Hyperinflation Can't Happen Because Deleveraging Has Only Begun
It's time we do away with the notion behind the incessant flow of stories and warnings about upcoming hyperinflation in the US. It can't and therefore won't happen, at least not for years into the...
View ArticleMore corporate First Amendment Rights?
Via Truthout comes this report from PR Watch: In a new lawsuit against the Securities and Exchange Commission (SEC), big energy extractors are pushing for carte blanche in their interactions with...
View ArticleThis Chart Explains Why The American Energy Boom Is Huge
If you’re sick of my USA, arm-waving profit opportunities, you may want to stop reading right now. Today we’re on the global hunt for oil and gas, and yet again it’s brought us back to one hugely...
View ArticleHere's The Political Black Swan That Could Collapse Confidence And Suck...
Fiscal cliff collides with a replay of the Bush v Gore 2000 fiasco. Not good. We noted in an earlier post today Governor Romney has moved ahead of President Obama on the Real Clear Politics electoral...
View ArticleDER SPIEGEL: Germany Is Considering A Buy-Back Plan To Slash Greece's Huge...
BERLIN (Reuters) - Germany's Finance Ministry is considering a debt buy-back as a possible way of reducing Greece's huge debt pile which threatens to rise well above a target level of 120 percent of...
View ArticleGreek Debt Could Shrink Rapidly with Leveraged Buy Back Scheme – Spiegel
The Greek government could lend money from the ESM bailout fund and buy back its own bonds for 25% of their value, so that every euro would reduce the debt mountain by 4 euros. This idea is being...
View ArticleThis Week In ETFs: October 21st Edition
This week poor earnings reports from both technology and materials sectors lead the downward charge for indexes overall, as analysts try to decide what this will mean for the market overall. Tech has...
View ArticleETF Pop Quiz: LinkedIn, Lebanon, and Low Volatility
At the end of a long week in the global markets, the ETFdb pop quiz returns with another round of questions about LinkedIn, Lebanon, and Low Volatility. As always, all answers can be found using the...
View Article"No, the shareholders don't own the corporation."
The excellent Justin Fox makes the excellent point that I have made many times: that nobody in the ecosystem of publicly traded companies — including shareholders – is anything like a business owner....
View ArticleGreat Graphic: Political Economy and Gender Relations
We have suggested capitalism is about relationships and these relationships are being transformed. We often think and write about the relationships between citizens and their sovereigns and employees...
View ArticleGold and Silver Prices for October 22-26
During the previous week, gold and silver prices decreased. Last week's EU Summit didn't ease the concerns of traders as Spain didn't request a bailout. Several U.S reports may have contributed to the...
View ArticleAND NOW: Americans Are Finally Going To See An Increase In Wage Growth
With leading indicators like per-capita initial claims edging into the top 30% of all desirable readings (figure 1), the unemployment rate at a post-recession low of 7.8%, and the S&P 500 now less...
View ArticleIs it Cronyism to Ride the Boom?
After the bust of 2008, well-connected corporations and banks lobbied for and received many billions in bailouts from the government. The public was outraged. The term “crony capitalism” came into new...
View ArticleCurrencies and Metals Attempt a Rebound
The Friday action in the currencies and metals began the day with a bias to buy US dollars, and that remained in place as we finished the week on a high note for the dollar. Gold got taken down again...
View ArticleDeep and Long: Private Debt and Financial Recessions
While he (uncharacteristically) doesn’t explain or deploy it terribly well, Paul Krugman points to some very excellent research on the relationship between private debt levels and the depth and...
View ArticleMonty Recently Quoted in Investor’s Business Daily
Gold Prices Dive With Stock Market: Reasons To Buy By Trang Ho, INVESTOR’S BUSINESS DAILY Posted 10/19/2012 02:47 PM ET Gold prices dropped sharply along with global stock markets Friday as the...
View ArticleIt’s plain for all to see, ESG research works
by Bob Monks, co-founder of GMI Ratings, specialist in ESG, corporate governance and extra-financial research and ratings published in FT 10.21.2012 The evidence is clear that corporate governance...
View ArticleETF Insider: Buy On This Dip With Caution
After a very sour finale last week, domestic equity indexes appear to be holding their ground and are poised for a bounce back as bargain buyers stepped in Monday morning. Regional elections in Spain...
View ArticleS&P 500 under Democratic and Republican Presidents
I hear so many things about how investors prefer a Republican president I often wonder if they have ever looked at the data. Of course from just looking at a chart of the S&P 500 since WWII it...
View ArticleA History of Central Banking in the United States
The Federal Reserve has been the United States’s central bank since 1913, but is our third attempt at central banking. The First Bank of the United States was chartered in 1791 and lasted twenty...
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