The headline, fictional, seasonally adjusted number for initial unemployment claims came in at 291,000, which was not materially more than the Wall Street conomist crowd consensus guess of 285,000. That was…
The next Radio Free Wall Street video will be posted Friday. Time is uncertain.
Forget raising rates in 2015. Lee Adler pulls back the paper curtain of Wall Street propaganda to show why the Fed may not realistically be able to raise interest rates for the foreseeable future. Subscribers may click here to open…
Lee Adler pulls back the paper curtain of Wall Street propaganda to ask and attempt to answer the question of whether a bear market is even possible with round robin QE in the era of endless liquidity. He explains what…
The Telegraph’s Ambrose Evans-Pritchard told Lindsay Williams on his nightly business radio program that a new bull market in the US dollar could lead to major financial dislocations worldwide. The program was recorded on Tuesday morning, November 4. You can listen or download here or use the player below.
Here’s the podcast to my appearance Wednesday night on John Batchelor’s nationally syndicated radio show.
Big money is gushing in all directions.
The NY Fed and Goldman have combined again to produce fingers scraping on a moral blackboard. The story is – not – told coherently in a NY Times piece.
More unexciting action from the early openers: Kiwis -0.5%, Aussies flat, Nikkei -0.8% and Sth Korea +0.3%.
Fairly flat for most Aussie sectors: Energy +1.3% down to Utilities -1.4%.
Some final thoughts on immigration policy just before President Obama officially unveils his executive action at 8 EST tonight: The …
In one chart.
I’ll tell ya – I was in Philadelphia last Friday night and was amazed by how lively and genuinely urban the Rittenhouse Square area is (especially in contrast to still-determinedly un-urban Washington, D.C.). But as it turns out, if I really wanted excitement, I would have gone to one of the Philly area’s factories – because according to the Philadelphia Federal Reserve’s new monthly survey of regional manufacturing activity, the area’s industry is having one of the biggest blowout months of all time.