    LifeStraw Personal Water Filter - $19.95 Retail Price: $29.95 You Save: $10.00 from: Eartheasy.com   | news.goldseek.com / By David Chapman / Thursday, 9 May 2013 TECHNICAL SCOOP CHART OF THE WEEK Charts and commentary by David Chapman 26 Wellington Street East, Suite 900, Toronto, Ontario, M5E 1S2 Phone (416) 604-0533 or (toll free) 1-866-269-7773 , fax (416) 604-0557 david@davidchapman.com dchapman@mgisecurities.com [...] yaf.org / By Adam Tragone / May 8, 2013 8:57:33 AM Since I graduated from college in 2009, the economy has remained stagnant and the job market has remained weak, with no sign of improvement. Just last week, the Bureau of Labor and Statistics reported that the unemployment [...] marctomarket.com / By Marc Chandler / THURSDAY, MAY 9, 2013 This Great Graphic comes from Gallup. It surveyed American households and found that the lower percentage of adults own shares since the survey began in the late 1990s. A little more than half of adults own shares directly, or in a mutual [...] Deutsche Bank: “We Fully Understand Why The Authorities Wouldn’t Want Free Markets To Operate Today”zerohedge.com / By Tyler Durden / May 9, 2013, 09:06 -0400 A brief stroke of brilliance from Deutsche Bank’s Jim Reid: Our opinion is that the BoJ is the latest runner with this demand baton which may in turn actually force others into the race (ECB in the future?), or encourage others to carry on [...] zerohedge.com / By Tyler Durden / 05/07/2013 18:43 We recently discussed the ‘dead-weight’ problem of youth unemployment in developed economies. The Economist estimates that the world’s population of NEETs (not in employment, education, or training) is a stunning 290 million – or around one-quarter of the world’s youth. Sadly, many of the [...] thedailybell.com / By Bill Bonner / TUESDAY, MAY 07, 2013 Public life bumbles along under a combination of false pretenses and self-imposed delusions. At the start of last week, it was widely reported that US central bankers had gone as far as they were willing to go. There were voices in the Fed, said the [...] thedailybell.com / By Staff Report / May 6, 2013 Long-term unemployment is one of the most vexing problems the U.S. faces, and today’s jobs report shows all-too-meager progress in fixing it. The U.S. created 165,000 new jobs in April, pushing down the unemployment rate to 7.5 percent from March’s 7.6 percent. But as of [...] investmentwatchblog.com / May 6th, 2013 EU forecasts 2013 French slide into recession The European Commission published its highly anticipated spring forecasts on Friday, predicting a French slide into recession this year, with its economy projected to shrink by 0.1 percent. http://www.france24.com/en/20130503-european-union-commission-forecasts-2013-france-slide-recession Euro Unemployment Just Hit A Brand New Record High This is a devastating chart. [...] azizonomics.com / By John Aziz / May 6, 2013 Niall Ferguson’s bizarre attack on John Maynard Keynes which he has now apologised for — claiming that Keynes’ lack of children led to him taking an irresponsible attitude to the long run — has prompted many apt responses regarding the fact that Keynes and his [...] marctomarket.com / By Marc Chandler / May 6, 2013 Holiday in Tokyo and London are making for a quiet start to the week. The US dollar is firmer, though gains are mostly minor, with two notable exceptions. The greenback’s gains against the yen in the second half of last week have been extended to ~JPY99.45, [...] lfb.org / By Jeffrey Tucker / May 3, 2013 The latest unemployment data reveal the hope and tragedy of the American economic plight. Cheers went up for a modest increase in hiring, one that: barely keeps up with population; features mostly temp workers; leaves out prime-age males and all young workers; and [...] globaleconomicanalysis.blogspot.ca / By Mike “Mish” Shedlock / Friday, May 03, 2013 11:14 AM Initial Reaction The establishment survey showed a gain of 165,000 a reasonably good but not spectacular print. In contrast, the household survey showed a huge gain of 293,000 jobs. Once again we see a huge surge in involuntary part-time employment [...] market-ticker.org / By Karl Denninger / May 1, 2013 14:05 From the idiots on the FOMC: Release Date: May 1, 2013 For immediate release Information received since the Federal Open Market Committee met in March suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown [...] market-ticker.org / By Karl Denninger / April 30, 2013, 13:45 When you’re wrong, lie. When you’re really wrong, lie big. Hirschman used the words “perversity” and “futility” to describe his best examples of reactionary rhetoric. Conservatives often object that reforms will turn out to be perverse, because they will have the opposite [...] zerohedge.com / By Tyler Durden / April 30, 2013, 11:26 -0400 As was announced earlier today, the Cypriot parliament was set to vote on