ForbesThe Investment Titan Who Outmaneuvered The Facebook Free Fall and Market …ForbesColeman smartly had his venture capital vehicles scoop up pre-IPO Facebook shares a long time ago and then managed to sell about one-third of his holdings, more tha…
The unemployment rate doesn’t measure the percentage of people of a given age – in this case 15-24 – who want a job and can’t…
…labor’s inability to win the recall is more evidence of their inability to reverse their own structural decline. They’re not winning on worksites, as the…
As developments in the Eurozone veered from bad to awful, with Greece on the brink and Spain getting closer, Switzerland, a speck with 7.9 million people surrounded by turmoil, is bracing itself, according to the President of the Swiss National Bank a…
For anyone who owns a home, the past six years have seemed anything but normal. Nationally, home prices are down some 35 percent in that…
While the media was touting a miss on consensus expectations, and Bloomberg posted an outright lie on Twitter, the actual unadjusted data did show a big improvement over the year ago performance.
Well, we got an inflation target from the Fed. Basically, thinking at the Fed has been eliminated. The process has been automated. Bernanke has convinced the Fed board to adopt Core PCE as a determinate of monetary policy. So long as CPCE stays below 2…
I think being long this market right now is exceptionally risky.
Yesterday, I suggested that the sentiment survey due out today from the American Association of Individual Investors would indicate that sentiment levels were reaching bullish extremes.&n…
Yesterday was about as good a day as one can have in the “market projection” business. Not only did my prediction for a new low below 1231 come to fruition, but the S&P 500 (SPX) even tagged the upper end of my target zone at 1227. …
While watching some Steve Keen interviews, I was struck by something. I have known for a long time that mainstream economists pay no attention what so ever to private sector debt levels. I never really dug into why. But Keen specifically touched on …