• Gold Money
    05/03/2016 - 11:35
    Crude oil time-spreads have completely dislocated from inventories. Historically, such dislocations have proved to be short lived. We expect that either spot prices will sell-off again or the back...

Unemployment

Tyler Durden's picture

Stockman: Anything Trumps Hillary





So is there any chance at all that Trump will make America Great Again by erecting trade barriers, a Trump Wall on the Rio Grande and an end to America’s imperial beneficence and meddling abroad? Stayed tuned. There may be more to The Donald than meets the eye. And whatever it is, it certainly trumps Hillary’s deplorable purpose to make Imperial Washington an even greater menace both abroad and at home.

 
Tyler Durden's picture

Global Stocks Plunge After Bank Of Japan "Shock"





Less than one week after the BOJ floated a trial balloon using Bloomberg, that it would reduce the rate it charged some banks which set off the biggest USDJPY rally since October 2014, we are back where we started following last night's "completely unexpected" (for everyone else: we wrote "What If The BOJ Disappoints Tonight: How To Trade It" hours before said "shock") shocking announcement out of the BOJ which did absolutely... nothing. "It’s a total shock,” Nader Naeimi, Sydney- based head of dynamic markets at AMP Capital Investors told Bloomberg. "From currencies to equities to everything -- you can see the reaction in the markets. I can’t believe this. It’s very disappointing."

 
Tyler Durden's picture

Gold More Productive Than Cash?!





Is gold, often scoffed at as being an unproductive asset, more productive than cash? If so, what does it mean for asset allocation?

 
Tyler Durden's picture

Where It All Went Wrong





The recovery was always hollow or shallow, for a short time in 2014 it just came in a more appealing package; so appealing, the mainstream never looked beyond that cover. With 2015 a wreck and 2016 looking at best more of the same, they just keep right on reciting all the past cliches because to admit the actual circumstances is just too traumatic

 
Tyler Durden's picture

"Cynical, Fiction Peddlers"? Americans' Economic Confidence Tumbles To 8-Month Lows





Confirming The Conference Board's earlier disappointment, it appears the American public is chock-full of "cynics" and "fiction-peddlers" as Gallup reports Americans' confidence in the U.S. economy reached its lowest weekly level so far in 2016, with 60% saying it is "getting worse."

 
Tyler Durden's picture

Surviving Mission Creep - The Inglorious History Of Economic Central Planning





The history of economic central planning is not exactly glorious. In fact, as American economist Thomas Sowell once noted, "in general [central planning] has a record of failure so blatant that only an intellectual could ignore or evade it."

 
Tyler Durden's picture

Spain "Doomed" To New Elections After King Felipe Unable To Bring Parties Together





Back In December, Spain held what turned out to be inconclusive elections as voters clearly rejected the status quo with the country's lowest turnout in three decades. While incumbent Rajoy gained themost seats he was unable to get a majority and now four months later, King Felipe appears to have thrown in the towel on trying to bring the sides together in a working coalition. A new election for Spain is now inevitable in the summer after the king said no candidate counts with enough support to form a government - after a third round of talks between party leaders, the king won’t nominate a candidate, the Royal Palace said in a statement.

 
Tyler Durden's picture

In 1 Out Of Every 5 American Families, Nobody Has A Job





If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting? The truth, of course, is that the U.S. economy is in far worse condition than we are being told.

 
Tyler Durden's picture

Is There A Problem With The BLS Employment Reports?





It is quite evident there is something amiss about the BLS’ employment reports. Is the disparity simply an anomaly in the seasonal adjustments caused by the depth of the financial crisis? Is there an exceptional and unaccounted for margin of error in the surveys? Or, is it something more intentional by government-related agencies to keep “confidence” elevated as Central Banks globally “paddle like crazy” to keep global economies afloat.

 

 
Tyler Durden's picture

Why Voters Will Stay Angry





From the supporters of Donald Trump to the street protesters of southern Europe, voters around the world are mad as hell. Inequality, immigration, and the establishment's perceived indifference are firing up electorates in a way that's rarely been seen before. As the following charts from Bloomberg show, the forces shaping the disruption of global politics have been building for years and aren't about to diminish...

 
Tyler Durden's picture

The Economy As It Is, Or The Economy As It "Should Be"





The mainstream view of the unemployment statistics suggest that any weakness in the US economy, manufacturing or beyond, will be temporary and shallow because employment growth remains robust. In fact, the payroll reports are irrelevant. Actual economic analysis and fruitful interpretation lies only in ignoring them. Viewing the economy only through the lens of the BLS figures leads to a world that just doesn’t exist; it’s why policymakers, economists, and the media can’t seem to gather that the recovery ended years ago.

 
Secular Investor's picture

From Hero To Zero: What Should We Do With Brazil?





A story of sinking moral, economic hazard, ballooning debt debt, runaway inflation and scandals!

 
Tyler Durden's picture

US Suicide Rate Soars In 21st Century - Up 80% For Middle-Aged White Women





Sadly, it is undeniable that this reality has become more and more prevalent in America as the 21st century has unfolded, and we don’t think it’s a coincidence that we’ve seen this flare up during a decade and a half characterized by a pummeling of the middle class, a decimation of civil liberties, and the entrenchment of a callous and corrupt political and economic oligarchy.

 
Tyler Durden's picture

Pimco Economist Has A Stunning Proposal To Save The Economy: The Fed Should Buy Gold





"In the context of today’s paralyzed political-fiscal landscape how silly is it to suggest the Fed purchase a significantly large quantity of gold bullion at a substantially greater price than today’s free-market level, perhaps $5,000 an ounce?  Admittedly, this suggestion is almost too outrageous to post under the PIMCO logo, but NIRP surely would have elicited a similar reaction a decade ago. But upon reflection, it could be an elegant solution since it flips the boxes on a foreign currency “prisoner’s dilemma”. Most critically, a massive gold purchase has the potential to significantly boost inflationary expectations, both domestic and foreign."

 
Syndicate content
Do NOT follow this link or you will be banned from the site!