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Meet America's Second Largest Employer: A Temp Agency
Despite the mainstream media’s inability to see things as they are – as opposed to how they hope them to be for fear of exposing the status quo for the illusion that it really is – the subject of ‘job...
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The Revenue Recession Of 2013
From Nicholas Colas of ConvergEx The Revenue Recession Of 2013 If you’ve wondered what the next recession might bring in the way of U.S. corporate earnings, you don’t have long to wait for an answer....
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Guest Post: The Dead Weight Of Sluggish Global Growth
Submitted by PeakProsperity contributing editor Gregor Macdonald Global Slowdown The U.S. economy weakened appreciably in the first quarter of 2013. But what if this weakness persists into the second...
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Charles Gave: So Here We Are…
Now that David Rosenberg has thrown in the towel on deflation (spending a little too much risk parity time in Westport perhaps?) and sees inflationary signs everywhere, even in a payrolls report that...
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Will $105+ Crude Send The S&P To New All Time Highs: Find Out Today
If the worst Chinese trade data in years (and by that we mean unmanipulated, because what was released last night is merely China offsetting blatantly BS Q1 trade data), and yesterday’s S&P...
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Oil Myths & Why WTI Is a Short
By EconMatters The Cushing Myth “Going along with ‘drill, drill, drill’ is now ‘ship, ship, ship,’ ” said John Kilduff, energy analyst with Again Capital.” The bottleneck has been addressed in...
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Bernanke Sets Cat Among the Pigeons
The Federal Reserve delivered a one-two punch to market expectations today. First the FOMC minutes did not appear as hawkish as many expected. Several FOMC members wanted to see more job growth before...
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Greek Unemployment, Non-Performing Loans Soar To Fresh Record Highs
It wouldn’t be the new normal if the collapse in Q2 US GDP to sub-1% wasn’t met by a new record high in the Dow Jones. And it certainly wouldn’t be the new abnormal if a day of resplendent green in...
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What Every Student in America Needs To Know About The Federal Reserve
Submitted by Charles Hugh-Smith of OfTwoMinds blog, Frequent contributor Jeff W. recently penned this succinct explanation of the Federal Reserve, and he did so with such clarity that in my view this...
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What 'Trickle-Down' Wealth Effect?
Nothing says ‘wealth’ like a luxury Swiss watch (or two), and despite the equity markets of developed ‘wealthy’ nations resurgent in their inflated-asset-based selves, it seems the demand for luxury...
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