What Fiscal Cliff? Obama Planning Another "Tax Cut" Fiscal Stimulus
Since it would appear that QEternity has ostensibly failed in its main goal of pushing the stock market higher (and mortgage rates lower), the White House seems to be scrambling. Obama administration...
View ArticleCOINTELPRO Techniques for Dilution, Misdirection and Control of an Internet...
We have repeatedly addressed the topic of disruption of logical debate on the Internet. An anonymous writer posted an important new report on disruption at Pastebin. It is in the style of a leaked law...
View ArticleThe Life (So Far) Of Hurricane Sandy
She's wet, windy, and bringing a world of hate to the Atlantic Seaboard - but where did she come from? NOAA offers the complete animated real-life of Hurricane Sandy... Meanwhile in Bermuda - waves...
View ArticleAll US Equity Markets Closed Monday (And Maybe Tuesday) Due To Sandy
Late Updates - after a day of consultation and realization that if the algos were left alone to play then things could go a little pear-shaped - NYSE and NASDAQ will now be totally closed tomorrow:...
View ArticleOvernight Sentiment: Cloudy, If Not Quite Frankenstormy
It is cloudy out there as Sandy enters the mid-Atlantic region, although for all the pre-apocalypse preparations in New York, the Frankenstorm may just be yet another dud now that its landfall is...
View ArticleFrontrunning: October 29
Markets Go Dark Ahead of Storm (WSJ, RTRS, BBG, FT) MF Global Problems Started Years Ago (WSJ) Major Greek daily reprints Swiss accounts list, editor who published list to go on trial for violating...
View ArticleSandy's State-By-State Impact Forecast
The latest state-by-state forecast from the Wunderground weather wizards: Maine • Storm tide and surge: 1 to 2 feet of storm surge on top of tides.• Wind: 30 to 40 mph with gusts up to 60 mph. The...
View ArticleIt Just Isn't His Day...
Everyone is safely home, tucked in and patiently waiting for the perfect storm to rage and ravage the Big Apple. Everyone - including the algos in just over 1 hour. Everyone.... except for Friday's...
View ArticleDon't Worry Germany - Your Gold At The New York Fed Is Safe And Sound
The hurricane water surge has come and gone, devastating downtown New York, but one place, the one that represents the deepest hole burrowed south of Houston street and literally lies on the New York...
View ArticleIt's Not Just NYC; Valencia Government Also Blacked Out (For Not Paying Bill)
While much of New York City and Westchester remain 'dark' thanks to Sandy; it seems across the pond, the government of Valencia has gone dark due to stupidity. As El Economista reports, several...
View ArticleGuest Post: Debt And Deficits - Killing Economic Prosperity
Submitted by Lance Roberts of Street Talk Live, What is really causing the economic malaise that the U.S. faces today? Most economists believe that it is the lack of aggregate demand that is causing...
View ArticleYou Don't Know Congress - The Ultimate Infographic
From the first divide in Congress between supporters (right) and opponents (left) of the Washington Administration to the latest record-breaking level of polarization in the House and the Senate, this...
View ArticleSandy Total Loss Estimate: Up To $100 Billion
In a stunningly accurate prediction of what to expect from a 100-year storm, the following 2011 report assessing the 'risk increase to infrastructure due to a sea level rise' provides everything you...
View ArticleGuest Post: A Case For Legalized Insider Trading
Submitted by Martin Sibileau of A View From The Trenches, Public securities, ceteris paribus, should trade at a discount to private securities, to compensate for the risk of lack of control and...
View ArticleAnticipating the Devolution of Big Government
Authored by Charles Hugh-Smith via Peak Prosperity, With the US elections approaching next week, as well as the threat of another fiscal cliff showdown looming, we asked contributing editor Charles...
View ArticleThe Fed is Subsidizing Corporate EPS
As we see miss after miss on the revenue line, companies have seemingly still been able to meet EPS estimates (or at least stop them from plunging). How? (outside of releasing any and all reserves),...
View ArticleFrance's Fiasco In One Fine Chart
Scanning the world, France ranks at or near the top in government transfers to households, vacation times and labor market rigidity, and at or near the bottom in hours worked per week, labor force...
View ArticleChart Of The Day: Sturm, Ruger's Revenues
This chart showing Sturm, Ruger's quarterly revenues needs no comment. Perhaps 'Sandy' or the elections will drive a renewed interest in being 'locked-and-loaded' as looting continues? Some...
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