Two Seeking Alpha Pieces Make The Case Against The Economy And Stock Market
“Why The Stock Market Should Crash”, Charles Hugh Smith, Seeking Alpha, November 16
“Our Steroid Pumped Economy”, Vitaliy Katsenelson, Seeking Alpha, November 18
“Why The Stock Market Should Crash”, Charles Hugh Smith, Seeking Alpha, November 16
“Our Steroid Pumped Economy”, Vitaliy Katsenelson, Seeking Alpha, November 18
Is the Federal Reserve an independent monetary authority or a handmaiden beholden to political and market players? Has it reverted to its mistaken behavior in the 1970s? Recent actions and public commitments, including Fed Chairman Ben Bernanke’s testimony to Congress…
Yesterday Macy’s (M) reported 1st quarter earnings. They reported earnings of 2 cents a share on a continuing basis compared to 16 cents last year. Sales were down 3% and same store sales down 2.6% (M Earnings Release). The stock…
It’s been another volatile day so far. Markets opened sharply lower, due to selling overseas and weak same store sales numbers from McDonald’s (MCD). US same store sales were up only 3.3% in the 4th quarter and flat in December (MCD…
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Stocks rallied Friday as The Fed Whisperer Nick Timiraos penned a column suggesting that the Fed may be close to pivoting to a less hawkish stance. Timiraos suggested that – while the Fed will raise another 75 points on November…
The real lesson from Europe is actually the opposite of what conservatives claim: Europe is an economic success, and that success shows that social democracy works. ….. So why do we get such a different picture from many pundits? Because…