Archive - Jun 2013 - Blog entry

Few analysts know or admit it, but the only thing that held Europe (and ultimately the financial system) together since May 2012 was the promise of unlimited bond purchases from the ECB.

Here are the worst IPO fails of all time in the world. The ones that we thought would be unfailingly good. The ones that we thought we could bet our bottom dollar on and still strike it rich.

Bank of America, Wells Fargo and JPMorgan Chase control 67.87% of 1-4 Family First Liens NPLs yet only had 32.62% of the charge offs in the quarter.

The 2011 actions of the FDIC ending the safe harbor for true sales locked in a solution to TBTF

When the Big Brothers fight it out! Did you know that your new Samsung GS4 has 14 new sensors to send your personal info up into the cloud, everything from real time health info to location and travel history.

"A brave new Huxley-world of the unlimited debt,” a world where “money is no longer earned but printed”

• S&P Revises U.S. Credit Outlook To "Stable" From Negative

• Fed's Bullard Details How QE Can Be Cut

• Fed Retreat From Bond Buying Expected By Fourth Quarter - Poll

• U.S., Japan Leading Recovery In Major Economies - OECD

Burn your EUROS! [This is hot!]

Are Emergency Plans Meant Only for Nuclear War the Real Justification for Spying?

Given that the Fed is openly citing the stock market as an indication that QE is working… and given that every other metric shows QE is a total failure…

Privatization is back on the political stroke economic agenda this morning after a report commissioned by Chancellor of the Exchequer George Osborne in the UK looks like he will be set to return bailed out banks to the private sector.

A gentle reminder not to get too complacent...

Bravo again to Jim for his expert work in helping people make money, just not the people he claims, not his viewers, another P.T. Barnum Show folks.  Good thing this one hasn't shown he is running a business taking subsidies from the Conneticut government based on the number of employees he has, hat's off to you too Keith Mccullough.

Timid men prefer the calm of despotism...