Tuesday, March 8, 2016
The last 14 months have seen the biggest slump in small business confidence since the financial crisis. Despite being told about how great the recovery is by authorities, at 92.9, NFIB's optimism index has collapsed to its lowest in 2 years with weakness across the board - from hiring plans to capex spending to real sales expectation. There are two 'people' to blame for this according to NFIB's chief economist - The Fed ("dithering") and Obama ("disinclined to act favorably to small business.")
Indeed, what party other than the BOJ could be buying negative coupon debt? The answer is exactly why the coming financial crash will be so severe and long-lasting. To wit, it is front-runners expecting to cop a capital gain, and then get out before the house of cards collapses. That’s what might otherwise be called an ambush. The trillions of speculator dollars crowded into trades of this type throughout the global financial markets will never get through the narrow door of liquidity that remains in the casinos. The dotcom and the post-Lehman meltdowns were only the rehearsal.
Two hedge funds are tired of the problems plaguing airline United Continental. So they are hoping to elect their own board members --- and they've enlisted the help of former Continental CEO Gordon Bethune.
Friday, January 22, 2016
Those in the great State of Michigan that have been lied to, persecuted, falsely accused, prosecuted illegally, and have had their US civil rights trampled upon by Michigan's present Attorney General and certain members of his Assistant AG staff, in...