AIG Is NOT On The Hook If Greenberg Wins Vs. Government
Article By:
Todd Sullivan
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Friday, November 14, 2014 6:54 PM EDT
People think that should Hank Greenberg win, AIG might be on the hook for the monetary damages, but they might be wrong.
In this article: AIG
The U.S. Department Of Justice Handles Banker Criminals Like Juvenile Offenders…Literally
Article By:
Michael Krieger
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Friday, November 14, 2014 5:02 PM EDT
Deferred prosecution agreements were created 100 years ago to give juvenile defendants a chance to rehabilitate themselves. Only in the last 20 years have DPAs migrated to the field of corporate criminals, treating them like kids who’ve just gone down a bad path in life.
Only A Major Crash Will Change The Economic Narrative
Video By:
Peter Schiff
Watch
Friday, November 14, 2014 1:48 PM EDT
We no longer have honest price discovery anywhere in the markets. Everything is driven by the word clouds and the liquidity injections in the short run, by not only the Fed – our central bank – but all the central banks of the world are doing the same thing. Video length 28:43.
The Next Recession: Cause And Timing
Article By:
Bill Conerly
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Friday, November 14, 2014 1:35 PM EDT
I know it’s coming, but I’m not sure when. We will have a recession within the next few years, which is an easy forecast.
Morning Call For Nov. 14, 2014
Article By:
Jim Van Meerten
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Friday, November 14, 2014 8:23 AM EDT
December E-mini S&Ps (ESZ14 +0.02%) this morning are up +0.01% on increased M&A activity with Baker Hughes up over 5% in pre-market trading after it confirmed that it was in talks with Halliburton for a potential "business combination."
Sterling And Yen Slip Lower, Euro Stuck In Week's Narrow Range
Article By:
Marc Chandler
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Friday, November 14, 2014 7:33 AM EDT
The yen's weakness stems from the aggressive easing by the BOJ and the stepped up buying of foreign assets by Japanese investors.
UK Inflation Projected To Remain Low
Article By:
Daily Forex
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Friday, November 14, 2014 7:08 AM EDT
For the first time in five years, UK workers on average wages found that their pay increase was actually marginally above the consumer price inflation figure.
Thursday Thrust – More Fed Speak To Goose The Markets
Article By:
Phil Davis
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Thursday, November 13, 2014 9:26 AM EDT
Yesterday, at about 1:45, as the market was dipping, Fed President Kocherlakota decided it would be a good time to say it would be a MISTAKE for the Fed to raise rates any time in 2015.
In this article: SPY
Morning Call For Nov. 13, 2014
Article By:
Jim Van Meerten
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Thursday, November 13, 2014 8:39 AM EDT
The ECB Survey of Professional Forecasters cut their Eurozone 2014 GDP estimate to +0.8% from +1.0% in Aug and lowered their 2014 inflation forecast to +0.5% from +0.7% in Aug.
Global Stocks Rise, US Futures At Fresh Record On Latest Reduction Of Growth Forecasts
Article By:
Tyler Durden
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Thursday, November 13, 2014 7:25 AM EDT
Those looking for bad economic news got another boost out of China which reported an across the board miss last night when it announced that October's Fixed Assets Investments and Retail Sales both missed...
(Fiscally) Bleeding Kansas
Article By:
Menzie Chinn
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Thursday, November 13, 2014 3:57 AM EDT
The deterioration in Kansas state finances not only continues unabated — it is seemingly accelerating.
Catch A Falling Star
Article By:
Marvin R Clark
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Thursday, November 13, 2014 2:50 AM EDT
Over the past month, you would be hard pressed to find a sweeter chart than the Dow Jones Transports, which hit another record high close, up 30 at 9091. Those trains just keep on rolling down the track.
In this article: SPX
Why The Rising U.S. Dollar Could Destabilize The Global Financial System
Article By:
Charles Hugh Smith
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Wednesday, November 12, 2014 10:27 PM EDT
I have been suggesting for several years that the U.S. Dollar would confound those anticipating its demise by starting a long secular uptrend.
No Longer “Too Big To Fail”
Article By:
Daily Forex
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Wednesday, November 12, 2014 9:22 PM EDT
For the public, the most distasteful aspect of the Global Financial Crisis was that tax payers around the world had to foot the bill for shoring-up financial institutions that had gambled big and lost.
Make Stock Picking A Breeze With ROIC
Article By:
David Trainer
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Wednesday, November 12, 2014 7:49 PM EDT
Return on Invested Capital “ROIC” is the most dependable indicator to have in your investor toolbox.