zerohedge.com / by Raul Ilargi Meijer via The Automatic Earth blog / 04/17/2015 11:00
Yes, more Greece, ever more Greece. Well, the focus is still very much there. It’s not the only topic, obviously, China warrants interest too, certainly with things like Tyler Durden quoting Cornerstone Macro as saying China’s true economic growth rate […]
zerohedge.com / by Tyler Durden on 04/17/2015 09:49
A few days ago, we deservedly mocked the IMF for “projecting” that in 2016 Greece would be the Eurozone’s fastest growing country, with a 3.7% expected GDP growth rate.
news.goldseek.com / By David Chapman / 16 April 2015
The banking system is supposed to be the backbone of the economy is it not. Ok maybe not. Many tout small business as the backbone of the economy. That is most likely a myth as well. Big business helps create numerous small businesses so that […]
blog.milesfranklin.com / by Andrew Hoffman / April 16th, 2015
In turn, I considered which of the various manipulative governments, bankers, and media outlets were worthy of being anointed the “liar king”; let alone, so-called “good guys,” like the countless Precious Metal-focused “newsletter writers” that employ “proprietary analysis” – technical or otherwise – to convince you […]
wallstreetonparade.com / By Pam Martens and Russ Martens / April 16, 2015
Since the depths of the financial crisis in 2008 and 2009, James Bullard, President of the Federal Reserve Bank of St. Louis, has been talking up a storm and moving markets. On multiple occasions, however, after Bullard has talked up tightening, he’s had […]
wolfstreet.com / by Nick Cunningham / April 15, 2015
The nuclear deal between Iran and the P5+1 nations could lead to a flood of new oil hitting global markets. That could result in a significant drop in oil prices. While that would be damaging to Russia – already reeling from low prices – the Kremlin […]
harveyorganblog.com / by harveyorgan / April 15, 2015
Good evening Ladies and Gentlemen:
Here are the following closes for gold and silver today:
Gold: $1201.50 up $8.70 (comex closing time)
Silver: $16.27 up 12 cents (comex closing time)
In the access market 5:15 pm
Gold/silver trading: see kitco charts on the […]
zerohedge.com / by Tyler Durden on 04/14/2015 14:30
In just six short months, expectations for US economic growth in Q1 2015 has been slashed by more than half (from ‘trend’ 3% to a mere 1.4% growth this week). While consensus is still well above theAtlanta Fed’s 0.1% forecast, the sell-side is rapidly being forced […]
wolfstreet.com / By Mark Hansen via MarketCap / April 13, 2015
There are six large (with a market cap of over AUD50 billion) listed companies in Australia. The biggest four are banks, the fifth is BHP, one of the world’s largest mining companies. The sixth is the world’s most over-priced Telco, Telstra. The table below […]
zerohedge.com / by Tyler Durden on 04/13/2015 16:35
We are grateful to Alexander Giryavets at Dynamika Capital for pointing us to something which is far more troubling than even the Atlanta Fed’s collapse in Q1 GDP tracking: namely the latest Credit Managers Index for the month of March which “deteriorated significantly over the last […]
goldbroker.com / via Hindustantimes.com / Apr 13, 2015
India’s official gold imports in 2014-15 stood at 900 tonnes — 36% higher than the previous year’s 665 tonnes, indicating households’ strong preference for the yellow metal as a savings option.
Gold imports are believed to have more than doubled to 125 tonnes in March from 60 […]
financialsense.com / by ANDREW ZATLIN / 04/09/2015
Initial Jobless Claims as a Leading Indicator
When it comes to Initial Jobless Claims, labor is a leading – not a lagging – indicator.
All business investment decisions, from capital to labor, are responses to business expectations of economic growth. So while hiring and firing certainly lag business […]
marctomarket.com / By Marc Chandler / April 08, 2015
It was once fashionable for European officials to offer geography lessons to investors. Ireland is not Greece. Portugal is not Spain. Italy is not Greece. France is not Italy.
Now Greece has been isolated. If some how the Greek issue could be addressed, EMU problems would […]
market-ticker.org / by Karl Denninger / 2015-04-09
You’ve heard me, many times in these pages, talk about the utter rape of the consumer by the pharmaceutical industry, with one of the worst abuses being pricing disparities between nations.
This is often justified as “America can afford it” but on the arithmetic this is utter […]
sovereignman.com / By Simon Black / April 7, 2015
Despite being an otherwise staid, traditional news service, the professional banking division of the Financial Times recently released an utterly scathing assessment of the British economy.
It was entitled, “The UK economy is a ticking time bomb,” and the editor didn’t pull any punches in completely […]
dollarcollapse.com / by John Rubino on April 6, 2015
The list of things hitting cyclical peaks gets longer every day. Besides the nominal amounts (debt, derivatives, money supply) that are now at all-time highs, some “as a share of GDP” indicators are starting to say similar, very scary things:
In a world of […]
zerohedge.com / by Tyler Durden on 04/06/2015 13:15
With almost 70% of Europeans already believing that Greece is a drag on the EU economy, this morning’s statement by Greek Alternate Finance Minister Dimitris Mardas – coming just a week after the war-raparations committee was set-up, telling lawmakers in Parliament that he has calculated that Germany […]
financialsense.com / by TIM IACONO / 04/02/2015
As was the case a year ago when harsh winter weather visited the East Coast, the first quarter of 2015 is turning out to be something of a bust GDP growth-wise as evidenced by the Atlanta Federal Reserve’s GDP Now forecast shown below.
wallstreetonparade.com / By Pam Martens and Russ Martens / April 2, 2015
Yesterday, economists at the Federal Reserve Bank of Atlanta notched down their forecast for U.S. economic growth in the first three month of 2015 from 0.2 percent to zero. To put it another way, if the U.S. economy was a hospital patient, […]
charleshughsmith.blogspot.com / by CHARLES HUGH SMITH / APRIL 02, 2015
This long-term weakening of the economy is the direct result of financialization and the Federal Reserve’s policy of propping up impaired debt with more debt and constantly bringing demand forward with zero interest rates.
The U.S. economy is slowing to stall speed–the point when […]