Home » Posts tagged 'Wall Street' (Page 21)
Tag Archives: Wall Street
103 Years Later, Wall Street Turned Out Just As One Man Predicted
103 Years Later, Wall Street Turned Out Just As One Man Predicted In 1910, three years before the US Federal Reserve was founded, Senator Nelson Aldrich, Frank Vanderlip of National City (Citibank), Henry Davison of Morgan Bank, and Paul Warburg of the Kuhn, Loeb Investment House met secretly at Jekyll Island in Georgia to formulate […]
As Goes The Credit Market, So Goes The World
As Goes The Credit Market, So Goes The World When confidence cracks, we’ll see it there first During the prior economic cycle of 2003-2007, one question I asked again and again was: Is the US running on a business cycle or a credit cycle? That question was prompted by a series of data I have tracked […]
Memo to the Fed and its Media Tool Hilsenrath: We’re Not Here to Enrich Your Corporate Cronies
Memo to the Fed and its Media Tool Hilsenrath: We’re Not Here to Enrich Your Corporate Cronies Memo to the Fed: you are the enemy of the middle class, capitalism and the nation. The Federal Reserve is appalled that we’re not spending enough to further inflate the value of its corporate and banking cronies. In the […]
Western ‘News’ Media as Tyranny’s Propagandists Hiding Reality
Western ‘News’ Media as Tyranny’s Propagandists Hiding Reality 1: The ugly realities are covered up, not covered; here’s an example of what you don’t see in the regime’s media about the people whom Americans’ tax dollars are bombing and killing: https://www.youtube.com/watch?v=YgB2bhFfEtM&app=desktop 2: The great investigative journalist John Pilger discusses the systematic truth-suppression: http://johnpilger.com/articles/war-by-media-and-the-triumph-of-propaganda 3: The […]
Something Smells Fishy
SOMETHING SMELLS FISHY It’s always interesting to see a long term chart that reflects your real life experiences. I bought my first home in 1990. It was a small townhouse and I paid $100k, put 10% down, and obtained a 9.875% mortgage. I was thrilled to get under 10%. Those were different times, when you […]
Surplus Repression and the Self-Defeating Deep State
Surplus Repression and the Self-Defeating Deep State The nation is wallowing self-piteously in a fetid trough of denial and adolescent rage/magical thinking now that the nation’s bogus, debt-based “prosperity” has crashed and cannot be restored. If you type Deep State into the custom search window in the right sidebar, the search results fill 10 pages. I think it […]
“It’s A Coup D’Etat,” David Stockman Warns “Central Banks Are Out Of Control”
“It’s A Coup D’Etat,” David Stockman Warns “Central Banks Are Out Of Control” We’re all about to be taken to the woodshed, warns David Stockman in this excellent interview. The huge wealth disparity is “not because of some flaw in capitalism, or Reagan tax cuts, or even the greed of Wall Street; the problem is central […]
The Clintons and Their Banker Friends
The Clintons and Their Banker Friends The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and Wall Street, it provides an ongoing pathway for political-financial relationships and policies that remain a threat to the American economy going forward. When Hillary Clinton video-announced her bid for […]
4 Factors Signaling Volatility Will Return With A Vengeance
4 Factors Signaling Volatility Will Return With A Vengeance Buckle up. It’s going to get bumpy. No one could have predicted the sheer scope of global monetary policy bolstering the private banking and trading system. Yet, here we were – ensconced in the seventh year of capital markets being buoyed by coordinated government and central […]
Former Fed Governor Predicts “Wrenching” Market Adjustment
Former Fed Governor Predicts “Wrenching” Market Adjustment Lawrence Lindsey, a Governor of the Federal Reserve from 1991 to 1997, was right before. And got fired for it. Reality was too inconvenient. In December 2002, as George W. Bush’s economic adviser and Director of the National Economic Council at the White House, he fretted out loud […]
Afraid of Losing Trillions, Wall Street Fights Fed Rate Hikes
Afraid of Losing Trillions, Wall Street Fights Fed Rate Hikes Since last week, $2.1 billion worth of artworks have changed hands at Christie’s and Sotheby’s in New York. “Les Femmes d’Alger (Version ‘O’)” by Pablo Picasso sold for $179.4 million, highest price ever paid for a painting at an auction. The bronze, “L’Homme au Doigt,” […]
The Dwindling US Economy
The Dwindling US Economy The announcement today (April 29) of a barely positive GDP first quarter 2015 growth rate of 0.2 percent (two-tenths of one percent) is an intentional exaggeration. Today’s GDP report is the “advance estimate.” There will be two revisions, with the first occurring in one month on May 29. Although the “consensus […]
For Heaven’s Sake: Hedge!
For Heaven’s Sake: Hedge! If you’re not positioned defensively by now, you’re nuts Q: How do you make a small fortune on Wall Street? A: Start with a large fortune. ~ old investing adage Last fall, I wrote an article titled Defying Gravity that warned of the absurd price levels that stocks and bonds had risen to. […]
Money Worries
Money Worries The cynicism among the informed classes has never been so deep. Even the pompom boys in the cheerleading clubs like CNBC and The Wall Street Journal express wonderment at the levitation of stock indexes and bond values. They chatter about a “correction” of 20 percent being a healthful tonic that would clear away some […]
Gen. Petraeus: Too Big to Jail
Gen. Petraeus: Too Big to Jail From the Archive: Retired Gen. David Petraeus confessed on Thursday to giving sensitive government secrets to his mistress and then lying about it to the FBI, but will get no jail time, only two years probation and a fine, showing that he is too big to jail, as ex -CIA […]
