testosteronepit's blog

A 'second Economic Miracle' and other psychedelic feats, but inconvenient data gets in the way.

The great American manufacturing renaissance? Maybe not. But China is losing the low-wage edge.

Not even the most prodigious and reckless money-printing binge can fix it

Politicians love good asset bubbles. Until they blow up. Which they always do.

Four of them are beyond any kind of democratic control, beholden only to the elite club of unelected Eurocrats, the European Council.

The last big thing was green tech, now a pileup of capital destruction.

“Labor market conditions are affected by a variety of factors outside a central bank’s control,” admitted the Fed's Jeffrey Lacker after the employment report bounced around the world.

It's saddled with enough problems; in theory, it no longer needs to create new ones.

Lamborghini sales hit the highest level in 14 years, Ferrari sales jumped 40% for the first quarter, luxury retailers forecast fat profits....

Last time it issued bonds was in 1996, when it flirted with bankruptcy. But now a new era is dawning.

The financial sector added 38% to GDP, but the threat of the banking-data sharing agreement will cause clients to pull their money out...

Insider offered an alternative, a heresy for Germans, an exit strategy if you will, a Plan B.... And he predicted that the euro might not last another five years!

When sales reps, Easter, and the sequester get blamed for worldwide sales declines

Where German industrial companies plan to invest: a slew of losers out there, including Germany

Participants don’t see them. Outsiders shake their heads, until they get sucked in. Central banks create them, but deny their existence. Risks no longer exist. Take natural gas.