Archive - 2013 - Blog entry
January 2nd
Tick By Tick Research Comment - 13 Economic Tales To Take You Into 2013
Submitted by Tick By Tick on 01/03/2013 03:11 -050013 Economic Tales To Take You Into 2013
January 2nd
The Good, The Bad And The Ugly From The Fiscal Cliff Deal
Submitted by ilene on 01/02/2013 23:48 -0500This deal has made our debt problems worse.
Wednesday's Wild Start to 2013
Submitted by ilene on 01/02/2013 15:55 -0500We know we're going to get a knee-jerk rally as the shorts run for cover today...
What's the Hurry ? What's the Worry?
Submitted by Marc To Market on 01/02/2013 15:42 -0500
While elated that the full 3.5% US fiscal drag was avoided, many observers are understandably dissatisfied with the fiscal compromise that was struck.
Marianne Faithfull's song "What's the Hurry" may ironically offer some insight. She asked, "What's the panic, where's the static?" That seems to be the key. The fiscal cliff in the US was never about economics, but always about politics. The politicians had tied their own hands and lo and behold figured out a way to untie them.
Politicians, regardless of nationality or political persuasion, like the people they represent, are loath to make difficult decisions unless they are forced. The pressures that usually emanates from large deficits and debt is inflation and higher interest rates. These are not present in the US. Contrary to the claims of many economists, US interest rates remain low as does inflation.
Deal or No Deal... Nothing Was Fixed
Submitted by Phoenix Capital Research on 01/02/2013 14:50 -0500
In broad strokes, this is the official playbook for political leaders in the Western world. Facilitating this is the ongoing monetary easing by the global Central Banks who have collectively pumped $10 trillion into the system since the Great Crisis began. In simple terms, Central Banks provide the glue to hold the system together while politicians meet and negotiate without ever really solving anything.
All the Facts.....
Submitted by Bruce Krasting on 01/02/2013 14:35 -0500If you just want the facts, who can you trust?
Bank of England’s Chief of Financial Stability: Internet Technology Will Break Up Big Bank Monopoly
Submitted by George Washington on 01/02/2013 14:12 -0500- 8.5%
- Bank Failures
- Bank of America
- Bank of America
- Bank of England
- Bitcoin
- Central Banks
- Chris Whalen
- credit union
- Creditors
- Federal Reserve
- fixed
- Fractional Reserve Banking
- France
- Gambling
- goldman sachs
- Goldman Sachs
- Institutional Risk Analytics
- Insurance Companies
- Main Street
- Market Share
- Money Supply
- Morgan Stanley
- recovery
- Regional Banks
- Reuters
- Risk Management
- TARP
- Time Magazine
- Washington D.C.
Peer-to-Peer Lending and Crowd-Funding Have the Power to Change Finance
Back To The Future: Cruise Line Industry Skirted Fundamental Analysis For A 100% Gain, But Can A Miracle Happen Twice?
Submitted by Reggie Middleton on 01/02/2013 12:55 -0500
In May Of 2010, I published a series of reader contributions on the cruise line industry as well some proprietary research on a particular company in said industry - Royal Caribbean Cruise Lines. The consistent, globally synchronized flood of money totally distorted market pricing and risk in public equities - thus often distorted practically applicability of hard core fundamental and forensic research.
FiSCaL DeaTH RaCe 2013...
Submitted by williambanzai7 on 01/02/2013 12:11 -0500The Limerick King and Banzai7 look at the cliff farce and the road ahead...
January 1st
FOR THE RECORD: GATA, Ted Truman And Gold … Another Stunning Revelation
Submitted by lemetropole on 01/01/2013 22:05 -0500- Alan Greenspan
- Australia
- Bank of England
- Barack Obama
- BIS
- Central Banks
- Chris Powell
- ETC
- European Central Bank
- Federal Reserve
- Foreign Central Banks
- Institute For International Economics
- Krugman
- Market Manipulation
- Monetary Policy
- New York Times
- None
- Ohio
- Paul Krugman
- Spencer Bachus
- SPY
- Trade Deficit
- Transparency
- Treasury Department
- United Kingdom
- World Bank
On May 10, 2000 a GATA delegation consisting of Reg Howe, Frank Veneroso, Chris Powell and Bill Murphy met with Denny Hastert, The Speaker of the House in the United States Congress; Spencer Bachus, the Chairman of the House Subcommittee on Domestic and International Monetary Policy; and Dr. John Silvia, the Chief Economist of the Senate Banking Committee. We presented each of them our 100 page "Gold Derivative Banking Crisis" document and personally delivered it to the staff of every House and Senate Banking Committee member.
Big Hedge Fund Whacked - And Warm Feelings
Submitted by Bruce Krasting on 01/01/2013 17:36 -0500"Are the key governments and their leaders able to maintain confidence in this fragile system?" "Are 'they' going to do the 'right' things?"
The Fiscal Stiff
Submitted by Marc To Market on 01/01/2013 14:42 -0500
US Vice President Biden and Senate Minority leader McConnell brokered an agreement that was approved by the Senate that seems to avoid the full fiscal cliff. It now is before the House of Representatives.
While the Jan 1 deadline is passed, the more significant one, we had argued was Jan 3, when a new Congress is sworn in. A failure by the 112th Congress to finalize the legislation would mean that process would have to begin anew with the 113th Congress.
After what is likely to be intense though short debate, the House of Representatives can either approve the same exact bill the Senate approved, which be the quickest resolution. It can seek to amend the bill, in which case it must return to the Senate for their approval. The process could be cumbersome and require reconciliation and would risk the Jan 3 deadline. Alternatively, a majority of the House could fail to ratify the Senate bill, in which case, it will be up the next Congress to claw back from the other side of the cliff.
BaCK PeDaLiNG THe ESSeNTiaL CHaRTS oF 2012...
Submitted by williambanzai7 on 01/01/2013 12:08 -0500Banzai7 Institute presents the essential charts for hallucinating precisely WTF happened in 2012...and more
