Markets
Corporate America The Profit Recession
Now that the end of the earnings season has arrived, it's looking increasingly likely that the United States has entered a profit recession. Corporate profits ……Read More
Business
Markets
T. Boone Pickens On Obama Oil Tax: Dumbest Idea Ever
The Obama administration's proposed $10.25 per barrel oil tax adds up to approximately $32 billion a year, and critics are coming out of the woodwork ……Read More
Markets
What are Credit Default Swaps Telling Us About the Economy?
Credit Default Swaps (aka CDS) are one of those little understood (by Main Street) but highly imaginative products brought to you by the creative minds ……Read More
Economy
Negative Interest Rates Caught Between and Rock and a Hard Place
Throughout the six year history of this blog, I have occasionally posted articles on negative interest rates, a monetary policy that seemed utterly far-fetched back ……Read More
Markets
Wall Street and Washington You Scratch My Back and I’ll Scratch Yours
We keep hearing about various presidential candidates, particularly Hillary Clinton, and their connections to Wall Street but few of us are aware just how significant ……Read More
Economy
The Impact of Low Oil Prices on the Global Economy
We've all seen oil prices do this over the past two years: …and have heard many pundits, economists and experts pontificate about the impact ……Read More