Fake Chinese bank magnate detained for fraud (via AFP) A man who was given a key political role in east China after claiming he bought…
New York TimesThe Hunch, the Pounce and the KillNew York TimesJamie Dimon, the chairman and chief executive of JPMorgan and a face of the banking establishment, is struggling to contain the damage from what he has called a “terrible, egregious mistak…
The markets stumbled through this week in spite of having plenty of POMO and $16 billion in Treasury bill paydowns on Thursday to stoke the…
The massive U.S. debt problem that we have been discussing so often for many years has now become widely known both to investors and the general public. It has been a major topic of discussion in the media as well as a key issue in last November’s …
Last November, the University of Michigan and Reuters stopped allowing third parties to update their Michigan Sentiment Index Charts. Maybe that’s because they didn’t want…
As of last November, the University of Michecon and Rhoiders stopped allowing third parties to update their Michegoss Sentiment Index Charts. Maybe that’s because they didn’t…
The Wall Street media was in a frenzy over the “better than expected” news on retailing from the Commerce Department on Friday. It’s all a…
Critics of the Fed have expressed concern about the inflationary implications of the huge expansion of the Fed’s balance sheet, particularly excess reserves. The reserve…
