Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
Read More »
Radio Free Wall Street
Posts Tagged ‘ Pundits ’
Tomorrow Is A Big Day – Why Fed Should Not Act
Tomorrow is a big day, with the FOMC announcement and the Fed revealing what it wants you to think about what it thinks it’s going to think it wants you to think. Or something like that. This Fed “tranparency” thing has been covered to death in the mainstream media. I think it’s another utter...
Read More »
Liquidity Is Bullish Is All
Those who don’t know me well have sometimes accused me of being a permabear. Those of you who do know me via these reports know that I always strive to be just like Faux News, “fair and balanced.” I think this week’s report exemplifies that high ideal. It’s as bullish as I’ve ever been,...
Read More »
About Those 8 Million "Lost" Jobs
Time and again you hear pundits say that what the U.S. experienced in the last decade was a terrible boom/bust cycle for the housing and credit markets. But then, almost in the same breath, they oftentimes say the nation must do whatever it can to g...
Read More »
Did the ECB Pull Off a Back-Door Bailout that’ll End the Crisis?
Yields on short-term peripheral sovereign bonds are plunging, despite the fact that EU leaders appeared to make little progress at their highly-anticipated summit last week.
Pundits continue to expound on the flaws of the eurozone but markets are tel...
Read More »
Oligarchy, American Style
Inequality is back in the news, largely thanks to Occupy Wall Street, but with an assist from the Congressional Budget Office. And you know what that means: It’s time to roll out the obfuscators!
Anyone who has tracked this issue over tim...
Read More »
U.S. Underclass to serve U.S. Ruling Class Forever
Slowly, over the last year, it’s begun to dawn on us: The economic recovery isn’t really making a dent in unemployment. ...
Read More »
Could Wall Street Protesters Cause a Run on the Banks?
We hear the cries each day, “the movement is growing”, “this is unstoppable” etc… Some pundits and participants within the OWS movement have even called for the average American to take their money out of big banks and move them to either ...
Read More »
September Federal Budget Shortfall Defecates On America
The real time Federal Income Tax Withholding data began to signal to us in early September that the economy was beginning to snap back from what appeared to be a collapse in August. Subsequent economic data has borne that out. This “recovery” of economic data has provided pundits with the ammo they need to...
Read More »
Commodity Prices Headed for a Huge Drop
Minyanville > Markets
Commodity Prices Headed for a Huge Drop
By Erik Swarts Sep 30, 2011 2:40 pm
We may be at the back end of a historic super cycle in commodities, and the decline will help businesses and consumers while devastating emerging eco...
Read More »
Not Hiring: The Untold Story of Small Business in America
Small business isn't hiring, and the reasons are invisible to those without any real-world small business experience.
Most of the discussions about boosting hiring and employment are detached from the realities faced by actual small-business employ...
Read More »
Bloody September
The following paragraphs are free excerpts from today’s Wall Street Examiner Professional Edition Treasury update. The subscriber link to the complete report is below. As I estimated last week, the Treasury needed more cash than originally scheduled, or originally forecast by the TBAC. It announced a big cash management bill on Monday, and another...
Read More »
Descended From Apes, Acting Like Slime Molds
Aug. 18 (Bloomberg) -- As we lurch from one high-stakes political drama to another, it is natural to wonder why societies aren’t better at avoiding self-inflicted crises. Here in the U.S. earlier this month, the government barely dodged default, e...
Read More »
The No. 1 Way to Profit as the Price of Gold Soars Into Record Territory
On Monday, debt fears on both sides of the Atlantic sent gold above the $1,600 level for the first time ever.
The yellow metal has risen steadily since the start of 2009, when it was trading at a bit less than $900 an ounce.
And gold's...
Read More »
The Unwisdom of Elites
The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe’s single currency is coming apart at the seams. How did it all go so wron...
Read More »
The Plight of the Working Class
Here's the letter from one of Mauldin's readers. Click on the link for Mauldin's response...
".... I would like to get something off my chest. I would like to know why you seem to side with those analysts who keep telling us that the only way we ...
