Markets

More Wall Street Layoffs Are Coming

By EconMatters Trading: State of the Union I was visiting a large Oil trading floor last year, and they were having their big state of the union town hall on the floor and the CEO of the group that trading and marketing rolled up into talked about the dying volatility […]
More Wall Street Layoffs Are Coming
Markets

When the Gold Bugs Start Selling Look Out!

By EconMatters   Where are all the Gold Bugs? The decline in GDP saw gold and silver spike yesterday with the thought that the fed will still be around a little while longer. But before that report traders have been selling into any Gold & Silver rally with the thought […]
Markets

Fuel Efficiency Is Bad News For State Governments

By EconMatters Energy and environment conservation has been high on every nation’s agenda probably even before the oil crisis in the 1970s.  Green cars such as hybrids and electric cars have been gaining popularity as well as auto market share in the U.S. driven in part by high oil and […]
Fuel Efficiency Is Bad News For State Governments
Markets

There Is Just Too Much Oil Sloshing Around The World Right Now

By EconMatters EIA Report The weekly EIA report came out today and one of the noteworthy data points was the Cushing, Oklahoma storage numbers. Already at a record, Cushing added another 1.8 million barrels to storage sending total Cushing stocks to 51.9 million barrels of oil in storage facilities at […]
There Is Just Too Much Oil Sloshing Around The World Right Now
Markets

More And More Of America’s PhDs Are On Welfare

The Great Recession and the very slow pace of subsequent recovery has sky-rocketed unemployment, as well as people on welfare and food stamps.  A record high of 15 per cent, or 46.37 million Americans, were on food stamps in June last year — that’s almost one in every seven Americans. […]
More And More Of America’s PhDs Are On Welfare
Markets

FORGET LIBOR-GATE: Oil Market Manipulation Is Far Worse

Since the Global Community all the sudden seems to be preoccupied with Market manipulation even though the authorities knew it was a problem for over 5 years with Libor Rate Fixing. It is high time authorities look at the Crude Oil market which has been manipulated for the last decade […]
FORGET LIBOR-GATE: Oil Market Manipulation Is Far Worse
Markets

Top 10 Warning Signs Of A Global Endgame

What a difference a year has made!  About this time last year, the dollar seemed on the brink of disaster amid the debt ceiling debate at U.S. Congress.  U.S. CDS spiked 430% in three months, and S&P downgraded the U.S. sovereign debt credit rating for the first time in history. […]
Top 10 Warning Signs Of A Global Endgame
Markets

The Cost Of College Dropouts

The American Institutes for Research (AIR) published a report in August this year taking a look at the economic impact of college dropouts.  The AIR analysis estimated that the cost to the nation from students who started college in fall of 2002, but failed to graduate six years later amounted […]
The Cost Of College Dropouts
Markets

The Great American Debt Flow

[credit provider=”Wikimedia Commons / www.flickr.com/tracy_olson” url=”http://www.flickr.com/photos/tracy_olson/61056391/”] The public debt of the United States has increased by over $500 billion each year since fiscal year (FY) 2003, and as of September, 2011, the gross debt was about $14.7 trillion, of which closed to $10 trillion was held by the public and […]
The Great American Debt Flow