Latest Articles: Business/Finance
Get Ready for “Unencumbered” Interest Rate Policy
Post Date: 2016-09-08 20:37:02 by BTP Holdings
1 Comments
A promise is a comfort for a fool. ~Proverb Janet Yellen’s recent speech at Jackson Hole, Wyoming, was eagerly awaited, and a complete non-event. The headlines were dominated by breathless accounts of Janet Yellen’s speech at a Federal Reserve conference in Jackson Hole. The robot scanners read the speech first; it took a while for humans like me to catch-up. But I’ve since had the chance to digest it. What was striking about the speech was how ordinary it was. As I predicted she would, she threw a bone to the hawks (“the case for an increase in the federal funds rate has strengthened”) and then threw another bone to the doves (“as ever, the economic outlook ...
Anarchy From Above
Post Date: 2016-09-08 20:24:52 by BTP Holdings
5 Comments
G.K. Chesterton once warned about “anarchy from above”... Think of anarchy and its mobs and Molotov cocktails. But as Chesterton wrote, “it isn’t necessary that anarchy should be violent; nor is it necessary that it should come from below.” And the golden nugget: “A government may grow anarchic as much as a people.” Desperation is the natural breeding ground of anarchy. And governments are sweating lead over the fading global economy. Their central banks have already shelled it with $60 trillion worth of debt since 2009. Only under such a furious barrage of debt can the economy possibly recover, the theory being. And now the world’s debt load, ...
13 markets where you're most likely to see vacant, 'zombie' homes
Post Date: 2016-09-08 07:18:08 by Ada
6 Comments
The housing market, despite new problems cropping up, has pulled itself out of the depths of its crisis from 2007 to 2009. Foreclosure rates have fallen back to their pre-crisis averages and vacancy rates have declined as well. This, however, is a bird's eye view of the whole situation. Housing is a local issue, and different cities have weathered the storm of the crisis differently. One of the indelible marks of the crisis was the empty, foreclosed homes. While foreclosures take a long time and can leave people living in a foreclosed home, the boarded-up, foreclosed home was an unforgettable mark from the crisis. ATTOM Data Solutions, formerly known as RealtyTrac, calls these ...
It Won’t Be Long Now—-The End Game Of Central Banking Is Nigh
Post Date: 2016-09-08 06:57:09 by Ada
4 Comments
My new book will be published next Tuesday. Preorders for the e-Book version will be available in this space beginning later this week.As I previously indicated, the book is an exploration of how 30 years of Bubble Finance policies at the Fed, feckless interventions abroad and mushrooming Big government and debt at home have brought America to its current ruinous condition.In this context, it delves into the good and bad of the Trump campaign and platform, while, to use a spoiler alert, praising it with faint damn!As Contra Corner readers recognize the only consistent way forward for America at this late stage of the game is a return to free markets, fiscal rectitude, sound money, ...
New Class War What AmericaÂ’s ruling elite fears about the 2016 election
Post Date: 2016-09-08 06:32:42 by Ada
0 Comments
Shock gave way to relief this summer as America’s political establishment—rattled by Donald Trump’s success in winning the Republican nomination—reassured itself of his inevitable defeat come November. For a moment Trump seemed to have created a new style of politics, one that threatened to mobilize working-class voters against the establishment in both parties. But in the weeks following the Democratic National Convention, as Hillary Clinton’s poll numbers remained comfortably ahead of Trump’s, pundits discounted the risk of class war. Trump’s voters were not really so hard hit anyway, a report by Gallup claimed. “His supporters are less educated ...
No More Money
Post Date: 2016-09-07 19:36:43 by BTP Holdings
1 Comments
No More Money Boris Schlossberg | Wednesday, September 7, 2016 at 4:30 pm I hate cash. I hate coins, bills, writing checks — all of it. I even hate using my debit card with its tedious chip insert, PIN input, etc. If it were up to me, I would pay everyone by Facebook, which now allows you to transfer money seamlessly and instantly from your account to anyone you can message — all for free. To me, no cash means freedom. I can transact anytime, anywhere and have all those digital records nicely summed up for me at the day’s end. But then again, I am a child of the Internet. And the notion of privacy has long been abandoned by me and most of my cohorts. I am very ...
