The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 265,000, which blew out the Wall Street conomist crowd consensus guess of 301,000. The…
Lee Adler tells what to look for in the market in reaction to the State of the Union, the Swiss National Bank removal of the Euro peg, and the ECB’s expected decision this week to undertake QE.
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This video was originally published for Radio Free Wall Street subscribers on November 4, 2014. To see the latest videos in real time, subscribe here. Go behind the paper curtain of Wall Street propaganda and get the facts.
Bill Black appeared on The Real News Network (TRNN) discussing the Syriza victory in Greece despite what WSJ and NYT would like us to think.
The fourth quarter 2014 GDP figures released this morning show that U.S. trade flows have slowed the nation’s economic recovery during the final three months of last year, for all of 2014, and since the current economic recovery began in mid-2009.
My advice is to focus not on retiring comfortably, but on working comfortably.You’ve probably seen articles and adverts discussing how much money you’ll need to “retire comfortably.”
Last week, the European Central Bank’s turn finally came to announce large scale quantitative easing.
As the continent witnesses a battle between deflation and attempts at inflation, will it finally be enough?
Europe is following in the footsteps o…
Call it 529 words of gibberish and be done! All of the FOMC’s platitudes about the economy “expanding at a solid pace”, labor market conditions which have “improved further”, household spending which is “rising moderately” and business fixed investment which is “expanding” are not simply untruthful nonsense; they are a smokescreen for the Fed’s actual intention. Namely, to keep…
If its departing chief is any indication, the publication hasn’t learned a blessed thing about how the distinctive form of freeing trade spearheaded by the United States since the early 1990s was instrumental in triggering the worst global recession since the Great Depression, and how it continues threatening an even worse replay.