I am often amused by the Western media’s readiness to attribute godlike powers of long-term planning and Sun-Tzu-like strategic brilliance to China’s leadership. A well-known anecdote illustrates the point. Zhou Enlai, Premier of China in the Mao era, who when asked
September 28, 2015
DOW – 312 = 16,001 SPX – 49 = 1881 NAS – 142 = 4543 10 YR YLD – .07 = 2.09% OIL – .03 = 44.40 GOLD – 14.20 = 1133.10 SILV – .53 = 14.70 Well, this was
I first posted the attached three weeks ago, and here we are again, knocking on the door of the Bullard Rip low of last October 15th. While we will know soon enough whether this battered and bloodied bull will give
A Bear market from this Correction is more likely than not Yield Curve suggests Bull has further to go Breadth measures suggest Bull is exhausted Triple top and Head & Shoulders pattern suggests breakout to the downside 4 Factor Technical
Of course, gold’s value lies in its scarcity. But just how scarce is it, really? We all have a vague idea, but you will probably still find the reality quite shocking. A series of 12 stunning visualizations of gold published
So now we have all noticed that the Fed eschewed tightening a week and a half ago, and we have digested all of the analysis of the “negative dots” which indicate some member of the Fed projected not just unchanged
So there was this……. and then a few days later…… Plus I heard today he was touting Apple (AAPL) as a great buy, since he saw people were standing in line to buy a phone or something (I thus added
(Photo Credit: stu_spivack) Tuesday, September 29 Wednesday, September 30 Thursday, October 1 Costco Wholesale (COST) Consumer Staples – Food & Staples Retailing | Reports September 29, before the open The Estimize consensus calls for EPS of $1.67, a penny higher than
The rippling effects of the plunge in oil prices over the past year continue to hit harder on the banking sector. Energy lending, which once aided the U.S. oil boom, now seems to give jitters to banks as they face
Update: And there it is: GLENCORE DEBT INSURANCE COSTS SURGE TO RECORD HIGH; 5-YR CREDIT DEFAULT SWAPS RISE 207BASIS POINTS FROM FRIDAY’S CLOSE TO 757 BASIS POINTS Just last Thursday we asked whether Goldman was “preparing to sacrifice the