Read More »
Why Small Business Isn’t Hiring and Won’t Be Hiring
The latest from Charles Hugh Smith...
Pundits and politicos promote a magical myth: a coming small business hiring boom. That fantasy is completely disconnected from the harsh realities of private enterprise.
Regardless of their ideological persu...
Read More »
Economic Charts- Factory Orders, the Stock Market and the Fed
Economic pundits and the Wall Street captive media are fond of telling people that the stock market is a discounting mechanism and that it leads the economy. I’m just as fond of showing that the market does neither. Both the market and the economy are mechanisms that respond to changes in macro liquidity. The...
Read More »
Post Governmentus Interruptus, Housing Market Sags- Professional Edition
The Mortgage Bankers’ Ass. is closed this week, hence there was no release of the Mortgage Applications Index, the best real time housing demand indicator. However, this week we do have the lagged data from the worst housing indicator in the world, Case Shiller, as well as the almost-as-stupid Pending Home Sales Index from...
Read More »
Pending Home Sales Cow Patties
Here’s what Bloomberg had to say about this morning’s reported jump in pending home sales (signed sales agreements). Pending sales of U.S. existing houses unexpectedly jumped by a record 10 percent in October, indicating the industry at the center of the last recession is stabilizing as the job market improves. Allow me to phrase...
Read More »
For Members Only Movie: Maria Bartotonyromo
With the excitement of the election coming this Tuesday and the Fed about to destroy the world, CNBS’s set is going to be like feeding time at the ape house this week. Expect a lot of Dicks in a Box shots and screaming pundits yelling out how muc...
Read More »
One of these pundits is clueless. Dr HB versus…
Apparently, we live in a smoke and mirrors society...
Foreclosure Delay Poses Risk
Wall STreet Journal says:
As politicians step up their interventions to slow down the pace of foreclosures amid concerns about widespread document fraud, economists ...
Read More »
Take My Stock Sunday…And This Weeks Stoopid Award
Futures are open so the forex traders can get their fix in for several hours. I predict next week the pundits will be falling all over themselves as the "price target" competition starts again since we are going up. I'm sure there will be several Stoo...
Read More »
"I Hate Pundits"
First, watch out for "Jackson's Hole" today if you are bearish.The assembling of several plutocratic psychopaths in one room in a quiet location is a frightening thought. Just think back a decade ago or two for those who have been around a while. Ain'...
Read More »
After Hours Crapvision Programming…….Idiots
Ok...first ......Crapvision = CNBS=The Devil Channel= Bubblevision= CNBC...With the markets down 15 of the last 21 days, or the TONY DOW, which is 30 fake stocks rigged to make people feel better about losing money slowly, the programming is insane. Al...
Read More »
Fed Doing A Helluva Job- Professional Edition
Seven or eight months ago the Fed was worrying publicly about how it was going to shrink its balance sheet because that’s what the pundits were worried about. So they started a pilot program to do tri party reverse repos with money market funds. I said at the time that the idea was laughable...
Read More »
Show Me the Money Baby! Professional Edition
There’s been more yapping again here on Sunday morning of the certainty of the Fed beginning a new round of quantitative easing (QE II). Many in the market feel it’s a foregone conclusion. I would only say to them that, if so, why is the Fed quietly allowing the balance sheet to shrink? Many...
Read More »
We Got It Right, Wall Street Media Gets It Wrong
A few of us were reminiscing this weekend over on the Stool Pigeons Wire about certain calls on the housing market made by yours truly back in mid decade, the biggest one being that I sold my house in Florida in June of 2005–actually April, with a June closing. Sold it myself in fact,...
Read More »
The Thing About This Decline
by Ags Nightmare Nov. 27 (Stool Pigeons Wire) Thing about this decline is Walfart shoppers are about to trample some security guard to max out the plastic buying DVD players, flat screen TV’s and toasters oblivious to the fact there is a global melt down in process. Tweet
Read More »
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.
Recent Comments