A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Posts Tagged ‘ Contrary ’
Employers could save billions by dropping workers from health plans, report shows | Fox News
A new survey of Fortune 100 companies finds that the health care overhaul, contrary to the claims of its authors, created some perverse incentives for employers to drop workers from company insurance plans. Republicans on the House Ways and Means Committee surveyed the top 100 companies about how much they spent on health care...
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Jim Rogers: "The Fed is Lying to Us"
Despite statements to the contrary, the U.S. Federal Reserve has continued to pump money into the economy, says investing legend Jim Rogers.
The resulting low interest rates and creeping inflation, he says, are destroying the wealth of millions.
" Bernanke said last August he was keeping...
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Retail Sales No Reason for Market Party
Today’s retail sales report was far from a reason for the market to party. The media are reporting that on a seasonally adjusted basis, nominal retail sales fell less than expected. An analysis of real retail sales suggests that the underlying trend is weakening, and that contrary to the market’s reaction today, the outlook...
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The Incredible Absence of Fear in the Markets
Does Dow 12000+ Feel Like the Days of Dow 14000+?
If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks. - John (Jack) Bogle
Isn't the above quote exactly the current problem? Majority of participants can't even...
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China’s Real Estate Bubble Economy in Big Trouble
Jim Chanos, founder of hedge fund Kynikos Associates, is arguably the most well-known short-seller in the world, having predicted the high-profile demise of companies like Enron. Now, Chanos is setting his sights on China, the world's second largest...
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Were the Bush Tax Cuts Good for Growth?
November 18, 2010, 8:45 am
Were the Bush Tax Cuts Good for Growth?
By DAVID LEONHARDT
Liz Peek at FoxNews.com congratulates me for writing about the importance of economic growth. So in the spirit of maximizing growth, I want to pose a question: Why ...
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Tax cuts: Small biz fact check
Tax cuts: Small biz fact check
NEW YORK (CNNMoney.com) -- Republicans say raising taxes on the wealthy would cause small businesses to pull back on hiring. Many leading Democrats say that's nonsense. Who's right?
The answer isn't black and white, de...
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More Little Lies and Big Spin- Gains or Blips?
The FIM (Financial Infomercial Media) has gifted us with more nonsense today in the form of Pending Homes Sales data from the NAR (Realtors) and the Purchasing Managers Manufacturing Index from the ISM (Purchasing Managers). Bloomberg was positively ecstatic about the housing data, proclaiming “The number of contracts to buy previously owned homes rose...
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Obie Drinks the Kool Aid, What Would Shakespeare Say?
I like Obie, but he has drunk the Kool Aid. We are doomed. He’s listening to the advice of those very same world renowned egonomists who never saw the current mess coming. How could those who never saw it coming in the first place, and didn’t recognize it after it had already begun have...
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Some Speculative Charts for Weekend Discussion
The regular Weekend Update will be posted before the open. Important note for the general public: These charts are for speculation and discussion, they are not preferred counts. In other words, they are possibilities/potentials which ...
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