This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. By William K. Black Real Time Tax…
NAR data for May confirms earlier data from CoreLogic, Dataquick, and Department of Numbers.com that housing prices continued to make new 12 month highs in…
During the housing boom, developers—the companies that pave roads and sidewalks, dig ditches for sewage pipes and power lines and bring in bulldozers to clear…
Once again the mainstream media boohooed over a false and misleading seasonally falsified industrial production number, bemoaning that the SA number was down 0.4% month to month in May. They are playing into the Wall Street mob’s desire for manna from Ben next week. It’s totally bogus, supported only by false and misleading SA data, not the real activity.
via Reuters TV | Breakingviews: Dimon in center ring.
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…
MarketWatchJP Morgan LostTown HallI recently read the headlines in the local newspaper about the JP Morgan debacle: “Few grasp JP Morgan's strategies.” I've also been listening intently to the mainstream media as they continue to rationaliz…
Wall Street Journal (blog)Accounting For The JP Morgan Whale TradesForbesAm I shocked that no mainstream media outlet has yet sought to explain in accounting terms the stunning announcement made by Jamie Dimon a week ago last Thursday of a $2 billion l…
While the mainstream media was reporting that jobless claims were steady last week, the real picture was more nuanced. The media reports only the seasonally…
The shape of recent economic data trends reminds me of a story. It’s a story that shows just how the Fed’s manipulation drives both the…
