Macro Considerations

The macro picture remains largely unchanged. Janet Yellen is expected to lead the Federal Reserve into a new phase by beginning to taper its long-term asset purchases early next year. The ECB is expect to move in the other direction, leaning against th… [...]

Shiller Worried About "Boom In US Stocks… Bubbles Look Like This"

On the heels of his recent appearance pouring cold water on Jim Cramer's housing recovery exuberance, recent Nobel Prize winner Bob Shiller unloads another round of uncomfortable truthiness (presumably on the basis of his future-proofing tenure gua… [...]

Guest Post: Economic Prosperity Ahead Or A Train A Comin’

Originally posted at Monty Pelerin’s World blog, Whether the light at the end of the economic tunnel represents sunshine or an on-coming train depends on whom you ask. I am of the opinion that it is a train a comin’. Economic matters cannot get bette… [...]

Is Janet Yellen Smarter Than Me?

Yellen`s Talking Points   During Janet Yellen`s Senate Banking Committee testimony to paraphrase she said that she doesn`t see a bubble in stock prices based upon some of the metrics they utilize at the Fed, and she mentioned that the rise in… [...]

A-Rod And Janet Yellen: What Valuation, Debt And The Fed Can Say About The Next Bear Market

Submitted by F.F. Wiley of Cyniconomics What Can Valuation, Debt and the Fed Tell Us about the Next Bear Market? We last wrote about stock valuation in August, when we looked at three types of P/E multiples and argued that stocks were more stretched t… [...]

Metallic Money (Gold/Silver) vs. Credit Money: Know The Difference

Submitted by Charles Hugh-Smith of OfTwoMinds blog, Longtime correspondent Jeff W. succinctly explains the difference between metallic money (gold and silver) and credit money. You've probably read many articles about money–what it is (store of va… [...]

Marc Faber: "We Are In A Gigantic Speculative Bubble"

“We have to be careful of these kind of exponentially rising markets,” chides Marc Faber, adding that he “sees no value in stocks.” Fearful of shorting, however, because “the bubble in all asset prices” can keep going due to the printing of money by wo… [...]

U.S. Oil Supplies in Storage Set to Pass the 400 Million Threshold

By EconMatters     Trend is to Store more Oil    A year ago oil in storage stood at 274 million barrels, and with another robust year of domestic production, and despite curtailed imports, the US Oil Inventory stands … [...]

HaNK’S ReSTauRaNT…

    HANK’S RESTAURANT (Arlo Guthrie–Alice’s Restaurant) Adapted by WilliamBanzai7   This song is called Hank’s Restaurant, and it’s about Hank, and the restaurant, but Hank’s Restaurant is not the name of the restaurant, tha… [...]

5 Things To Ponder Over Thanksgiving

Submitted by Lance Roberts of STA Wealth Management, With the "inmates in charge of the asylum" during this holiday shortened trading week it seemed to be an apropriate opportunity to share a virtual cornucopia of topics to consider while enj… [...]