This Chart Shows How The Biggest Problem in the Jobs ‘Recovery’ Keeps Getting Worse (by the Atlanta Fed!) by Wolf Richter • Nov 10, 2014 • 7 Comments But it performs miracles on corporate profits.
No “Yellen Put?” You Gotta be Kidding… by Wolf Richter • Nov 4, 2014 • 15 Comments “Not the Fed’s job to rescue reckless investors from the errors of their ways.” Now they tell us!
Fed Issues Surreptitious Payments to Bank Welfare Queens At Taxpayer Expense by Lee Adler • Oct 29, 2014 • 2 Comments On the day when QE ended: Taxpayer were put on hook for a direct subsidy to banks.
Russia Wins the Currency War, Even if it Doesn’t Want to by Wolf Richter • Oct 28, 2014 • 4 Comments There are many losers when a currency gets smashed.
The High Price of Free Money: Now US Bankers Fear Financial, Social, or Political ‘Instability’ by Wolf Richter • Oct 23, 2014 • 14 Comments It all boils down to consumers in an economy that is so dependent on them.
What the Heck just Happened in Global Stock Markets? by Wolf Richter • Oct 12, 2014 • 30 Comments Bitter ironies are piling up – with very crummy consequences.
Hilarious Video by Australian Comedians Clarke & Dawe on Budget Deficits, the Dollar, and the US Economy by Wolf Richter • Oct 7, 2014 • 3 Comments It explains better than anything else how it truly is.
Shrinking Deficit? Ha! US Government Debt Jumps by $1.1 Trillion in Fiscal Year by Wolf Richter • Oct 5, 2014 • 12 Comments The US gross national debt ballooned far faster in fiscal 2014 than what government accounting of the budget deficits would have you believe.
“But Analysts Say There’s No Reason to Panic” by Wolf Richter • Oct 2, 2014 • 11 Comments After years of Fed-induced market mania, analysts lost the neurological ability to fathom that stocks can actually go down.
Junk Bond Bubble Cracks, Destroys Stocks One at a Time by Wolf Richter • Sep 30, 2014 • 5 Comments Party turns into bloodbath. Happening right now beneath the surface of the S&P 500.