A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
Read More »
Contributors- Economic and Financial
Contributing websites
Rumors and Denials of Rumors
The market rallied higher once again on more rumors (some kind of unworkable bank deposit scheme: what Europe’s loan-deposit ratios look like), and denials of yesterday’s rumors (L-Pap now says Greece to say in EU, blah, blah). The second chart shows what’s involved with PIIGS banking deposits. Using hook theory, trading rumors is the modus...
Read More »
William K. Black- Video: JPMorgan’s “Wild, Crazy Insane Gamble” Puts Global Economy at Risk
Watch Video.
Read More »
William Black on JP Morgan and the Failure to Regulate Wall Street Fraud- Video
William Black on JP Morgan and the Failure to Regulate Wall Street Fraud- Video
Read More »
Why Progressive Austerians do the Greatest Damage
To many people, it seems paradoxical that conservatives target not the worst social programs, but the best. There is no paradox. Bad government programs are desirable from the right’s perspective – they discredit government intervention. Good … Continue reading →
Why Progressive Austerians do the Greatest Damage
Read More »
Why is Apple Inc. (Nasdaq: AAPL) Stock Falling?- Money Morning
Apple Inc. (Nasdaq: AAPL) investors have cringed as the stock slipped about 16% from its peak over the last two months.
But given the absence of any catastrophic bad news, why is AAPL stock tumbling? And where will it stop?
It's important to note off...
Read More »
Election 2012: Forget Bailouts, We Need a Shakeout
The markets rallied Monday on news that global leaders favor additional stimulus. The hope is that additional spending will induce growth and put the world back on track.
Don't hold your breath.
Big government robs the economy of wealth, strips it of initiative and further undermines our recovery.
JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives – William Black
JPMorgan’s flacks and apologists have, unintentionally, exposed the fact that their cover story – hedging gone bad – is false. JPMorgan runs the world’s largest gambling operation in financial derivatives. The New York Times reported the … Continue reading →
JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives
Read More »
What is Wealth -Charles Hugh Smith
We all think we know what wealth is, but sometimes the "obvious" misses the mark.
Asking "what is wealth?" seems needless because we all know what wealth is: never having to work again, endless leisure, endless consumption of the "good th...
Read More »
Facebook Stock Price: Time to Play the Blame Game
Tags: Facebook Inc Nasdaq: FB, Facebook IPO, facebook stock, Facebook stock price, FB Stock Price, Nasdaq: FB
Read More »
The Five Biggest Roadblocks to America’s Energy Future
Marina and I got to come home to Pittsburgh for a few days. But by the time you read this, we'll be in the Bahamas.
Upon returning from our stay in Germany, some developments in the U.S. struck me.
President...
Read More »
Three Critical Industries Now in Serious Capital Destruction Mode
In the whodathunk department, Reuters is reporting that Chinese buyers are defaulting on deliveries of iron ore and coal shipments. As I have been reporting for months, ships have been mothballed, triggering another round of under-reportedbanking losses. Also reported from China is a 15% drop YoY in property sales, and more importantly it saw a 19% drop...
Read More »
The Age of Information
Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and "The Coming Collapse of the Municipal Bond Market" (Aucontrarian.com, 2009...
Read More »
Warren Buffett Stocks: Where the Oracle of Omaha Puts his Money
Berkshire Hathaway (NYSE: BRK.A, BRK.B) has been on a buying spree, adding a plethora of positions to its storied portfolio of "Warren Buffett stocks."
Last Wednesday the conglomerate released its stock holdings. Mutual funds and retail investors closely watch the picks to dissect the...
Read More »
Feedback, Unintended Consequences and Global Markets- Charles Hugh Smith
We cannot know that unintended consequences will always be destructive. Neither models nor projections have accurate track records in predicting the future.
It seems an appropriate time to re-examine why our ability to predict the future of co...
Read More »
Today Germany is the Big Loser, Not Greece
Today Germany is the Big Loser, Not Greece
By Marshall Auerback Given the German electorate’s long standing aversion to “fiscal profligacy” and soft currency economics (said to lead inexorably to Weimar style hyperinflation), one wonders why on earth Germany actually acceded to a “big and broad” European Monetary … Continue reading →
Tanker Weekly – May 21, 2012
Baltic Dirty Tanker Index rose 0.7%; Baltic Clean Tanker Index rose 0.3%.
Read More »
Dry Bulk Weekly – May 21, 2012
Baltic dry index rose 0.3% last week; Capesize Index was up 1.2%; Panamax Index fell 3.6%; Supramax Index was down 0.4%; Handysize Index rose 3.7%.
Iron ore inventory at Chinese ports mostly flat, price moved lower on risk-off. Steel stockpiles fell f...
Read More »
Ex-ECB Head Proposes Giving Greece the Benton Harbor, Michigan Treatment
Michigan Governor Rick Snyder secured passage of “Public Act 4, the Local Government and School District Fiscal Accountability Act. The Act allows the Governor to appoint emergency managers (EMs) for any government in Michigan. The EM has unlimited dictatorial powers.
