And why would you expect anything different, given the lack of serious reform and the careful targeting of the monetary expansion into the hands of the same old TBTF financial …
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Chart comparisons predicting the next major market crash have abounded as of late. Is this a repeat of 1929, 1974 or 1994? The truth is that we are all guessing …
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The Conference Board Leading Economic Index (LEI) for the U.S. improved again in January to 99.5 (2004 = 100, previous month reading = a downwardly revised 99.2). The index growth …
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The importing of Japan’s deflation continues: in January headline consumer prices as well as prices excluding food and energy rose by 0.1%, in line with expectations, and down from a …
Read More Facebook buys WhatsApp? A no revenue gimmick for $16 billion with a B? An excerpt is below:  On Wednesday, Facebook announced it would acquire WhatsApp, a text messaging application with 450 …
Read More In what has become a quarterly tradition, Wal-Mart once again swung and missed, largely as expected – after all it snowed in the quarter. Just kidding. While the WMT bottom …
Read More It is believed there are hackers in far off countries who can figure out how to penetrate the computer systems of our nation’s banks and retailers. If so, how is …
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Residential building permits in January shows the rate of growth continues to moderate. The data was under consensus expectation. The rate of annual growth for building permits in the last …
Read More ‘We’re on Track, We’re on Track …’ – Just Say it Often Enough When Mr. Kuroda was appointed governor of the BoJ, there was great excitement in the markets. A …
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If there was any doubt that it was also snowing in China this winter, the February Flash HSBC PMI, which tumbled from 49.5 where it was expected to print, to …
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