I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
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Radio Free Wall Street
Posts Tagged ‘ Press Release ’
How will MSM spin a failed Black Friday?
Obviously, Black Friday will be a failure.
Disposable household income is down. House values are down. Stock values are down. Net worth, at least by any honest measurement is down. Savings return no income, and have no prospect of doing so. Governmen...
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We’ve just had the Biggest Municipal Bankruptcy in US History
BIRMINGHAM, Alabama (Reuters) - Alabama's Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in U.S. history.
Commissioners for the county, which is home to Birmingham, the state's biggest city ...
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Producer Price Index: More Evidence of Inflation
May 12, 2011
Today's release of the Producer Price Index (PPI) for April again reinforces the pattern of higher inflation. The year-over-year unadjusted producer price increase was the largest since September 2008:
The Producer Price Index for f...
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Has the NAR No Shame?
The National Association of Liars reported existing home sales for December today. They said that existing home sales "increased 2.7 percent to a seasonally adjusted annual rate of 5.36 million in January from a downwardly revised 5.22 million in Dec...
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Loan Standards Drop To Keep The Bubble Afloat
You've seen the stories about how, in Australia, mobile homes made from converted shipping crates are selling for - wait for it! - as much as $1 million. Well, seems like the Australian bankers are doing everything they can to prevent the inevitable i...
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Dow ‘Super Boom’ to Drive Average to 38,820 by 2025, Hirsch Says
There are bulls....and then there are BULLS! Check this out...
Sept. 27 (Bloomberg) -- The Dow Jones Industrial Average will surge to 38,820 in an eight-year “super boom” beginning in 2017, according to Jeffrey A. Hirsch, editor in chief of the...
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Robo-Trading and Bingo-Playing
Today the financial press, CNBC, and et al decided it was time to start reporting the latest news about a sputtering economy. Apparently someone in the higher echelon in Pig Men circles decided to send down a fresh, and I might add, negative press release that was duly read by their minions. This...
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IMF Gold sales to decentralize Central Banking?
The IMF has decided to sell 403 tons of Gold to "finance a new income model for the fund."Interestingly, the IMF , according to their press release, would be prepared to sell gold directly to central banks or other official sector holders if they expressed interest.Judging by recent reports from Russia, China and Hong...
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Dancing the Con Con
Over the years I have frequently pointed out what a stupid indicator the Conference Board’s Consumer Confidence indicator is, at least when it comes to the stock market. It’s like a dog chasing its tail. The Con Con, you see, follows the market. Then, each and every month for a half hour or so...
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