Central Banks: When We Succeed, We Fail
Article By:
Charles Hugh Smith
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Monday, November 24, 2014 8:39 AM EDT
Goosing stocks ever higher will eventually push wealth inequality to the point that it unleashes social instability.
Financial Repression Authority With Axel Merk
Podcast By:
Gordon T Long
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Monday, November 24, 2014 7:46 AM EDT
Gordon T. Long and Axel Merk discuss financial repression. (Audio Length: 00:24:42)
A Conversation
Article By:
Jesse Felder
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Monday, November 24, 2014 7:26 AM EDT
Imagine a financial adviser approached you with an investment opportunity without telling you specifically what it was. And right up front he tells you it’s likely to generate a zero to negative return over the coming decade. What would you say?
Germany Surprises, Helps Euro Tick Up
Article By:
Marc Chandler
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Monday, November 24, 2014 7:12 AM EDT
The German flash PMI was disappointing, but the ZEW survey was considerable better. The German IFO followed the ZEW lead, not the PMI. The IFO improved for the first time since April.
The Week Ahead: Forecast For Upcoming Economic Reports
Article By:
Peter Morici
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Monday, November 24, 2014 7:00 AM EDT
This week markets will focus on the revised GDP report, which the consensus shows falling a bit from last month’s flash estimate of 3.5 percent.
Maybe US Isn't Turning Japanese...
Article By:
Alex Filonov
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Monday, November 24, 2014 6:32 AM EDT
Problem in Japan: link between QE and consumer debt doesn't exist. Money from Central Bank is going to banks, which repair their balance sheets, but in no hurry to lend to consumers.
Most Of The World Panics — Is The US Next?
Article By:
John Rubino
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Monday, November 24, 2014 5:01 AM EDT
There’s a decent chance that a year from now we’ll be faced with a world in which debt monetization has failed in three of the four major economies and a strong currency has sucker-punched the last one standing.
Obama’s Amnesty Further Fractures America
Article By:
Peter Morici
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Monday, November 24, 2014 3:12 AM EDT
While many may silently harbor racial bigotry, the adverse economic consequences for whites are real and palpable.
Output Gap Idiocy; Shaky Accounting EU And US Style
Article By:
Mish Shedlock
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Monday, November 24, 2014 12:23 AM EDT
Italy accuses Brussels of "shaky" accounting practices, because, apparently Brussels' practices aren't shaky enough. Huh?
Failure To Deflate: Flat Consumer Prices Only Slightly Help Real Wages, Sales
Article By:
Angry Bear
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Sunday, November 23, 2014 6:16 PM EDT
Changes in the inflation rate are usually all about the price of gasoline. Not in October. Although gas prices fell -6.4% (compared with a decline of -5.0% a year ago), unlike one year ago net consumer price failed to decline, instead remaining flat.
Report: Amazon Plans To Launch Travel Service, Hotel Booking
Article By:
Shelly Palmer
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Sunday, November 23, 2014 3:13 PM EDT
Amazon is poised to launch 'Amazon Travel' - its own travel service, featuring booking at independent hotels and resorts near major cities.
In this article: AMZN
Weighing The Week Ahead: Are Investors Too Complacent?
Article By:
Jeff Miller
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Sunday, November 23, 2014 3:02 PM EDT
The upcoming calendar has plenty of data in a holiday-shortened week. There could be OPEC, or Black Friday news. In spite of this avalanche of information, I expect commentators to look for an organizing principle.
Employee Quits Are Up: Is It Time To Raise Wages?
Article By:
Bill Conerly
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Sunday, November 23, 2014 1:06 PM EDT
The number of employees quitting their jobs is the highest it has been since early 2008. The number of vacant jobs is the highest it has been since 2001. Is it time to increase wage rates?
Fear Of "Surge In Debt Defaults, Business Failures And Job Losses" Means Many More Chinese Rate Cuts
Article By:
Tyler Durden
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Sunday, November 23, 2014 11:41 AM EDT
If admitting you have a problem is the first step toward recovery, then China is making progress. The question is progress to what, because the generic answer, "another debt-fueled boom" is no longer applicable.
The Fed Concerned About "Importing" Disinflation
Article By:
Sober Look
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Sunday, November 23, 2014 6:13 AM EDT
The latest Reuters poll is showing 24 out of 43 economists projecting the first rate hike in the U.S. by June of next year, but the international situation has made the Fed's policy planning much more complex.