Yeah, it's all fun and games and idiot theories until governments max out their credit limit.

Ignored for Years, a Radical Economic Theory Is Gaining Converts

The ECB drank the Obama kool-aid.

Webcast of the ECB press conference 10 March 2016

Yeah, a billionaire 'sticking it to the man' with big-brother-vapor-currency. Branson only appears to be a space cadet. He isn't. He charged all these nouveau hippies $50k each to gather together and spew forth their global banking vaporware ...

My Wet and Wild Bitcoin Weekend On Richard Branson's Island Refuge

All the big-government leeches are running out of magic beans.

The IMF Is Sounding the Alarm. Is Anyone Listening?

I just look at the payroll sum number: 143,516,000. The peek in 2008 was 138,050,000. So...

Why Aren't More Americans Working?

Correlation between ISM NMI employment and BLS Non-Farm-Payrolls since the Dec 2013 report is -1%. There is a 48% correlation between ADP Services and BLS Non-Farm-Payrolls. There are better predictors.

Consolidation ahead of Payrolls but still backing continued downside on USD/CAD

ooopa!

EU and IMF at odds over Greece - MNI

"Brexit, (45%) and an economic hard landing in China (30%). " The Brexit has serious contagion worries if the EU completely unravels. I doubt Germany would allow that. It would cost them too much. The Germans will weather the storm while holding all ...

These economic 'black swans' could rock global markets

There was a big increase in average hourly wages of .12 so I expected a larger increase in spending and income. I suspect the spending and income numbers will be revised up later. People are still cautious with their spending.

U.S. Consumer Spending Rose in January by Most in Eight Months

Hurst, the market isn't mindless cows. People use logic. We often see a downturn when people withdraw from markets to evaluate a new risk such as a major correction in China or a Brexit. But they almost always return to fundamentals and future ...

Why Tom DeMark is predicting an ugly March for the S&P 500

Exactly what is the ECB or Fed action in March that has you concerned? The Fed is going to sit on their hands and Dragi is going to say the ECB stands ready to do something but isn't going to do anything.

Why Tom DeMark is predicting an ugly March for the S&P 500

Europeans have always been overly concerned with their flash CPI. But they have a lot more to worry about than we do in the USA. DAX is like a cat in a room full of rocking chairs and it already started it's fall at 9:30 ET. I expected that. That ...

Why Tom DeMark is predicting an ugly March for the S&P 500

Yeah, so much for the doom and gloom recession mongers.

Fed's Mester: March FOMC should be live

A Brexit in June might force a market fall that large ... but I doubt it. The USA has excellent earnings projections in Q2 thru Q4 of 2016. There is nothing happening in March that would drop SPX to 1786. Wake up Tom DeMark, you were having a ...

Why Tom DeMark is predicting an ugly March for the S&P 500

"The correlation between oil and risk appetite is still alive and well and a key factor for traders." That's gibberish. You can't quantify risk appetite. So you can't do correlation analysis on it. That said, it is true that there is a lot of ...

Correlation with oil continues to drive risk appetite

Big boys have to sell their cash stash of Treasuries first before they can buy stocks. So they need market depth in Treasuries to do so. You can't jump into any market with large volume without paying some attention to market depth. Now the ...

JPMorgan Has New Theory About What Really Caused the Flash Rally

Voice, fingerprint, iris, and face recognition, would be a tough nut to crack. Add to that unique identifiers such as an encrypted password and encrypted phone serial number and I think we'd be all set. That is, until we lose our phone or can't pay ...

Banks want your voice to be your new password

It isn't just CNBC, Bloomberg was muttering the R word earlier today. BTW Dubravko Lakos-Bujas did NOT say a "recession sign is in play". He steered away from the recession monocle and only postulated a bear market correction. And no, I won't show ...

Recession sign is in play and has 81% accuracy

USA: There have not been two consecutive negative GDP quarters since 2009. We are not now and have not been in a recession since 2009. The present GDP quarter is NOT negative. Earnings analysis is in the eye of the beholder: GAAP, non GAAP, market ...

Recession sign is in play and has 81% accuracy

Valeant Pharmaceuticals is an ugly story and Bill Ackman's hands are all over it.

Remember Bill Ackman’s 40% Hedge Fund Gain in 2014? It’s All Gone.