Excerpt from The Secret Goldman Sachs Tapes – Bloomberg View. By Michael Lewis Probably most people would agree that the people paid by the U.S.…
After rising just 6% since 2009, real per capita retail sales excluding gasoline are still 7% below the 2006 level and are slowing.
If there is one thing this election has proven, if there is one thing I have come to know, it is that Americans don’t like…
NY State is seeking to revoke the banking license of UK bank, Standard Chartered, for a long running conspiracy to do business with Iran and…
Harvard conomists are some of the highest paid “professionals” on earth. I guess it’s because they can spew deliberately useless crap like this piece of…
For a 61 year old contributing to the support of a mother with Alzheimers, whose savings have been wiped out earlier than expected by ZIRP…
This is a short excerpt from this week’s Professional Edition Fed Report to be posted Tuesday. The ICI reports mutual fund inflows weekly with a…
Every time one of my articles that recognizes the currently bullish trend in some economic indicator is posted over on Zerohedge, it gets thousands of…
There’s a reason Matt Taibbi tagged Goldman with the moniker “Vampire Squid” and it stuck. 3 cheers for Greg Smith. In going public about his…
