wallstreetexaminer.com / by Lee Adler / October 23, 2014
The headline, fictional, seasonally adjusted number for initial unemployment claims came in at 283,000, very close to the Wall Street conomist crowd consensus guess of 285,000. That was a non event.
The actual, not seasonally finagled numbers, which the Wall Street captured media ignores, shows [...]
blog.milesfranklin.com / By Andrew Hoffman / October 23rd, 2014
It’s very early Thursday morning, in a historically manipulated financial world that has become an utter vortex of propaganda, ignorance and complacence. As David Stockman put it yesterday, “there is a PPT, and it is the Federal Reserve.” More broadly, the world’s “financial leaders” have [...]
wallstreetonparade.com / By Pam Martens and Russ Martens / October 23, 2014
Occupy Wall Street Protesters Outside the New York Fed, September 17, 2012
What the New York Fed attempted to pull off this past Monday with its full-day conference for the execs of wayward Wall Street banks was a public relations stunt to [...]
wallstreetonparade.com / By Pam Martens and Russ Martens / October 21, 2014
In 30 years of observing Wall Street, we can’t remember a headline like the one that appeared yesterday at Reuters: “IBM to Pay GlobalFoundries $1.5 Billion to Take Chip Unit.” When one can’t even give a business away that includes thousands of [...]
davidstockmanscontracorner.com / by David Stockman / October 21, 2014
Last Wednesday the markets plunged on a vague recognition that the central bank promoted recovery story might not be on the level. But that tremor didn’t last long.
Right on cue the next day, one of the very dimmest Fed heads—James Dullard of St Louis—-mumbled [...]
mauldineconomics.com / BY TONY SAGAMI / OCTOBER 21, 2014
Investing is about piecing together different bits of information into an illustrative picture—sort of a Wall Street version of the connect-the-dots game we played in kindergarten.
That’s why the headline below from Bloomberg made my investment antennae stand up and motivated me to look for either [...]
libertyblitzkrieg.com / By Michael Krieger / Oct 21, 2014
The sickening transformation of these United States into a authoritarian police state with an incarceration rate that would make Joseph Stalin blush, has been a key theme of my writing since well before the launch of Liberty Blitzkrieg. One of the posts that shocked and disturbed [...]
libertyblitzkrieg.com / Michael Krieger / Oct 20, 2014
Longtime readers of Liberty Blitzkrieg will know that I think the greatest parody of Wall Street ever created is courtesy of SNL about a made-up firm called Global Century Investments. Before I provide a link to the video, I want to highlight a stunning quote from Gretchen [...]
John Vachon Houses in Atlanta, Georgia May 1938
theautomaticearth.com / by Raúl Ilargi Meijer / October 20, 2014
” … you sell what you can, not what you want”
• Leveraged Money Spurs Selloff; ‘Liquidity Isn’t What It Used to Be’ (Bloomberg)
When markets are buckling and volatility is signaling a crisis, you sell [...]
investmentresearchdynamics.com / by David Kranzler / October 20, 2014
The homebuilder stocks had a steep sell-off that occurred the week of October 6. It culminated a move lower that started the first of week of July when the Dow Jones Home Construction Index (DJUSHB) topped out at 520. From that top to the low [...]
arabianmoney.net / 20 October 2014
Some horrid numbers to start the week from IBM that immediately sent futures lower on the Big Board. Is this the beginning of another week of sell-offs for Wall Street
The ‘Squawk Box’ news team breaks down ‘Big Blue’s’ quarterly numbers after the company posts misses on both the top [...]
Janet Yellen, Federal Reserve Chair
wallstreetonparade.com / By Pam Martens and Russ Martens/ October 20, 2014
It took 200 years of hard data in a bestselling book by Thomas Piketty, awesome graphs and charts in Robert Reich’s documentary, “Inequality for All,” and years of scolding from Wall Street on Parade, but Fed Chair Janet [...]
silver-coin-investor.com / Dr. Jeffrey Lewis / Oct 19, 2014
There is an unspoken difference between debt that is designed to be paid back and debt (disguised as perpetual flow) to finance pre-existing streams of debt service.
The second type of debt is a Ponzi large enough to make Bernie Madoff blush. And crash the system. [...]
doctorhousingbubble.com / 18 Oct, 2014
There was an odd sort of rejoicing last week in the midst of market volatility. Housing starts jumped but the people pointing at this failed to grasp that a large reason for this was because of multi-family housing starts. In other words, the demand is reflecting a nation that is [...]
arabianmoney.net / 18 October 2014
Traders on CNBC’s ‘The Final Call’ are planning to sell into any rally early next week and keep their short positions on as the experts are not convinced that the carnage on Wall Street is done just yet.
CNBC’s Melissa Lee and the Options Action traders discuss the stocks they’ll [...]
mybudget360.com / OCT 17, 2014
People tend to think that buying a home means only paying principal and interest. Most conveniently forget the other myriad of expenses associated with being a homeowner. As Americans find less disposable income in their bank account each month, less Americans are becoming homeowners. The middle class is moving away [...]
kingworldnews.com / October 17, 2014
In spite today’s bounce, a 50-year market veteran warns just how violent things can get to the downside.
By Art Cashin Director of Floor Operations at UBS
October 17 (King World News) – “On this day (+2) in 1987 (that’s 27 years ago, if you are [...]
Now this really is precious. From 1912:
"The official mortgage on the human race now is $39,343,079,476."
— Rudolf E. Havenstein (@RudyHavenstein) October 16, 2014
zerohedge.com / by Tyler Durden on 10/17/2014 19:46
Any time you feel like all the endless crime, rigging and cronyism on Wall Street and its lobbied puppets in [...]
Figure 1: S&P 500 Index – pullback is underway
news.goldseek.com / By: Puru Saxena / 17 October 2014
BIG PICTURE – The first round of QE began in March 2009 and after 5½ years, the Federal Reserve’s bond buying program is coming to an end. Since the QE program boosted confidence, combated deflationary forces [...]
wallstreetexaminer.com / By Lee Adler / October 16, 2014
The headline, fictional, seasonally adjusted number for initial unemployment claims came in at 264,000, thus shocking the Wall Street conomist crowd, whose consensus guess was for 290,000. Bloomberg reported that not a single conomist in their survey had guessed that the number would be that low. [...]