financialsense.com / WALTER DONWAY / 10/21/2014
In the United States, if we hold a referendum, so voters may speak directly and decisively on a question, it always is at the state level, and, lately, most often addresses the legality of gay marriage, the decriminalization of marijuana, getting tough on illegal immigrants, or some other [...]
zerohedge.com / by Tyler Durden on 10/23/2014 08:39
Having reached multi-year lows last week, this week’s 17k rise to 283k (albeit noise), missing expectations for the first time in 6 weeks, is the biggest weekly rise in initial jobless claims since early August. Of course that’s irrelevant as all the time there is no hiring, [...]
acting-man.com / Pater Tenebrarum / October 23, 2014
Will They Ever Learn?
Europe’s economies are once again on the verge of a downturn, which in the euro area may as well mean “another crisis”. The establishment has lost the confidence of the voting public some time ago. The leader of France’s statist brain [...]
caseyresearch.com / Alex Daley / September 23, 2014
Do you have a smartphone?
Does it already do pretty much everything you’d like it to?
Now suppose you could upgrade to a “phone” that had a storage capacity of 100 terabytes—enough to record virtually your entire life—and a week’s battery life per charge: would you buy [...]
goldcore.com / By Mark O’Byrne / 23 October 2014
Microchips embedded in the arms of citizens to track their activities, the total destruction of the middle classes and a cashless economy where an authoritarian state can freeze the accounts of dissenting citizens excluding them from all economic activity….. These are all part of the cheery [...]
financialsense.com / DOUG SHORT / 10/22/2014
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method.
There is, however, a general belief that there [...]
zerohedge.com / by Tyler Durden / 10/23/2014 09:54 -0400
But the world has been printing such great PMIs? And the US is the new engine of global growth? So how did US Manufacturing PMI just print 56.2, 3 month lows, and its biggest miss since August 2013? Following China and Europe’s lead, US is latest [...]
lewrockwell.com / By Andrew P. Napolitano / October 23, 2014
Earlier this week, the federal government’s National Science Foundation, an entity created to encourage the study of science — encouragement that it achieves by awarding grants to scholars and universities — announced that it had awarded a grant to study what people say about [...]
gold-eagle.com / Michael Lombardi / October 22, 2014
On November 30, Switzerland’s citizens will cast a very critical vote.
Through a referendum, they will vote for or against the Swiss National Bank increasing its gold bullion reserves to 20%, the central bank halting the selling of gold, and the storing of gold bullion in [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Wednesday, October 22, 2014 11:52 AM
Inquiring minds are tuned into the Saxo Bank’s 4th Trading Debate on Volatility and Performance.
Another “Shock Drop” in Markets
Saxo Bank CIO Steen Jakobsen says Another ‘Shock Drop’ is Coming and it’s Coming Soon
Steen takes the view that central bank [...]
economicnoise.com / Monty Pelerin / OCTOBER 22, 2014
Doofus is an unusual but appropriate appellation for President Barack Hussein Obama.
What Is A Doofus?
“Doofus” is slang referring to a boob, for which the thesaurus lists the following synonyms — idiot, nitwit, dunce, fathead, fool, goof, goon, imbecile, jerk.
Some might argue that these [...]
dollarvigilante.com / Ron Holland / October 23rd, 2014
Although there are no firm statistics on the number of Americans living outside the US, the US State Department estimates that somewhere between 3 and 6 million Americans now live offshore. I think this is a low estimate and the number is clearly growing.
I now live [...]
boilingfrogspost.com / Christoph Germann | October 21, 2014
Kyrgyzstan Targets U.S. NGOs amid Fears of Kyrgyz Maidan, Georgia Freaking Out over Russia’s “Attempt to Annex” Abkhazia & More!
*The Great Game Round-Up brings you the latest newsworthy developments regarding Central Asia and the Caucasus region. We document the struggle for influence, power, hegemony and [...]
zerohedge.com / by Tyler Durden / 10/23/2014 09:21 -0400
Curious why Q3 revenue at the NBCUniversal segment of which CNBC is part of at Comcast remained unchanged at $2.255 billion compared to ($2.239 billion in Q3 2013), and why advertising revenue actually dropped by a lofty 4.6% in the quarter compared to a year ago?
mauldineconomics.com / JOHN MAULDIN / OCTOBER 22, 2014
I featured the thinking of Dr. Lacy Hunt on the velocity of money and its relationship to developed-world overindebtedness and the potential for deflation in this week’s Thoughts from the Frontline, and I thought you’d like to peruse Lacy’s entire recent piece on the subject.
Lacy takes [...]
trueeconomics.blogspot.com / by Dr. Constantin Gurdgiev / Thursday, October 23, 2014
BlackRock Investment Institute released the latest Economic Cycle Survey results for EMEA:
“The consensus of respondents describe Russia, Croatia, Egypt and the Ukraine in a recessionary state, with an even split of economists gauging Hungary and Turkey to be in a recessionary or contraction [...]
kingworldnews.com / October 23, 2014
On the heels of another wild trading day in global markets, today top Citi analyst Tom Fitzpatrick sent King World News three incredibly important charts that all KWN readers around the world need to see.
Below are Fitzpatrick’s three remarkable charts along with his commentary:
Commodities: We [...]
wolfstreet.com / by Wolf Richter • October 23, 2014
Something is changing about the perception of the Fed’s free-money policies. While we’ve lambasted them for their nefarious effects on the real economy and the inequality they produce, Wall Street, the prime beneficiary, has been bombastically gung-ho about them. And the mainstream media have praised [...]
zerohedge.com / by Tyler Durden / 10/23/2014 08:51 -0400
If even George Soros is getting concerned and writing Op-Eds, then Putin must be truly winning.
Here are the highlights from what the Open Society founder has to say about the “existential” Russian threat in a just released Op-Ed:
Europe is facing a challenge from [...]