Rents and housing costs make up 30% of CPI. They’re its largest component. They’re soaring in real life. But not in the CPI.
Financial engineers have taken over; actual engineers are relegated to an expense category that must be cut.
The “faster rotating sanctions spiral with Russia” causes worst plunge in the history of the German consumer index.
“Here’s when US equity and bond markets will change direction: when investors come to fear the next Fed-talk.”
Current Junk-Bond Turmoil just Preliminary, 'Prisoner Dilemma' Ensues, but “The Real Panic Will Come With…”Submitted by testosteronepit on 08/08/2014 13:33 -0400
Junk bond investors are running for the hills. But there are no hills.
The powerful engine to pull Europe out of its quagmire? It stalls as sanctions hit. “Disaster of 2008” is evoked, hastily denied.
I’m a beer lover, but that beer-induced smile on my face is about to dry up.
Amazon is Exhibit A of how the Fed’s free money for Wall Street and corporate mastodons is destructive to the rest of the economy.
Then comes the moment when the hot money evaporates.
Don’t let a good crisis go to waste – Vladimir Putin's slogan.
35,000 global M&A deals will likely be made this year, promising “efficiencies” and “synergies,” hence job cuts. The Great M&A Frenzy of 2007/8 ended in the Great Jobs Crisis!
Consumers are “straining against rising prices on daily essentials” and are cutting back on things they want to buy.
The record bank lending binge “not evidence of an economic recovery.” Instead, they’re fretting about the greatest credit bubble in history.
He has “no face, no party,” “never runs for office,” but “governs,” Hollande said about “his true opponent” in 2012. It went viral. Huddled masses began to dream. But that courage fizzled.
The smart money had a goal, which it now reached via the “multiplier effect.”