Once upon a time, “Black Friday” was a major event in the United States.Yes, the mainstream media is still endlessly hyping it up, and major retailers are still rolling out their “incredible deals”, but it appears that most Americans are
November 27, 2015
Years ago when I was a boy programmer we used to have a joke about the big computer systems. We would say that the systems programmers would get the operating system working just right. The only problem was when users
Top News Headlines Turkey and Russia spar over airspace. Russian promises retaliation for fighter shoot down. Brussels shuts down for days in terrorist hunt. Chicago policeman charged with murder. Stocks little changed on the week, no follow through from last
On Tuesday, the US Mint announced it has sold out of one-ounce 2015 American Gold Eagles. Mint officials say they don’t plan to produce any more at this time. Earlier this month, the mint announced it had run out of one-tenth and
Retailers, especially big-box retailers will be blue if light shopping carries over for the rest of the season. The Wall Street Journal reports Thinner Crowds on Black Friday. Millions of Americans left their Thanksgiving meals to hit stores across the country
Written by New Deal democrat (Bondadd blog) One long term indicator changes to Yellow One long leading indicator has turned from green (positive) to yellow (caution): mortgage rates. Since middle class wages peaked in the 1970s, the ability to refinance debt
Natixis Global Asset Management recently published a white paper, Can the Federal Reserve Be Replaced by a Mathematical Formula?, highlighting the Fed Oversight Reform and Modernization act approved by the Financial Services Committee of the House of Representatives. This Act would require the Fed
Black Friday is here and Americans are set to spend on the year’s busiest shopping day. We note that, from early 2000, both urban and suburban dwellers have started regarding this day as the beginning of their holiday shopping season.
$29 billion Vaporized As is well-known, Spain is one of the countries in the euro area’s periphery that has been thoroughly bankrupted by its decision to join the euro area and enjoy an artificial credit expansion-induced boom as its interest
Guest post from my colleagues Dr. Win Thin and Ilan Solot 1) Mauricio Macri, the mayor of Buenos Aires, won the Argentine presidential election with 52% of vote 2) The latest political developments in Brazil rocked asset prices 3) The
