The performance of anyone doing anything will exhibit regression to the mean. If you do well at something, it’s because of some combination of skill…
Commentators are wringing their hands again, worried the troubles in Spain could cause the whole euro project to collapse. As a result, all eyes are now on Spanish 10-year debt yields, which went above 6% last week as the threat of euro-chaos returned. But it’s not Spain the markets should be worried about.
Michael Shermer.
Wrong Again: Why Experts’ Predictions Fail, Especially About the Future
Posted: 1/5/12 12:03 AM ET
With the first week of 2012 upon us it is time to reflect on that favorite pastime of soothsayers and scientists alike: predicting the…
Oil Prices Confirming ECRI Recession Call
by: Lance Roberts November 9, 2011
As goes oil, so goes the economy. Today we posted an update as to why oil price spikes hurt even more when disposable incomes are already under pressure, as it acts as an a…
In MF Global’s full bankruptcy filing CNBC is listed as the 7th biggest unsecured creditor with $845,397 outstanding. I wonder what kind of advertising is represented in the amount. Don’t watch the program enough to know if MF Globals ads run very freq…
This is just bad news for the conomy, the weakness being simply profound. Stock indices careening into a huge hole. Bonds prices through the roof! Lower rates mean absolutely nothing for mortgage owners that are underwater on their loan. Epic misery! F…
A confession: I’m too excited, nervous, and agitated to start this post cleverly, so let’s just get to the conomic heart of things. As anyone with a financial pulse knows, yesterday specifically and this week generally marks, well, the beginning of…
No I’m afraid some commentators are all lost in a big forest in the dark…
There is nothing at all that can or will stop the continued rise in the price of gold from here. There are a lot of confused minds around the place thinking about what might h…
To understand why the euro is failing and the Swiss Franc peg is a sand castle that will dissolve in a rising tide, we must start with a historical context and the crisis of global Capitalism.
The recent 40th anniversary of President Nixon withdraw…
There are myriad cross currents making this months NFP seem especially important. The commodity collapse, soft GDP, Japanese nuclear situation, OBL.
For the most part, these are not very significant to the broader sub-par employment trend. We shou…