Read More »
Trust in America – Not : Bruce Krasting
I wish I could have been a fly on the wall at the G8 summit at Camp David this weekend. The final communiqué from the global big shots talks about keeping Greece in the Euro and a shift away from austerity and a move towards growth oriented policies....
Read More »
Geithner to Dimon: Resign From The Board Of the New York Fed – Simon Johnson- The Baseline Scenario
By Simon Johnson In an interview Thursday on PBS NewsHour, Jeffrey Brown and Treasury Secretary Tim Geithner had the following exchange: “JEFFREY BROWN: Do you think Jamie Dimon should be off the board ? TIMOTHY … Continue reading →
Read More »
The Need For An Independent Investigation Into JP Morgan Chase- Simon Johnson- The Baseline Scenario
By Simon Johnson JPMorgan Chase is too big to fail. As the largest bank-holding company in the United States, with assets approaching $2.5 trillion as reported under standard American accounting principles, it is inconceivable that JPMorgan Chase would be allowed … Continue reading →
Read More »
JPMorgan (NYSE: JPM) Losses Keep Unraveling
JPMorgan Chase (NYSE: JPM) beleaguered CEO Jamie Dimon will not be happy when he reads through Friday's papers.
The Financial Times reported that more than a dozen senior traders and credit experts know that JPMorgan is in a lot more trouble than...
Read More »
Eurozone Descends into a Farce as "Grexit" Looms Large
The elections on May 6 only made the Eurozone's problems even worse. The French and the Greeks have rejected sensible policies in favor of self-delusion.
Those elections, and the failure of Greece to form a government, have actually moved the Eurozone crisis one step further - from potential...
Read More »
Heavy Betting in the Middle of Mayhem
There's going to be a lot of very heavy betting over the next few days, weeks, and months on what's going up, what's going down, and what's going around:
- How far will Facebook IPO price go?
- How far DOWN from here will JPMorgan go, with the FBI and DOJ now sniffing around?
- How...
Read More »
On FX and Worst Fears
Two market developments are worthy of note today (so far). Gold is up 2.5% (off a very cheap low) and USDYEN and EURYEN have made very significant 1.3% moves down.
Stuff like this scares me. It looks like acceleration in the flight to quality. The ne...
Read More »
Oil Prices and the Death of Greece
As the Eurozone continues to show weakness, events last weekend in Athens may accelerate the situation. The downward movement in oil prices this week in both London and on the NYMEX testified to the rising concern.
The aftermath of the Greek elections propelled the new radical left...
Read More »
If I Owned Yahoo (Nasdaq: YHOO) Stock, I’d Be Pissed
It's no wonder Yahoo! Inc. (Nasdaq: YHOO) investors are pissed. I would be too if I owned Yahoo - but I don't.
Why not?
Maybe it's the four CEOs in five years, the botched sale to Microsoft in 2008, or a Chief Executive Officer...
Read More »
The Facebook IPO Facts: The Good, The Bad and The Ugly
Face it, you want it. It seems that everyone wants a piece of the Facebook IPO.
But, can you handle the truth? Will the hyped sensationalism be a boon or a boondoggle?
I'm not going to tell you what to do, whether you should buy Facebook sooner...
Read More »
Radio Free Wall Street
Most Recent Economic Charts
Wall Street Examiner Exclusives
-
Rumors and Denials of Rumors
-
Winter Covers Shorts; Maladjusted US Economy Seems Good Because of European Capital Influx- Free Podcast
-
Three Critical Industries Now in Serious Capital Destruction Mode
-
The Deeper Meaning of the Facebook Flop
-
Weakening Federal Withholding Tax Collections Do Note Bode Well For Employment
Wall Street Examiner Contributors
Lee Adler
Newswires
Aaron Krowne
AG's Nightmare
Belisarius
Bruce Krasting
Charles Hugh Smith
Consumer Metrics Institute, Inc.
David Zeiler
Diane Alter
Dr. Kent Moors
Dude
Economic Perspectives from Kansas City
Frederick J. Sheehan
Frederick Sheehan
Jaime Levine
Keith Fitz-Gerald
Mark McHugh
Martin Hutchinson
NY Fed | Permanent Open Market Operations
Pretzel Logic
Russ Winter
Shah Gilani
Steve Northwood
The Implode-o-Meter Blog
Treasury Auction Results
Treasury Offering Announcements
William Patalon III
RSS Feed
Copyright © 2012 The Wall Street Examiner. All Rights Reserved.
Magazine Premium created by Themes by bavotasan.com.
Magazine Premium created by Themes by bavotasan.com.
Dancing Shoes – James Howard Kunstler
So many shoes are dropping out there that reality is starting to look and sound like the tap-line in a Busby Berkeley production number. The meme-scape, too, is humming with viral transmissions of dire doings. Is JP Morgan unwinding like a 1911 knitted woolen Yale varsity sweater? Did it booby-trap the credit default swap...
Read More »