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Current Markets A Wealth Manager's Nightmare





 “How Can I Explain To My Clients Afterwards That We Had A Third Crash In 15 years?”

 
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Japan’s Most Hated Outfit, TEPCO, Reports Fat Profit (From Taxpayer Bailout Money)





The bailed-out owner of the Fukushima nuke, famous for its lackadaisical handling of the fiasco and its stinginess with the truth, reported earnings. It was a doozie.

 
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Wallowing in Fed-Induced Stock Market Delirium, Even Texas Instruments Admits: Stocks Are Overpriced





Stocks balloon, we’re incessantly told, because revenues and earnings rise. But what if they sag for years, and the stock still balloons?

 
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NSA Revelations Kill IBM Hardware Sales in China





IBM tried to come up with a panic-free explanation for the sudden collapse of hardware sales in China, but the Chinese government had warned of the coming fiasco in mid-August

 
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ECB’s Draghi: Knowing Too Much About Our Big Banks Could Set Off A Panic





Time runs out on Italian and Spanish banks. But the truth is fatal.

 
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“Yellen Props Up Stocks” And Other Delirious Data Points





Stock market now held up by its one and final prop, a jerry-rigged, haphazard device with destructive side effects.

 
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The End Of Nuclear Energy In Japan?





The zero-nuclear option has a hugely popular and powerful backer in Shinzo Abe’s own party: former Prime Minister Koizumi

 
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Great Start in Germany: DAYS After Election Victory, Merkel’s Party Breaks Campaign Promise Of “No Tax Hikes”





In record-breaking time, categorical promises that resulted in a phenomenal victory in the September 22 election turned out to be lies

 
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First Cracks (And Losses) In The Insane LBO Craze





Another signal for investors around the world to buckle their seatbelts.

 
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Mostly Cloudy With Occasional Drones In The Afternoon





Privacy has been traded in for corporate profits, governmental controls, spookily personalized ads, and harebrained hype about increased security

 
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Revenge of the Japanese Zombie Banks





Plowed $2 trillion of their Japanese deposit base into investments overseas then wondered why the economy at home languished

 
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Debt Zombie Verizon





Desperation and the sound of hot air hissing out of the Bond Bubble

 
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