Global Intelligence
Financial System
In a moment of surprising clarity, Deutsche Bank’s Jim Reid pointed out what is largely taboo in the financial industry – the truth. “Looking back, real GDP growth in the US through the latter half of the 2000s and the 2010s has been at the lowest levels since the cyclically scarred decades of the Great […]
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While it is easy and often enjoyable to distract oneself with daily drudgery such as who will bomb whom (if not so enjoyable for those on the receiving end of said bombs), the key word in the sentence is just one: “distract” and as Kyle Bass pointed out correctly, the best, and most “economy-boosting” of all distractions […]
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Sep 10, 2013 – 01:47 PM GMT By: Money_Morning Robert Hsu writes: This has been the bond market’s worst showing in 19 years, thanks to the recent spike in the 10-year Treasury yield. But bond investors aren’t the only ones getting hit. A higher “risk-free” rate affects you, too. And me. And anyone else trying to […]
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Sep 11, 2013 – 01:26 PM GMT By: Jeff_Berwick We have been saying for the last four years that as Europe, the US and other Western and global nation-states continue their debt-fueled collapse the governments of these countries will continue to consider their citizens’ wealth to be their own and seize more of their assets. We […]
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Sep 06, 2013 – 12:57 PM GMT By: Profit_Confidential Michael Lombardi writes: It’s the elephant in the room no one wants to talk about… The middle class in the U.S. economy is on the verge of collapse. Yes, I said collapse. That social class that once helped the U.S. economy grow and prosper is coming apart. […]
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Nokia Deal Could Mark the Last Chapter for Microsoft Sep 06, 2013 – 12:37 PM GMT By: Vitaliy_Katsenelson As a value investor I used to spend a great deal of time in Microsoft hell – on one hand there was the company with enormous cash flows, an incredible return on capital, a huge moat, a cash-rich […]
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The facts are now becoming abundantly clear, that the forecast we’ve maintained for well over two years has been validated: the US is in a DE-pression and both Washington and the Federal Reserve have wasted trillions of Dollars. The reality is that what’s happening in the US today is not a cyclical recession, but a […]
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Nearly four years after Zero Hedge first suggested an HFT tax should punish algos that “churned” quotes and blasted empty bids and offers to stimulate “momentum ignition [12]” strategies, and generally corrupt market structure in a way that lead to both the flash crash, the BATS IPO farce, the FaceBook IPO debacle and the Nasdaq 3 […]
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The Buffets and the Gates of the US will be shedding a few tears this week as the United States and Switzerland have reached an agreement that brings the status of the latter as a tax haven for Americans (or will they?). No more hiding their cash away in Swiss banks. No more tax avoidance […]
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Submitted by Charles Hugh-Smith of OfTwoMinds blog, We assume the existing hyper-structures of our centralized state-cartel economies will deliver us jobs, happiness, wealth, health and financial security. They will not. Correspondent Simon H.’s insightful essay is not just a critique of our current centralized economies but an outline of a community-based alternative economy that offers freedom […]
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