Is there gold at Fort Knox? Why did we refuse to give Germany’s gold back when they asked for it? Are the reserves empty?
Yes, EU has a new proposal for a new White Elephant, named Digital Strategy and costed at EUR415 billion:
Don’t confuse brains with a bull market. -Humphrey B. Neill Spending as much time as I do on social media, namely Twitter and StockTwits, I’ve been absolutely astounded by how many traders have begun to “confuse brains with a bull market.” We joke about it on these platforms but there is an amazing amount of […]
The incredible luxury of having a bedroom to yourself is out of reach for all but the very well-paid. Having an apartment to yourself requires serious money.
On Friday the BLS reported, among other things, that full-time employment in April had dropped by 252,000 from the prior month and that the weekly earnings of production workers had risen by the grand sum of 67 cents (0.1%) before inflation and taxes. But why should still another confirmation that the main street job market is dead in the…
As the first quarter earnings season draws to a close, the results have actually been quite a bit better than expected. The “beat rate,” or the percentage of companies beating
I have been touting a major top in stocks, especially in the Dow and the largest small-cap index, the Russell 2000. With each new bubble, we reach higher highs, and
When it comes to U.S. manufacturing job loss “the trade policy, stupid” looks increasingly like a major contributor.
Bank lending since the financial crisis has been slow to recover, despite the massive intervention in financial markets by The Federal Reserve.
The biggest risk to US economic growth remains the possibility of an extended US dollar rally. The Fed rate hike expectations have been pushed out to December and many doubt that the Fed will hike right before the year end. That’s because the hike will…