I’m going to start by sharing a dirty little secret of the financial planning profession: Most financial planning rules are dumbed down to the point of being unusable. In fact, …
Read More Greece Says Extension is “Absurd” Talks between Greece and eurozone officials were expected to last through the night. Instead Greece Bailout Talks Collapsed in Acrimony after four hours.  A crucial meeting …
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The following chart, courtesy of Citigroup, demonstrating the liquidity cliff i.e., the impact of a liquidity bubble on price and risk, is so mindbogglingly simple, it is no wonder that virtually nobody …
Read More MoneyGram International Inc. (MGI - Analyst Report) reported fourth-quarter 2014 operating earnings per share (EPS) of 13 cents, which lagged the Zacks Consensus Estimate of 19 cents by 31.6%. This brings the trailing …
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by William K. Black, New Economic Perspectives Timothy Geithner’s penchant for speaking about things he does not care enough about to get right has led to him uttering many of the …
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The US dollar is little changed in Europe after a quiet Asian session. Both the US and Canada are on holiday today. The key focus it Eurogroup meeting today. The terms …
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Article of the Week from Fixing the Economists by Philip Pilkington On my post about Austrian and Marxian capital theory a commentator left a fairly predictable ‘Austrian comment’ which denied that they …
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The Greece-Eurozone dispute has received a great deal of attention in the media in recent weeks. It seems however that contradicting statements and polarized views – Â many tainted by various …
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The degree of crisis that we are now moving into is just off the charts. The G20 finance ministers have urged the Federal Reserve to “minimize negative spillovers†from potential …
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Maybe the pervasive “this time is always different†meme has been perpetuated to the point that the market actually believes it, or maybe it’s just old fashioned greed, but whatever …
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