Zinc prices — One of the best performers in 2016, up more than 50% from 2015 lows
Post Date: 2016-09-06 18:30:23 by BTP Holdings
0 Comments
Zinc prices — One of the best performers in 2016, up more than 50% from 2015 lows Posted on September 6, 2016 by Christopher Ecclestone 8,12 oz gold Nuggets Note from the Publisher: This morning Hallgarten & Company initiated coverage on Nevada Zinc Corporation (TSXV: NZN) with a Long Strategy position and a 12-month target price of CAD$1.12. To access this report titled Nevada Zinc – Riding the Wave of a Resurgent Base Metal, click here InvestorIntel, written by Christopher Ecclestone: The Great Zinc Drought might be said to be broken, but those calling the end of this protracted dry spell going back to 2006 have been proven foolish before. However, this time around the ...
City birds produce fewer, smaller chicks
Post Date: 2016-09-06 05:37:55 by Tatarewicz
1 Comments
Previous research has shown city birds are more clever and aggressive than their rural peers. MUNICH, Germany, Sept. 2 (UPI) -- A new study suggests life in the city diminishes the fertility of birds. A team of researchers from the Ludwig Maximilian University and the Max Planck Institute of Ornithology found birds living in urban settings produce fewer and smaller offspring than birds in rural settings. Scientists frequented 600 nest boxes of the great tit, Parus major, in the forest of Germany, as well as 156 nesting sites within the confines of Munich. Birds living in the Bavarian capital began laying eggs earlier than their rural peers. They also laid fewer eggs, and their birds ...
401k Savers Caught In Confiscation Triangle
Post Date: 2016-09-05 19:25:37 by BTP Holdings
1 Comments
401k Savers Caught In Confiscation Triangle When this first appeared in our research we couldn’t believe what we were seeing. This analysis was conceived when we asked the question…What did people do with their money before IRA and 401k plans existed?” We believe it’s where Americans were lured off track of how to save and protect their money from banks, Wall Street and the Government. In looking at the failure of our retirement system, and the 10,000 baby boomers a day entering retirement and only half have enough money to last until they die, we asked the question where did we go wrong. How The Triangle Works Here is what we see…Take a look at the triangle ...
Oil spikes on Saudi, Russia joint statement
Post Date: 2016-09-05 08:56:14 by Tatarewicz
0 Comments
HANGZHOU, China, Sept. 5 (UPI) -- Recognizing a tilt to the supply side in the global market for crude oil, Russia and Saudi Arabia said Monday they'd work jointly to diminish volatility. Russian Oil Minister Alexander Novak met on the sidelines of a summit for the members of the Group of 20 economies in China to discuss with Saudi Oil Minister Khalid al-Falih ways to reverse a slide in crude oil prices. In a joint statement, both sides said the onus was on them, as two countries that combine to meet about 20 percent of the global demand for crude oil, to coordinate on ways to address widespread volatility in oil prices. "The ministers recognize the current challenges in the ...
This is Why Eastern Europe Unlikely to End Reliance on Russian Oil
Post Date: 2016-09-04 09:00:27 by Tatarewicz
0 Comments
Sputnik...The crisis in the crude markets has intensified rivalry between oil producers. They are in search for new export markets and are ready to offer discounts to customers. The Eastern European oil market is now an arena of heavy competition between Russia and Middle Eastern producers. Oil Prices Surge After Putin Calls for a Global Output Freeze Despite efforts by Brussels and European countries to diversify energy supplies, Russia still dominates the market, especially in Eastern and Central Europe, an article on the analytical website OilPrice.com read. However, crude oil from Saudi Arabia, Iran and Iraq recently came to the market. Last year, Poland received the first shipment of ...
The Fed may be preparing for the unthinkable — negative interest rates in America
Post Date: 2016-09-03 21:17:23 by Dakmar
2 Comments
Negative interest rates are spreading like a virus. Central banks in the Eurozone, Switzerland, Sweden, and Japan all have below-zero policy rates. “NIRP,” as economists call a negative interest rate policy, is a desperation move—but the only move those central banks have.The Federal Reserve hasn’t followed—yet. When the next recession strikes, I believe Janet Yellen will choose to break the zero lower bound. The rationale was laid out in Jackson Hole. Look behind the headlines and you’ll see the Fed already preparing for NIRP.In theory, negative rates should encourage consumers and businesses to spend more freely and stimulate growth. It hasn’t worked out ...
