"Zero Hedge long ago gave up discussing corporate fundamentals due to our long-held tenet that currently the only relevant pieces of financial information are contained in the Fed's H.4.1, H.3 statements... macro economic data now is essentia
.S. Federal Reserve Vice Chairman Stanley Fischer said it was "misleading" to give so much importance to the Fed's first interest rate hike since the process of returning to a more normal level will take a few years.
We're all about to be taken to the woodshed, warns David Stockman in this excellent interview.
Robert De Niro didn't sugarcoat the truth when addressing the 2015 graduating class of New York University's Tisch School of the Arts on Friday. "You made it," said the Oscar-winning actor, "and you're f--ked."
If any evidence was needed that the market is dying at the zero bound, it came in yesterday's violent 15-minute rip when the algos read the Fed's release to mean there will be no rate hike in June.
CNBC's Santelli and Mish Discuss Municipal Bonds; Egan-Jones on Chicago; S&P Blames Moody's; Message to Bondholders
"You need to tell me what's wrong with this trade agreement, not one that was passed 25 years ago," a frustrated President Barack Obama recently complained about criticisms of the Trans Pacific Partnership (TPP)
This January, as much of the world was getting over its post-holiday hangovers, people began disappearing from Carnegie Mellon University's robotics center.
Globalization and international trade are in the headlines as Congress considers whether to give President Obama "Fast Track" negotiating authority for the Trans-Pacific Partnership. - See more at: http://www.thedailybell.com/news-analysis/36301/Free
City follows Seattle and San Francisco in raising minimum wage to $15 by July 2020, with city council members voting overwhelmingly in favour of legislation