Visualizing The World's Rich
We hear a lot about billionaires, millionaires, and 250,000-aires but just where are all these tax-dodging blood-suckers skulking and just how many trips to Space on Virgin Galactic can the Top 25...
View ArticleThe 'Broken' Fed Model In 3 Simple Charts
One of the most commonly cited 'bullish' memes for stocks is the so-called Fed Model (or Equity Risk Premium) or more simply - the fact that earnings yields are not catching up to Treasury yields (i.e....
View ArticleGuest Post: The Nearly-Free University
Submitted by Charles Hugh-Smith of OfTwoMinds blog,The Nearly-Free University model would revolutionize higher education, enabling a universally accessible college education at a very low cost.The key...
View ArticleName The Author: "How The Capitalists Are Trying To Scare The People"
Name the author:No socialist has ever proposed that the “tens of millions”, i.e., the small and middle peasants, should be deprived of their property (“made to abdicate their property rights”). Nothing...
View ArticleMeet The New China - Same As The Old China?
Just before the US election, we laid out the details and implications of the 'other' major 'election' occurring in the world - that of China's Supreme Leader of Awesomeness. Last night the details were...
View ArticleHow Fiscally FUBAR Will Your State Be?
We all stand 'fingers-over-eyes and thumbs-in-ears' awestruck at the immense wreckage that the fiscal cliff titan will wreak upon the country. However, deep inside our socially responsible minds, all...
View ArticleGeithner To Bailout FHA?
So two days ago the WSJ runs the story that the FHA is soon to be in default due to a shortfall in its reserve fund. Sure enough, it's now official: The government's finances are creating a...
View ArticleThe Curse Of The “Irreversible” Euro
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterYoung educated Greeks are facing an insurmountable wall of unemployment [Merkel Has A Dream]. With little chance of finding a...
View ArticleAre 'Equity' Vigilantes Keeping The Press Honest On The Fiscal Cliff?
In the past it has been the bond market whose vigilantes had rampaged across the fields to keep policymakers honest - but something has changed with the Fed's boot on the bond market. As BofAML notes,...
View ArticleThe FHA's Fatal Scattergram Flaw
Judging by the media rancor, the fact that the FHA has run out of capital is a stunning shock since besides, housing is in recovery right? Well, there is one simple reason why the FHA is FUBAR and is...
View ArticleStocks End Green; AAPL Volume Obscene; Treasury/FX Volatility Unseen
Equities closed the day-session near the highs of the day as OPEX shenanigans were evident everywhere. Early and ugly macro data was swept under the proverbial carpet (as it is transitory Sandy...
View ArticleNewly Public Ruckus Blames IPO Bomb On, Wait For It, Hurricane Sandy
If the entire world goes full retard, is any individual instance of full retardedness unique? This is what today's IPO bomb, Ruckus, which despite (or probably due to) much praise and lauding from...
View ArticleGuest Post: Very Few People Understand This Trend...
Submitted by Simon Black of Sovereign Man blog,There are only a few people who get it: the era of cheap food is over.Global net population growth creates over 200,000 new mouths to feed ever single...
View ArticlePhotos From Gaza
Most have read about the events in Gaza over the past three days, for the most part insulated and buffered by a distance of several thousand miles and one or more oceans, from what is rapidly becoming...
View ArticleGuest Post: Ceilings, Cliffs And TAG - 3 Immediate Risks
Via Lance Roberts of Street Talk Live,The recent market sell-off has not been about the re-election of President Obama but rather the repositioning of assets by professional investors in anticipation...
View ArticleIntended and Unintended Consequences: The ‘Darden Approach’ to Obamacare
Intended and Unintended Consequences: The ‘Darden Approach’ to Obamacare Courtesy of Dr. Paul Price One of the few bright spots for job creation over the preceding year or two was the hospitality...
View ArticleUS Embassy, Athens Warns Of Rise In 'Unprovoked' Racist Attacks
With over 10% of the Greek population polling in favor of the neo-nazi Golden Dawn party, it is hardly surprising but today's acknowledgement by the US Embassy in Athens of"a rise in unprovoked...
View ArticleGuest Post: What's Next In The Middle East?
Submitted by John Aziz of AzizonomicsWhat's Next In The Middle East?While the missiles, planes and rockets fly over Gaza and Israel, both Hamas and the Israeli government have been engaged in a battle...
View ArticleChina Persists In Refusing To Buy US Paper As Foreign LTM Purchases Of...
Yesterday's TIC data held two important pieces of data. The first is that in September, the month that Bernanke launched QEternity, for the first time in 2012, foreigners were net sellers of US...
View ArticleAnd Now The Facts About Retail Appetite For Japanese Bonds...
One of the more persistent, and pernicious, misconceptions about the unshakable - at least to date - tower that is Japanese debt, all Y1 quadrillion of it, is that there is no need to worry (literally,...
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