The Fix Is Already in for This Election
Post Date: 2016-09-03 12:50:28 by BTP Holdings
1 Comments
Trump is staging a fierce comeback… Hillary Clinton’s post-convention lead in the polls has nearly disappeared. Prominent pollster Rasmussen Reports now has Trump leading Clinton 40% to 39%. Trump also has a 3% lead (45% to Hillary’s 42%) in the Los Angeles Times poll. And Hillary’s edge in the polls in which she’s still leading has narrowed sharply. There’ll be more back-and-forth momentum swings in the horse race to come, but these new polls show one thing: The odds of a Trump presidency shot higher this week. And that means the odds of a Fed interest rate hike before Election Day got lower… The fix is in... Look, Janet Yellen isn’t going to do ...
US recession coming as consumer crutch ‘about to be kicked away’ - SocGen strategist
Post Date: 2016-09-03 02:11:20 by Tatarewicz
1 Comments
RT...The American economy may soon plunge into recession, as consumer strength is showing signs of weakening, says Societe Generale strategist Albert Edwards. Consumption makes up 70 percent of the US gross domestic product. However, this support is "about to be kicked away,” the analyst said. "The only thing keeping the US out of recession is the US consumer. It is difficult to say consumption is driving the economy forward; rather it is like a wood, worm-ridden crutch creaking under the strain of holding up a dead weight economy. This recovery, the fourth longest in history, is surely nearing its end," Edwards wrote, quoted by Business Insider. According him, the ...
Here Is Why Doing Business in Ukraine Is Unfortunately a Terrible Idea
Post Date: 2016-09-02 03:06:51 by Tatarewicz
1 Comments
If you have money to throw away you'll have more fun doing it at a roulette table in Las Vegas Thomas Theiner The Atlantic Council Wed, Aug 31, 2016 James Brooke truly believes that investors should sink their money into Ukraine. He couldn’t be more wrong. Every roulette table in Las Vegas is more promising than Ukraine. I know from personal experience; I lived in Kyiv for five years and knew a few dozen foreigners who invested in Ukraine. To be fair, Brooke does mention red tape, corruption, and the difficulty of finding reliable, high-quality owner and management teams, but he fails to elaborate on these three aspects. Each on its own will ruin your investment in Ukraine; ...
Excellent Explanation of World Economic Crisis By Top Russian Statist Economist
Post Date: 2016-09-01 06:29:45 by Tatarewicz
1 Comments
RI... "The upcoming election presents Americans a choice between these scenarios. If you want to support the bankers, choose Clinton. If you want to save your country’s economy, support Trump. In either case, recession is inevitable, but with Clinton it will be deeper and more painful to everyday citizens." Mikhail Khazin The author is a leading Russian economist, publicist, and TV and radio host (Wikipedia - Russian only), an 'economic nationalist', like Sergei Glazyev - critical of liberal, globalist policies. In Russian they are known as 'Gosudarstveniki', which translates roughly to 'Statists'. See this excellent article from August 2016, ...
Green Lights for the Greenback
Post Date: 2016-08-31 20:15:03 by BTP Holdings
2 Comments
Green Lights for the Greenback Boris Schlossberg | Wednesday, August 31, 2016 at 4:30 pm What a difference a few words make. Just a couple of sentences from Janet Yellen on Friday and suddenly the dollar is hot. The greenback gained more than 200 points against the yen and euro since the start of the week, all due to the following section in Ms. Yellen’s speech … “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal-funds rate has strengthened in recent months.” That’s all she had to say at Jackson Hole to turn sentiment in the forex market around 180 ...
A Big Tax Bite Out of Apple
Post Date: 2016-08-30 12:28:53 by Stephen Lendman
0 Comments
A Big Tax Bite Out of Apple by Stephen Lendman Corporate predators notoriously finagle tax laws at home and abroad to pay as little as possible in what they owe, nowhere near their fair share - at times getting large rebates despite earnings high profits. Ordinary people and small family businesses like the one I was involved with most of my formal working life have no such advantage. We played by the rules, believing it’s the right way. Along with whatever disreputable shenanigans it may have been involved in domestically, Apple was caught red-handed evading huge amounts of taxes owed in Europe. The EU’s antitrust regulator ruled it’s European operations headquartered ...
German Savers Lose Faith in Banks, Stash Cash at Home
Post Date: 2016-08-29 13:03:46 by Ada
3 Comments
Low interest rates and the prospect of fees on bank deposits are helping drive a boom in home-safe sales HAMBURG—German savers are leaving the security of savings banks for what many now consider an even safer place to park their cash: home safes. For years, Germans kept socking money away in savings accounts despite plunging interest rates. Savers deemed the accounts secure, and they still offered easy cash access. But recently, many have lost faith. “It doesn’t pay to keep money in the bank, and on top of that you’re being taxed on it,” said Uwe Wiese, an 82-year-old pensioner who recently bought a home safe to stash roughly €53,000 ($59,344), including ...
