Genuine capitalism is the economic system most consistent with freedom. But that is not the system we have today.
WASHINGTON, Sept. 2, 2015 – We’re back briefly this morning to remind you this morning that we have a national holiday—Labor Day—coming up on Monday. Given the violent whipsaw action we’ve seen in market over the past two weeks, we didn’t notice this incoming holiday until just this morning. Given that trading will remain crazy, ...
Hillary is not a champion of gays, blacks, Jews, or any other disenfranchised group. She is the champion of herself. She fights for her right to fight for her rights while committing grievous wrong.
Even before Krugman objectively examines the effects of the Dodd-frank bill, he has already concluded it is effective and should be strengthened.
Millionaires are people too; and they vote for the candidate that will be best for the other "little people" - those just like them
WASHINGTON, October 29, 2014 – It’s trick-or-treat time on Wall Street today, albeit just a tad early in the week. After opening nicely up nicely in a follow-through to Tuesday’s rally, traders changed their minds this afternoon after the Fed definitively—more or less—finally put a stake through the heart of QE. It’s like the Day ...
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The assault on terrorism in Syria is taking media and political attention away from the assault on Global Warming happening on Wall Street and the UN
Detractors say the bank is little more than an example of "naked corporate cronyism." Should it be abolished?
WASHINGTON, July 2, 2014 – As we indicated in our earlier holiday report, light trading and heavy international and political news will make trading treacherous for the rest of this holiday-shortened market week. As for us, we’ll likely remain on the sidelines for the rest of the week unless we have to defend defensive positions ...
WASHINGTON, July 2, 2014 – Volatile but low-volume trading action is continuing this week making trading stances dance on a slippery slope. The government will report numbers early this week due to Friday’s 4th of July holiday, so today and Thursday could involve frantic trading action up or down, likely driven by the HFTs’ array ...
It is not too difficult to understand why a private equity firm would hire a former Treasury Secretary with no experience in the field. It is business as usual, as business is now conducted.
WASHINGTON, April 16, 2014 – The increasing, virtually forced secularization of U.S. culture in recent years has failed to put a dent in Wall Street’s traditional Good Friday holiday. Back in the day when this country’s moral tradition still strongly reflected Christian values, it was generally accepted, even among America’s 19th century robber barons, that ...
WASHINGTON, March 4, 2014 − It was gloom and doom on Wall Street yesterday with Russian President Vladimir Putin in full U.S.S.R/KGB mode. Led by headline-driven machine trading, markets plunged as HTFs, algos and permabears predicted the imminent demise of the U.S. and the Western world. But today, Putin seems to have climbed down from ...
After the stock market’s sickening collective thud this Friday past, Wall Street is bracing for the worst this week.
China, currency issues, Argentina spook markets big time.
2013’s goats doing well in a disappointing January 2014.
Employment numbers show more Minions than full-timers. Ah, but not to worry. The Government will take care of us little minions.
Taper talk put back in the box. Window-dressing keeps stocks higher.
Gold, ETFs, margin calls, quadruple witching...oh, my!