Nobody cares about Russia prospering, this is just a country with a population of 140 million and the only thing they have is oil and gas. The world powers of the future are China, India and Brazil and a couple of countries surrounding them. I smell ...

Vladimir Putin, the Richest Man on Earth

If the large state is Calfornia, 1 on 8 Americans are living in this state, then 323/8 = approximately. 40k. 292k + 40k = 332k + the number of the smaller state. Horrible number.

Jobless Claims Slump as Two U.S. States Upgrade Computer Systems

So how come Manchester United is 370 million pounds in debt and Real Madrid 590 million ? A clear sign they can not pay these kind of wages despite the fans they have across the world.

Gareth Bale transfer: Real Madrid doesn't do austerity

ENVY of the world !!!!

UK service sector continues to grow at substantial pace in August

Here is Krugman: "World War II is the great natural experiment in the effects of large increases in government spending, and as such has always served as an important POSITIVE example for those of us who favor an activist approach to a depressed ...

President Obama said to consider limited strike on Syria without troops according to an...

By raising rates I mean bond prices coming down resulting in higher rates, for example mortgage rates because of the link between the 10 year gov. bond and the 30 year mortgage. The fed funds rate will probably not go up soon because there is ...

JPMorgan Puzzled By Record Gold Backwardation

So do you really think Armageddon is prevented or is it delayed ? All I see is bubbles in EVERY asset class and a messed up society. Every bubble will burst when rates jump which is inevitable and will happen probably very soon. Stocks, bonds, ...

JPMorgan Puzzled By Record Gold Backwardation

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Jobless Claims in U.S. Over Past Month Drop to Lowest Since 2007

The EZ has a current account surplus, the US has a huge current account deficit. The US is heavily involved in QE, the ECB admittedly buys bank debt (with government guarantees), but the size of this kind of "QE" is incomparable with the ...

EUR/USD Easing Toward the 1.3415 pivot with Bullish Breakout

Why ?

EUR/USD Easing Toward the 1.3415 pivot with Bullish Breakout

hahaha Ali Awan rocks !!!! The only reason i visit this site is to read Ali Awan, he is sort of a modern Shakespeare, i 'm a fan.

Greek Unemployment Rate (May) M/M 27.6% vs. Exp. 26.9% (Prev Rev. to 27.0%)

What imo is more important is that average hourly earnings came down. With QE the fed aims for inflation, wages are going in the opposite way so tapering might be far away.

The Employment Situation - July 2013

News was out at 10.25 for the institutions who pay for this service. That's why you see a spike before the news. When you see the news at 10.30 and think this is a sure buy THEY are taking profit and price comes down.

Growth of UK manufacturing production and new orders surges

Why is a rate hike good for equities ?

FOMC Statement

The usual but very effective scaremongering. "Tim Cameron, the head of Sifma’s Asset Management Group, said any city using eminent domain would make borrowing more expensive for everyone in the community and divert profits from the investors who now ...

A City Invokes Seizure Laws to Save Homes

Just take a look at (unfunded) liability per taxpayer(social security, medicare, fed.retirement funds) etc. --> $1,100,000 !. Unfunded liabilities do not show up in the deficit, if they would the deficit would be approximately be 5 trillion. But ...

Obama, Republicans gear up for bruising U.S. budget fight

IMHO tapering is the starting pistol for a long time bear bond market. We had a 30 year bull bond market, rates can't go any lower so they go up, debt is at unsustainable levels. If rates go up all asset classes go down. So stocks and bonds will ...

Bernanke Seen Tapering QE to $65 Billion in September in Survey

Beside that. Government bonds are senior assets, banks give out loans against these (collateral) so falling bond prices will make the banks undercapitalized in a blink of an eye because many of them are already on the brink of collapse. Not to ...

Bernanke Seen Tapering QE to $65 Billion in September in Survey

The government in the Netherlands does not take houses away (at least not yet). But, 1 on 5 houses are underwater, a limit to mortgage interest deduction spread over 2 decades and stricter rules wrt applying for a mortgage(bringing in more money ...

Debt-crippled Dutch wake up to housing crash

Yeah that was a BRUTAL break down for the Euro last month !!!!????

Big Short on Aussie Tells Loomis Time to Buy