The US Daily Cash Deficit for Friday 2/27/2015 was $39.4B bringing the February full month cash deficit to $211B, $1B over my initial estimate of a $210B deficit for the month. So hooray for wild ass guesses….even though my last guess was between $200B and $210B. Click on picture to enlarge February went off mostly…
There’s an excellent post on Keep Talking Greece this evening on the simmering feud between Greek prime minister Alexis Tsipras and Spanish prime minister Minister Mariano Rajoy. Tsipras made a claim that Rajoy’s plan is to “wear down, topple or bring our government to unconditional surrender before our work begins to bear fruit and before…
Guest post by Alhambra Investment Partners. It’s Not A Stock Bubble But A Bigger Corporate Bubble With liquidity running somewhat perilously noncommittal since June, you would think the riskiest parts of the credit market would be most affected. That is incorrect and once again stands out as to the bubbly nature of the current age. Aside from liquidity…
Today I used Barchart to sort the S&P 500 Large Cap Index stocks to find the stocks with the highest technical buy signals. I then used the Flipchart feature to review the charts.Today’s list includes:Time Warner Cable,Ross Stores,Monster Beverage,Mc Donalds and CBS. Time Warner Cable (TWC) Barchart technical indicators: 100% Barchart technical buy signals Trend Spotter buy signal Above its…
Become a Public Policy Thinker in Three Easy Steps by Ajay Shah, ajayshahblog Step 1:What’s the market failure? Each of us tends to get unhappy at some feature of the world or the other. As an example, I don’t like rap music. But value judgements of this nature do not justify the use of State power…
Gold prices fell $2.56 an ounce on Tuesday, extending the previous day’s losses, as caution set in ahead of important data releases. The XAU/USD pair dipped to a low of 1195.27 before bouncing back to the 1206 level. Although gold prices dropped two days in a row, we are still trapped within the trading range of…
Bank of Canada is pleading with Star Trek fans to stop “Spocking” its five dollar bills. Since Leonard Nimoy’s death, Canadian folks have been “Spocking” the hell out of the five dollar bill that features a portrait of Canada’s seventh prime minister Sir Wilfrid Laurier. Sir Wilfrid now sports, on certain bills at least, pointy ears, the…
Innovation is selectively restrained in systems controlled by vested interests. Just as everyone supports “solutions” until the solutions crush their share of the swag, everybody supports innovation and transparency (IT) until IT disrupts their share of the swag. Then they scramble to hide the ugly truths and suppress the spread of threatening innovation. This parallel rejection…
In a surprise move, the RBI just cut its main interest rates for the second time in two months, taking it from 6.75% to 6.50%, in what the central bank calls a “pre-emptive” policy move, but what is in reality merely a confirmation that so far in 2015 at least 20 central banks have lowered…
I’m no stranger to shopping online, in fact, my wife and I have been big advocates for doing your entire grocery shopping online for a while now. However, until recently the only shops offering this service were the big grocery chains, and their prices were essentially the same as what you would find in store…
