While Big Oil, consumer groups, lobbyists, lawmakers... are mudwrestling over the export ban, exports of “petroleum products” are soaring.
A national average sounds an alarm: investors that drove up the housing market are bailing out
Not a word about soaring prices and higher rates that have pushed median-priced homes beyond the reach of hardworking Americans
“Foreclosure Rebound Pattern”: Foreclosure Starts SUDDENLY Jump 57% in California (And Soar In Much Of The Country)Submitted by testosteronepit on 02/13/2014 18:09 -0500
Cynic in me says it must be a data problem, that the computers got hacked, or something. But that’s wishful thinking.
Kudos to the Bank of Japan. Its heroic campaign to water down the yen has borne fruit.
The big money has jumped into the fray.
Tech isn’t exactly booming, but that hasn’t kept “valuations” of tech startups from being pushed into the stratosphere, for the benefit of an elite club.
Like in the bubble days of 2007: the big numbers, the deal exuberance, the craziness, the hoopla
There are millions of people in that category. And their numbers are growing, not diminishing.
Nothing can be a more pungent metaphor for today's investment climate than the headline, “Macau gambling revenue hits record $45 bn in 2013.”
Inflation without compensation and a consumption tax hike make a very toxic mix
First hint of what happens when the heavily subsidized industry is being encouraged to try to stand on its own wobbly feet.
Malodorous taper emanations and bankruptcies are a toxic mix for munis
Rebellious Fed head Lacker fired at “implicit guarantees” to bail out bank creditors. Covered liabilities, the size of US GDP.
Printing yourself out of trouble and to wealth works. For the elite. Even in Japan. But how are workers and consumers faring? And by implication the real economy?