Jim Rogers Explains What He Is Doing Before "The Next Time The World Comes To An End"
Post Date: 2016-08-29 09:25:06 by Ada
0 Comments
One week after RealVision brought us the latest Jeff Gundlach interview, in which the DoubleLine bond king explained why he is now “100% net short”, on Friday Grant Williams interviewed Jim Rogers, in which George Soros’ former partner (the two co-founded the Quantum Fund in 1973), is about as gloomy, warning “the next time the world comes to an end, it’s going to be a bigger shock than we expect.” Nonetheless, since an interview talking about canned foods, radioactive fallout shelter and guns would be relatively brief, Rogers presents several non-traditional ideas, most notably as relates to various frontier markets he is looking at currently, as well as ...
Failing TTIP Trade Talks?
Post Date: 2016-08-29 07:56:11 by Stephen Lendman
0 Comments
Failing TTIP Trade Talks? by Stephen Lendman The Transatlantic Trade and Investment Partnership (TTIP) is the deplorable US/EU equivalent of TPP - corporate coup d’etats against the public welfare, ecosanity and fundamental freedoms if enacted into law. Public Citizen’s Global Trade Watch calls it the latest attack venue against consumers, environmental protections and democratic values. Dominant US and EU corporate predators seek unregulated powers for greater profits, no matter the harm to most people affected by new rules they want instituted. They want so-called “trade irritants” eliminated, including public safety. They want investor interests alone served at ...
The Lithium Boom Story You're NOT Being Told
Post Date: 2016-08-28 18:12:44 by BTP Holdings
0 Comments
The Lithium Boom Story You're NOT Being Told The one and ONLY move to turn $10,000 into $1 million on the lithium energy boom. While most investors “in the know” will miss out on this virtually unknown 100-bagger play... I’ve already shown a small group of my readers 1,667% gains on lithium in four months — and we’re just getting started... Poster Comment:Video at source. And if you have some spare cash, put it into lithium mining. But, be wary, many of these companies own claims that have NO LITHIUM on them. Watch the video and listen closely.
DOW 50,000!
Post Date: 2016-08-28 16:19:14 by BTP Holdings
1 Comments
DOW 50,000! by J.L. Yastine August 22, 2016 A massive stock market rally is at our doorstep, according to several noted economists and distinguished investors. Larry Edelson, a Money and Markets editor, predicts: “The Dow Jones Industrial will lead the way higher and catapult to 31,000 over the next two years.” Ron Baron, CEO of Baron Capital, thinks: “It’s going to be 30,000.” Jeffrey A. Hirsch, editor-in-chief of the Stock Trader’s Almanac, believes it will go even higher: “The Dow Jones Industrial Average will surge to 38,820 in a ‘super boom’ beginning in 2017.” However, Paul Mampilly’s “Dow 50,000” predication is ...
Central Banks Are Willfully Destroying This Critical Market Function
Post Date: 2016-08-28 14:51:32 by BTP Holdings
1 Comments
Central Banks Are Willfully Destroying This Critical Market Function By Michael E. Lewitt, Global Credit Strategist, Money Morning • August 28, 2016 With central banks owning $25 trillion of financial assets and sovereign wealth funds owning countless trillions more, it is time to ask whether capitalism as we know it is a thing of the past. These non-economic actors have different motivations than traditional investors who buy assets in order to earn a profit over a reasonable period of time. Central banks are buying stocks and bonds in order to monetize government debt and keep afloat the endless Ponzi schemes required to finance massive entitlement promises to their constituents. ...
Global central bankers, stuck at zero, unite in plea for help from governments
Post Date: 2016-08-28 13:44:44 by Ada
2 Comments
JACKSON HOLE, Wyo. (Reuters) - Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to their colleagues in the rest of government: please help. Mired in a world of low growth, low inflation and low interest rates, officials from the Federal Reserve, Bank of Japan and the European Central Bank said their efforts to bolster the economy through monetary policy may falter unless elected leaders stepped forward with bold measures. These would range from immigration reform in Japan to structural changes to boost productivity and growth in the U.S. and ...
Latest [Newer] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 [Older]