Monthly Archives: November 2014

Krugman And Rogoff Peddling Toxic Advice

Here are a couple of reasons why Keynesian economists are truly a menace in today’s bubble ridden and debt-impaled world. It seems that both Harvard’s Kenneth Rogoff and Princeton’s Paul Krugman are on the global advice circuit, peddling what amounts to sheer snake oil to desperate politicians and policy-makers who have already buried themselves—-so far to no avail—-in…

Avoiding Lost Decades: European Edition

From Liz Alderman in the NY Times today: Germany and France Aim to Avert a ‘Lost Decade’ The economy ministers of France and Germany called on Thursday for urgent overhauls and a series of investments in both countries to help prevent them and the eurozone from falling into a stagnation trap. This comes as news of increasing unemployment…

EC 3 High Yiel

As we move into December, now is the time to prime your portfolio for the coming year. Some stocks may have performed well for you in 2014, but 2015 is showing signs of above average volatility. Here are 3 stocks to drop and 3 stocks to replace them for your income portfolio. Once we own…

Gold Price, Where Are You Going?

Analysts are still trying to figure out what gold will do next. It does not seem like the precious metal can get a break, and the long-awaited recovery has still not shown its face. Uncertainty has increased, as a consequence, and people can only guess what’s coming. Precious metal prices did recover a bit last…

The Fed’s Black Swan

This CNBC article starts off with the usual pablum about interest rates and how the Fed may decide to hold off beyond next spring given the lack of inflation expectations and effects in the economy.  It’s brain melting mainstream media Pap 101. Fed now expected to stay lower for a lot longer Really?  Ya think?  As if…

“An Unstoppable Zombie Holiday” – Humanity Shudders As America Ex...

Greater Manchester Police said two arrests were made and injuries reported as police closed some stores to prevent more severe problems. One woman was injured by a falling television set. The force tweeted “Keep calm, people!” at one point. There were problems in many parts of Britain, including Wales and Scotland. – From the Associated Press: Black…