Reality

Ron Paul Rages At The "Phony Job Recovery"

Until the notion that wealth and prosperity can come from a printing press is eradicated from the thinking of policymakers, economies around the world will remained mired in this malaise. Jobs created through government money creation and heavily protectionist laws and regulations will not meet the needs of consumers, will add nothing to productivity, and ultimately will not last... economic stagnation is the unfortunate but predictable result.

Don't Show President Obama (Or Hillary Clinton) This Chart

If "everything is awesome" as Hillbama proclaim (though there is more work to be done...) and stocks are backed by the "strength of the economy," then why are Americans' views of their financial prospects crashing to their lowest since 2014...?

Citi Lays Out The "Black Swans" That Donald Trump Would Unleash If He Becomes President

With less than 90 days left until the presidential election, Citi's Dana Paterson writes that the "election risks clock starts now." Here is how Citi previews the upcoming US election which "may generate extremely high uncertainty that likely will impose a significant drag on economic growth", and Citi's breakdown of Black Swans, mostly associated with a Trump presidency.

Rising Recession Risks & The Tears In America's Economic Fabric

Stock market “bulls” should pray that interest rates don’t rise. Don’t blame those poor consumers for not spending – they are spending everything they have and then some. Just one word describes the outcome of that event given the current excessively leveraged consumption based economy of today – disaster.

Thursday Humor: Crude Oil Futures

Forget facts (Saudi output at record high), F##k fundamentals (global growth slowing, global glut rising)... just set the algos to buy on every OPEC headline...

As Libor Blows Out To Fresh 6 Year Highs, A $28 Trillion Debt Question Emerges

while blowing out unsecured funding rates may no longer be a flashing red flag, a question has emerged as a lot of debt references Libor, debt ranging from household debt to non-financial business debt: some $28 trillion of it, to be specific, and just in the US. The question is just how concerned will the borrowers of said debt be once they get their next due balance.

Someone's Lying

Initial jobless claims dropped 1k to 266k (from a downwardly revised 267k) remaining near 43-year lows. Here's why that's odd...

Arianna Huffington Is Quitting The Huffington Post

Four years after selling the HuffPo to AOL Arianna Huffington has had enough, and as she announced moments ago, she is stepping down as Editor-in-Chief of the Huffington Post to run a new health and wellness venture.