By Eric Schaefer (via Doug Short) On Thursday, November 10th, Jefferson County Alabama filed for bankruptcy. At $3.1 Billion, the county commissioners’ decision to seek Chapter Nine protection makes this technically the...
Read MoreBy Frank Holmes One way to gauge support for the price of oil is to calculate the breakeven price. In other words, what is the dollar amount per barrel that would be required for an oil-producing country to balance its fiscal...
Read MoreBy Mike “Mish” Shedlock If French president Nicolas Sarkozy gets his wish to “Level the Playing Field” on sovereign bonds, a decade-long European recession is on its way. French President Nicolas Sarkozy...
Read MoreBy David Banister (via Chris Vermeulen) Back in August with Gold running to parabolic wave 3 sentiment induced highs, I warned of a major top and multi-month correction. We all know that the fundamentals for the shiny metal are...
Read MoreBy Frank Holmes December has historically been one of the strongest months of the year for equity markets. Taking a look over the past 20 years, the S&P 500 Index in December has averaged 2 percent. This year has been...
Read MoreBy JW Jones – OptionsTradingSignals.com The recent action taken by the Federal Reserve Bank as well as other central banks around the world has produced a strong move to the upside in European and U.S. equity markets....
Read MoreBy Michael Snyder That you are about to read should absolutely astound you. During the last financial crisis, the Federal Reserve secretly conducted the biggest bailout in the history of the world, and the Fed fought in court...
Read MoreBy Frank Holmes Technology from innovative companies in Silicon Valley–think Apple, Google, Amazon.com and Facebook–has permeated our workplace and home. As one tiny example, what startup company provided the...
Read MoreBy. James Burgess Back in July, Larry Page became Google’s new chief executive and immediately began a campaign to reign in Google’s projects and focus their resources. This was due to the stiff competition they were...
Read MoreBy Charles Rotblut The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank agreed to lower the pricing on existing temporary U.S. dollar overnight...
Read More
