[email_link] Notice the big drop since in the past 2-3 years. Go back to 66% civilian participation and the unemployment rate skyrockets. If the job market was indeed getting better, this chart would not be diving. Or maybe the ATMs are the culprit.
[email_link] Bring on the war of words. In a frank conversation with MSN writer Lawrence Ulrich, Audi of America President Johan de Nysschen has said that the Chevy Volt will fail and that anybody who buys the car is an idiot. Not only that, de Nysschen has lumped proponents of any type of electric car…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/121618.mp3 JUST LETTING YOU KNOW… 9 trading days left in the year. In the past few months, I made a point of telling you that we’re entering a very tough period for the market…and that’s what we got. I said it based on how many areas of the market that had topped out–combined with…
[email_link] HONG KONG—Real-estate prices are falling across much of Asia as government measures to rein in once-booming prices start to bite and the slowing global economy hits export-dependent economies. The slowdown ends years of increases that have driven prices up by 70% or more since the start of 2009 in the hottest markets, spurred by…
[email_link] Daniel Mudd, the former chief executive officer of Fannie Mae, and Richard Syron, ex-CEO of Freddie Mac, were sued by the U.S. Securities and Exchange Commission for understating by hundreds of billions of dollars the subprime loans held by the agencies. The lawsuits filed today in Manhattan federal court were followed by an SEC statement that…
[email_link] Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought. The National Association of Realtors said a benchmarking exercise had revealed that some properties were listed more than once, and in…
Chart courtesy of StockCharts.com Gold has broke below its 150 day moving average the first time since January of 09. Since that time, gold has tagged this long term moving average 9 times…most to the penny. If it cannot get back above within the next week, I would consider it a major breakdown of consequence….
[email_link] On Tuesday, President Obama went to Osawatomie High School in Kansas to deliver an address framing the economic issues for the 2012 election. He was following in the footsteps of turn of the century “progressive” Teddy Roosevelt, who spoke at that same site 100 years ago to rail against big corporations and the privileged,…
[email_link] Five Big Lies In Obama’s Fairness Speech Election ’12: One thing is certainly true about President Obama – no matter how many times people point out the falsehoods in his speeches, he just keeps making them. Case in point: his latest “economic fairness” address. In that speech Tuesday, Obama once again tried to build a…
[email_link] Just more wealth redistribution but not from the rich to the poor but the rich to the government. Albany – Gov. Andrew M. Cuomo and legislative leaders on Tuesday announced that they had reached an agreement to raise taxes on New York State’s wealthiest residents as part of a deal to overhaul the tax…
