In a fairly drastic departure from their previous bearish stance, Jan Hatzius and the Goldman Sachs Global Economics team last week released a rather upbeat report on the global economy and major asset classes. Pragmatic...
Read MoreIn a “60 Minutes” interview last night, Mark Zuckerberg, the 26-yr.-old founder and CEO of mega-social media site Facebook, talked to Lesley Stahl about his life and his business, now worth an estimated $35 billion. (As an...
Read MoreOn Friday the U.S. Labor Department reported that nonfarm payrolls (jobs) increased by 39,000 in November. In order to put the latest data in perspective, Chart of the Day provided a comparison of nonfarm payrolls following the...
Read MoreThe very topical address below was presented by Timothy Terrell, associate professor of economics at Wofford College and an adjunct scholar of the Ludwig von Mises Institute, at the Mises Circle at Furman University.Source:...
Read MoreChina’s CFLP non-manufacturing PMI plummeted to a paltry 53.2 in November from a robust 60.5 in October. November’s number marked the lowest since February’s low of 46.4. The drop was led by a significant decline in new orders...
Read MoreBCA Research has just published a short note, highlighting the stark difference in policy response followed by Iceland and Ireland to remedy their debt malaise, in the absence of the Emerald Isle being able to devalue its...
Read MoreIn this video clip, broadcaster and journalist Max Keiser pulls no punches regarding the economy and banking industry.Source: YouTube, December 2, 2010.Did you enjoy this post? If so, click here to subscribe to updates to...
Read MoreThe post below is a guest contribution by Frank Holmes, CEO and CIO of U.S. Global Investors.Lost in the shuffle of the European debt woes, a second round of quantitative easing and gold’s record run has been the resurgence in...
Read MoreThe November manufacturing PMIs came in much stronger than the market and I expected. Only Spain, Italy and Australia reported weaker growth, with the U.S. marginally lower. The manufacturing sectors in most countries except...
Read MoreI find myself starting to post more regularly on Twitter and Facebook. The items are always concerned with topical economic and market issues, web links and graphs, and not about my breakfast or other useless information. ...
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