the country’s deposit confiscatory bail in, a vote that was largely expected to pass. Moments ago it did. CYPRUS LAWMAKERS APPROVE BAILOUT IN PARLIAMENTARY VOTE WITH 29 VOTES IN FAVOR, 27 [...] zerohedge.com / By Tyler Durden / April 30, 2013, 08:57 -0400 While near record low sovereign bond spreads and near record high equity prices have been taken as vindication by the European elites that all is well and ‘we just need a little less fauxsterity‘ to be done with this crisis; the data, as it [...] zerohedge.com / By Tyler Durden / April 30, 2013, 06:59 -0400 The weakness in economic data (not to be confused with the centrally-planned anachronism known as the “markets”) started overnight when despite a surge in Japanese consumer spending (up 5.2% on expectations of 1.6%, the most in nine years) by those with access to the [...] theeconomiccollapseblog.com / By Michael Snyder / April 29th, 2013 The next Great Depression is already happening – it just hasn’t reached the United States yet. Things in Europe just continue to get worse and worse, and yet most people in the United States still don’t get it. All the time I have people ask [...] mises.org / By Murray N. Rothbard / Sunday, April 28, 2013 Ours is truly an Age of Statistics. In a country and an era that worships statistical data as super “scientific,” as offering us the keys to all knowledge, a vast supply of data of all shapes and sizes pours forth upon us. Mostly, it [...] marctomarket.com / By Marc Chandler / FRIDAY, APRIL 26, 2013 There have been three recent developments in Spain: the new record high unemployment, the earnings reports of several large banks, and the government’s new fiscal forecasts and strategy. Spanish 10-year yields continued to trend lower over the course of the week. The roughly 35 bp [...] europac.net / By Peter Schiff / Friday, April 26, 2013 Don Draper, Mad Men’s master advertiser likes to say “when you don’t like what they are saying, change the conversation.” When it comes to the current economic weakness, which was confirmed again today by the release of lower than expected GDP data, [...] dailyreckoning.com.au / By Greg Canavan / April 26th, 2013 We end the week continuing on the ‘bad news is good news’ theme. Actually, it’s a theme that’s been in vogue for a while now, but it’s really ramped up in the past week. While you were off playing two-up, more bad news rolled in. [...] streettalklive.com / By Lance Roberts / Thursday, April 25, 2013 Recently, Henry Blodget wrote that “The Economic Argument Is Over – And Paul Krugman Won.” The premise of the article is that the ongoing debate between economic schools of thought, since the financial crisis began, over what policies were necessary to get [...] investmentwatchblog.com / April 25th, 2013 Spain’s jobless rate shot up to a record 27.2 percent in the first quarter of 2013. Doesn’t look so good for them. Read all the grim details: http://news.yahoo.com/spains-jobless-above-6-million-first-time-111922081–finance.html Spain’s unemployment 27.2%: “This is getting worse every day. (The government) has no solution, there are more and more people unemployed and [...] testosteronepit.com / By Wolf Richter / April 25, 2013, 12:45PM Unemployment in Spain jumped to 27.2% at the end of the first quarter, up from 26.0% in the fourth quarter. A record 6,202,700 million people were registered on the unemployment rolls that have ballooned by 563,200 over the 12-month period. The number [...] zerohedge.com / By Tyler Durden / 04/25/2013 08:50 In yet another worse-than-expected macro data point, Spain has just breached the 27% unemployment level – the highest since at least 1976, when data began following dictator Francisco Franco’s death. At 27.2% this is already higher than the IMF’s year-end estimate of 27% suggesting growth estimates are [...] investmentcontrarians.com / By George Leong / Apr 24, 2013 Consistent jobs growth remains an issue here in the U.S. We also know that the lack of jobs is a worldwide problem that is only made worse by the world’s growing population and the stalling global economy. The reasoning behind this worldwide jobs problem is [...] johngaltfla.com / By John Galt / April 23, 201, 05:40 EDT Unfortunately for the American public, most people do not have the asset of grandmothers or grandfathers who survived the Great Depression of the 1930′s and can remind us of what happened and how the sucker’s recovery had everyone believing things were better when in [...] zerohedge.com / By Tyler Durden / April 23, 2013, 09:54 -0400 Despite rising (and record) unemployment, non-performing loans at record levels crushing the banking system’s balance sheets, pension funds all-in, and their Italian neighbor now expecting more budget cuts of almost 1% of GDP in 2015-17 (and further downside risks to the GDP forecasts); Italian [...] |
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