Sep 21

ECB Executive Board Urges Germany to Borrow and

In a foolish as well as never-ending attempt to prevent price deflation and revive growth, the ECB Urges Berlin to…

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Sep 20

French Farmers Upset Over Falling Prices, Torch Tax

As a direct result of sanctions on Russia, there is an overabundance of fruits and vegetables in France, Spain, Poland,…

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Sep 18

ECB’s Targeted Lending Spree Starts Out As Flop;

Following on the "success" of the ECB's LTRO (Long Term Refinance Operation) which did nothing to spur lending and everything…

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Sep 17

Venture Capital Risk Taking and Cash Burn Rates

Venture capital risktaking and burn rates on cash are at levels that exceed the technology bubble in 1999. Companies that…

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Sep 16

Counting Sheep: French Government Faces Second No Confidence

Second No Confidence Vote in Six Months In spite of the fact the Socialist party holds a majority of just 1…

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Sep 15

47% of Chinese Billionaires Want to Leave China

A Barclays' survey of over 2,000 individuals with a net worth over $1.5 billion contains some pretty interesting results. Those in…

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Sep 14

Stiglitz vs. Krugman on Scotland; Polls Diverge; New

New Fearmongering Tactics In the waning moments UK prime Minister David Cameron warns Scots "Leave and You Go Forever". Actually, the warning…

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Sep 13

China Industrial Growth Slows, Power Generation Negative 1st

Cries for more stimulus ring loudly in China because Chinese industrial output slowed to 6.9%. That is a number that…

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Sep 12

RBS, 4 Other Banks Warn of Relocation to

Tale of Two Countries Fearmongering in Scotland hits fever pitch as RBS and four other banks threaten to leave the country…

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Sep 11

53% of Chinese Expect War With Japan

Even with battles over energy, disputed islands, and recent militarism by Japan, one might not have expected this polling result:…

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Sep 9

US Obesity Rates Exceed 20% in Every State;

Obesity rates in the US are soaring along with healthcare costs: A New Study Shows US Adult Obesity Rates Exceed…

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Sep 8

Should Banks Lend Money At All?

Banks are in the business of making loans. Is that the right model? Before answering, please consider the model of Lending…

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Sep 7

Under Pressure From Democrats, Obama Delays Immigration Action

In June, President Obama promised executive action on immigration. He lied. With polls showing a mere 26% Approval Rating for Obama's Immigration…

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Sep 6

China Banking Crisis “Almost” Certain Says Senior International

The Sydney Morning Herald warns about a 'clear and present danger': Australia to be Hit as Chinese Economy Unravels Speaking at…

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Sep 5

Nonfarm Payrolls 142,000; Unemployment 6.1%; Employed +16K; Labor

Initial Reaction The payroll survey shows a net gain of 162,000 jobs vs. an expectation of 230,000 jobs. This broke…

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Sep 4

Argentina to Circumvent US Supreme Court Bond Ruling

It's increasingly likely that Argentina will come up with a way to get around a US supreme court ruling on…

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Sep 3

Gallup Survey: 38% Think Economy Getting Better, 56%

In spite of a manufacturing ISM in positive territory for 15 consecutive months, a Gallup Survey shows Economic Confidence at…

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Sep 2

US Manufacturing ISM Expansion Continues for 15 Consecutive

US manufacturing continued its expansion for the 15th consecutive month. It has been in expansion since May of 2013 when…

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Sep 1

Eurozone Manufacturing PMI at 13-Month Low, with Germany

The Markit Eurozone Manufacturing final data shows Eurozone Manufacturing PMI at 13-month low in August. The rate of expansion in eurozone…

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