Thursday, May 9, 2013

Net Credit Market Debt Contraction In Two Sectors Is Repressing GDP

›
The domestic financial sector continues net negative in credit market debt outstanding, $3.27 trillion below the October 1, 2008 peak, as of...

For When "Incompetent" Just Doesn't Convey How You Feel

›
(see them all, here )
Wednesday, May 8, 2013

Vanguard Prime Money Market Fund 3yr Return: 0.05% Annually

›
That figure is not inflation-adjusted, which if it were would mean sizeable negative returns. Meanwhile the S&P500 Index for the 13 year...

Stocks Have Barely Beaten The Lowly Money Markets From The March 2000 Highs

›
For the full thirteen year period since March 2000 (when the S&P500 reached the last of six annual new high watermarks going back to 199...

Cyclically-Adjusted p/e Above 20 Forecasts Near-Zero 10yr Returns

›
As discussed here by Mark Hulbert: Where does the CAPE stand today? It currently is at 23.3, which is 41% higher than its historical averag...
Tuesday, May 7, 2013

GLD is down to 1062 metric tons yesterday

›
So says Reuters, here : "Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell a further 0.3 perc...
Monday, May 6, 2013

Barack Obama: The Social-Democratic Philistine Who Embraces The State . . .

›
"WE GOT YOUR MONEY!" . . . and fears the people. Barack Obama, disappointment to true believers everywhere, here at Ohio State Un...
Sunday, May 5, 2013

Aren't Keynesianism and Homosexuality Equally Forms Of Psychological Rebellion?

›
"Despite his Cambridge education, aristocratic manner and wealth, Keynes was also an outsider in his own way. He was an aesthete who en...
Saturday, May 4, 2013

Funniest Chart Ever From The St. Louis Federal Reserve

›
Someone had a fat finger on the "zero" when updating the not-seasonally-adjusted full-time jobs data for this chart on Friday morn...
Friday, May 3, 2013

Mish Is Wrong About Full Time Employment Being Down. It's Up.

›
seasonally-adjusted full-time, 2007 peak to now Mish is wrong about full time employment being down. It's up. Here's Mish: "Vo...

April Unemployment Drops To 7.5%, Full-Time Job Gains Ominously Slowing

›
The full unemployment report in pdf from the Bureau of Labor Statistics is here . The official number of unemployed is unchanged from March ...
Wednesday, May 1, 2013

ObamaCare Has Its Own Hitchhiker's Guide To The Galaxy Moment

›
ABCNews reports the following here : The Kaiser Family Foundation released results of a non-partisan study today finding more than 40 percen...

Bloomberg: Incompetent Cops Skipped Street Where Wounded Tsarnaev Hid In Boat

›
Here : Sue Lund lives about five blocks from where police engaged in a wild shootout April 19 with the two Boston Marathon bombing suspects ...
Tuesday, April 30, 2013

Real Federal Spending Growth Since 2000 Has Outstripped Real GDP 3 To 1

›
Your government in action People who keep saying government should spend more to grow the economy more don't want to confront the fact t...

Housing, Shmousing. Here's What's Really Been Happening.

›
RC Whalen, here , in January: "[J]udicial states remain mired in foreclosure backlogs that still stretch ahead for years to come.  Beca...
Monday, April 29, 2013

Mish Finally Calls This Economy Fascism

›
Took him long enough, here : "In short, the problems we face are not the result of free market capitalism, but rather the results of Fe...

Number One Insult Which Made Tamerlan Tsarnaev Angry

›
"Your mother just wears a suicide vest because she's flat."
Sunday, April 28, 2013

Imagine A World Without Balloons? How About One Without Idiots?

›
Another remove-all-doubt moment from the irrepressible Rep. Hank Johnson of Georgia, here , on "helium", one of America's ...
Saturday, April 27, 2013

We Need All The Global Warming We Can Get: An Ice Age Is Coming

›
So WUWT here : "[T]here have been 5 interglacial events in the last 500,000 years. At ~10,500 years our current cooler but benign Holoc...
Friday, April 26, 2013

Big Deal: Debt To GDP Ratio Comes In At 105%

›
The debt  as of 4/24/13 was $16.7943 trillion. GDP in the latest report was $16.0102 trillion. So the one divided by the other yields 1.05,...