Fast Facts

WSE Exclusives

Volatility Is Here To Stay, and Here’s Why It Doesn’t Necessarily Mean Bear Market

I told CNBC Africa’s Lindsay Williams on his nightly business radio program why volatility is here to stay but doesn’t necessarily spell a bear market for the US, yet. The program was recorded on Monday morning, October 27.  You can listen or download here or use the player below.

 

Must Reads

A Growing Stink About Think Tanks

Here’s an encouraging development for anyone hoping to curb the role of big money and special interests in American politics: The Mainstream Media is starting to shine the spotlight on the too-long-overlooked influence-peddling role played by leading think tanks that continue portraying themselves to policymakers, the media, and the general public as disinterested seekers of the truth.

Japan Goes All In

I was already having a hard enough time trying to figure out whether to focus this morning on three big data releases or on some of the other economic and non-economic developments crowding the headlines – and then the Japanese government rocked the economic world with two mega-announcements.

The BOJ Jumps The Monetary Shark—–Now The Machines, Madmen And Morons Are Raging

This is just plain sick. Hardly a day after the greatest central bank fraudster of all time, Maestro Greenspan, confessed that QE has not helped the main street economy and jobs, the lunatics at the BOJ flat-out jumped the monetary shark. Even then, the madman Kuroda pulled off his incendiary maneuver by a bare 5-4 vote. Apparently the dissenters——Messrs. Morimoto,…