Ezra Klein asked (and answered) in the Washington Post today, “Why are the markets down today? No reason.” What would you expect him to say?…
Gary North is basically saying that everyone would blame the Fed for hyperinflation, so they won’t be stupid enough to allow it to happen.
“Ben Bernanke is under fire as no FED chairman ever has been. The critics are in the millions. This is historica…
Today’s report on factory orders is just another example of why all media reported data must be taken with a grain of salt. Here’s how…
In what has to be the most-telegraphed event in financial and economic history, the mouthpiece mainstream media is making it clear that Bernanke is NOT going to announce yet another round of “QuantSleaze” in two hours.
Here is a link to a WSJ blog pos…
WSJ, CNBC, and now Bloomberg, the latter story found here:
http://www.bloomberg.com/news/2011-08-25/bernanke-signaling-no-qe-backed-by-data-
from-prices-to-freight.html
…keep warning the stock bulls and other chandelier-swingers that Uncle Benny th…
“Durable Goods Orders Rise 4%,” blared the headlines this morning. There was just one minor problem with that. It was not true. It represented the…
This article was originally sent as a Wall Street Examiner Email Bulletin, yesterday. The economic news has been better in recent days, that is if…
We all know the mainstream consensus is wrong, but what about the non-mainstream consensus? Maybe it’s equally misguided.
There are a variety of consensus views floating around the Mainstream Media and the blogosphere. The two sets of consensus don’…
The big story of the US economic “recovery” has been rapid industrial growth, at least according to the mainstream media. Unfortunately the story, which hasn’t…
The Mainstream Media has completely failed to make sense of the global financial crisis. By “make sense” I mean a framework of interpretation that properly attributes responsibility to the causes and players and which explains the key dynamics in …