Contributors- Economic and Financial

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Consent of the Governed: Stop the Emerging TPP Tyranny!

Consent of the Governed: Stop the Emerging Tyranny!

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments … Continue reading

Consent of the Governed: Stop the Emerging Tyranny!

Delivered By Amazon In Less Than An Hour—–More Mania!


Well, maybe Amazon is the greatest thing since sliced bread, but that doesn’t explain how it gained $25 billion of market cap overnight after reporting another losing quarter. Give all the credit you want to its web services business——a newly disclosed but decade old operation with scads of competent competitors and which sports a modest $6 billion run rate…

Stocks Vertical, Economy Flat, Outlook Fraught

CAT March total_0

Just before noon stocks went vertical, but why not. The HFT machines were cranking for all time highs and, in fact, hit the ultimate jackpot. Namely, they pushed the NASDAQ above the vertiginous height (5132) it achieved back in March 2000 at the peak of the dotcom frenzy: By contrast, a few hours earlier Caterpillar—-a true bell…