While “lowflation” continues to stun central bankers around the world, Zee Germans remain stoic on the sidelines (courtesy of Jens ‘nein nein nein’ Weidmann’s last voice of reason left in the world) in their derision of the ECB’s sovereign QE efforts. If you wondered why they are so vehemntly opposed to the printing of money……
“I can hire one half of the working class to kill the other half.” Jay Gould, aka the Mephistopheles of Wall Street. Video Length: 00:25:21
Welcome to edition 235 of Insider Weekends. The prolific buying by insiders of energy companies lost some steam last week even as oil and energy stocks rebounded sharply along with the rest of the market. With the S&P 500 closing less than 5 points off its all-time high, insider buying also picked up with insiders…
Welcome to edition 235 of Insider Weekends. The prolific buying by insiders of energy companies lost some steam last week even as oil and energy stocks rebounded sharply along with the rest of the market. With the S&P 500 closing less than 5 points off its all-time high, insider buying also picked up with insiders…
by Reverse Engineer, Doomstead Diner Transcript: Greetings Doomfans, and welcome to another edition of the Frostbite Falls Daily Rant, here on the Doomstead Diner. It’s been a couple of weeks since I recorded my original Oil Crash Rant, and a ton of action has gone down in the interim, so it’s time for an Update! Audio Length: 00:09:43…
The XAU/USD pair posted first weekly loss in three weeks and settled at $1195.71 per ounce. A stronger dollar and the rebound in equity markets worldwide drew some investors away from gold. The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates. On the other hand, Fed…
In the post below, I discuss a very strong correlation in the data which surprised me — a high ratio non residential fixed capital investment to GDP is correlated with high nominal interest rates on corporate bonds. I think the discussion in comments was very interesting and I have promised to pull back 2 comments (I…
“To one who has faith, no explanation is necessary. To one without faith, no explanation is possible.” – Thomas Aquinas Both the atheist and the faithful have the same fundamental problem: there is no way either can prove their point because it requires knowledge of the future after death. While both can argue that they…
Most of the consolidation warnings issued for market indexes on 12/9/14 were cleared during the rally last week. Here’s a quick update of the two I consider most important (S&P 500 Index – SPX and Small caps – IWM). The general message is that odds favor higher prices into the end of the year. A bit of…
What took place in Washington over the past two weeks with the repeal of Dodd Frank and then the effective repeal of the Volcker Rule sounds strikingly familiar to at least three previous periods in American History that led to total disaster. There were of course the Northern “carpetbaggers”, whom many in the South…
