President Obama's plan for equal pay is likely to appeal to the females in his audience - especially those who might vote...
Investors should take every precaution right now to protect their money from a major market disaster that will destroy the economy and impoverish millions of Americans.
There is a reasonably quiet start to the week before we head into the highlights of the week including the start of US reporting season tomorrow, FOMC minutes on Wednesday and IMF meetings in Washington on Friday.
New mortgage originations fell over 23% month-over-month and a stunning 47% year-to-date according to Black Knight (formerly LPS).
In the history of capitalism, this is the hardest time ever to invest. People are going broke, losing their jobs, and fear more than greed rules the news and tries to rule thoughts.
This Counterintuitive Pattern Tells You Everything You Need To Know About Investing In Stocks
U.S. stocks fell on Monday with the S&P 500 posting its biggest three-day drop in two months, as investors bid down Internet stocks and rotated into defensive names to protect against further declines.
Former Congressman James Traficant sits down with Gary Franchi and reveals his prediction of America's total collapse by 2030... And a plan to stop it.
We suspect these sanctions would have more teeth than travel bans, but it is likely to be another epic debacle resulting from what was originally intended to be a demonstration of strength and instead is a terminal confirmation of weakness.
How long can America continue to burn up wealth? How long can this nation continue to consume far more wealth than it produces? The trade deficit is one of the biggest reasons for the steady decline of the U.S. economy, but many Americans don’t eve
And all it took for the FBI, the SEC and now the DOJ to figure out the casino was rigged all along, was for a Michael Lewis book to do their job for them.
Peak Bubble 2.0: The Market Is Now Exactly As Overvalued As It Was At The Last Bubble Peak
First, let me say what you read here is going to be wrong in several ways.
Rep. Duncan Hunter on Tuesday asked Congress to evaluate whether enough states have officially called for a constitutional convention to propose a balanced budget amendment — marking the next step toward what could be an historic gathering.
Almost a month ago, we wrote "This Is The One Financial Product Now Targeted By The HFT Swarm", in which after briefly perusing the Virtu S-1 filing, we concluded that "one product stood out.
Social Security, Medicare and Medicaid are easily the leading sources of the US government’s worsening fiscal nightmare. By 2037, the ongoing growth in spending for these programs will have pushed up total federal spending to 35.7% of GDP
It involves playing with nitro-glycerine in the Petro-Dollar room. It involves putting tremendous risk for much more clear isolation of the United States. The more the USGovt pushes, the more the US will be isolated. Remember that Nazis
Michael Lewis' "Flash Boys" reveals how a group of unlikely characters discovered how some high-speed traders work the stock market to their advantage
Jon Stewart is stunned by the world of HFT...
The U.S. stock market is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you've just ordered, order it first, then raise the price before your order is complete.
One of the evils of massive over-financialization is that it enables Wall Street to scalp vast “rents” from the Main Street economy.
Are you thinking of going to college? If so, please consider that decision very carefully.