The headline, fictional, seasonally adjusted number for initial unemployment claims of 280,000 left the consensus estimate of Wall Street economists in the dust this morning at 305,000. They had…
Will the ECB’s new lending program really make a difference? Lee Adler gives a definitive answer, tells why, and tells you what to look for to take advantage or protect your portfolio. Subscribers may click here to open or right…
Lee Adler tells CNBC Africa that the Fed may be tapering, but the key to the US market will now be in the actions of the BoJ and ECB. Subscribe to the Professional Edition for my proprietary research.
In the past, they were early, but they were right.
Any system that has no way to measure, much less prioritize, opportunity costs and maximization of utility is not just flawed–it is terribly misguided and structurally destructive.We’re told the gross domestic product (GDP) measures growth, …
Early openers slacking off again: Kiwis and Aussies -0.3%, Sth Korea -0.4%, Japan closed.
Gold +1% is one of the few bright spots in Aussie sectors with Miners -1.4% down the most.
It’s getting so that with each passing week, claims that reshored factories are producing an American manufacturing renaissance look more and more specious.
The do ring a bell at the top…….On Friday Alibaba gained $65 billion of market cap in 5 minutes! And that was on top of the $170 billion IPO price—-a valuation that was not all that shabby to begin with. In fact, BABA weighed in for the opening bell at 20X the $8.6 billion in sales reported for its LTM financial results.
“[I]t’s been a great challenge to argue that because of our open trade regime, trade agreements are always in our favor – [that they] create rules and open up the economies of other countries for our exports.”
In my lifetime, the USA has not blundered into a more incoherent, feckless, and unfavorable foreign policy quandary than we see today.
The US-led campaign to tilt Ukraine to Euroland and NATO — and away from the Russian-led Eurasian Customs …
The inevitable end of the dollar’s hegemony has consequences.