Archive - Aug 5, 2013 - Blog entry
Fed Head: Sitting in the Hot Seat
Submitted by Pivotfarm on 08/05/2013 17:02 -0500Just a few days ago on July 27th President Barack Obama said that the next Fed head had to consider average Americans when setting monetary policy. If only that were true.
If the Economy is Recovering… Why Is Nominal GDP in a Recession?
Submitted by Phoenix Capital Research on 08/05/2013 14:04 -0500So, somehow the US economy is roaring back in a big way? Hard to see. Over 70% of the economy is consumer spending. And spending is driven by incomes. And incomes are… falling.
MYSTeRiouS OBJeCTS FouND...
Submitted by williambanzai7 on 08/05/2013 12:14 -0500Please do not worry...
Goldman Sachs and LME: Aluminum Storage – Monopolistic Behavior
Submitted by Pivotfarm on 08/05/2013 06:54 -0500Goldman Sachs and the London Metal Exchange have had a case brought against them both in a court in the US regarding anti-competitive behavior in aluminum storage, with a monopolistic effect thrown in for good measure.
Shale gas – not shale oil – primary long term challenge for Saudis
Submitted by Eugen Bohm-Bawerk on 08/05/2013 04:55 -0500In order to maximize their long-term profit, the Saudi`s will be watching the shale-boom in the US for an optimal oil price. This will prove a challenge for an oil dependent nation as the natural gas price implies a far lower oil price than the political elite is comfortable with.
