Highlights The Non-Recovery, Recovery The “Great Recession” of 2007-2009 was a huge wake up call. The economy contracted the most since the “Great Depression” of the 1930’s. Unemployment soared. Hundreds of financial institutions failed. But since then the economic recovery
October 28, 2016
Video Length – 00:47:15
Take a look at this chart of IBB to see the erosion of biotech.
The Advance Estimate for Q3 GDP came in at 2.9%, up from 1.4% in the Third Estimate of Q2 GDP. With a per-capita adjustment, the headline number is lower at 2.18%. Here is a chart of real GDP per capita
Mongolia’s main exports are minerals. They produce iron, coal, copper, and gold, with nearly 90% of it going to China. Based on that information alone, I’m sure you can imagine the current shape of Mongolia’s economy. This country is yet
While VIX remains subdued at bull-market-narrative-confirming levels, there are extreme concerns being exhibited in VIX options. There are currently almost 7 times more ‘call’ options (bets on a higher VIX) than ‘put’ options outstanding on the ‘Fear’ index – the highest since August 2015,
Central banks seeking to boost inflation are waging financial war on the bottom 95% of households. Central banks are obsessed with boosting inflation, but the “why inflation is good” arguments make no sense for households being ravaged by inflation. The basic
Seattle Genetics, Inc SGEN reported a loss of 23 cents per share, narrower than the Zacks Consensus Estimate of a loss of 29 cents but wider than the year-ago loss of 21 cents. Revenues came in at $106.3 million, up 26.5% year
Seattle Genetics, Inc SGEN reported a loss of 23 cents per share, narrower than the Zacks Consensus Estimate of a loss of 29 cents but wider than the year-ago loss of 21 cents. Revenues came in at $106.3 million, up 26.5% year
Last Thursday night, we saw vampire bats overhead as we thought about the possibility of stagflation-the terror and awe of it. Early Friday, a better than expected GDP of 2.9% helped boost the market. Fears of stagflation apparently abated. Then,
