h/t Zero Hedge Comment Matt Taibbi of Rolling Stone magazine explains to Jon Stewart why no CEO/banker has gone to jail in the wake of the financial crisis. The Daily ShowGet More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook The Daily ShowGet More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on… Continue reading Cartoons
[pageview class=”PDFViewer” url=”https://www.biancoresearch.com/bianco/wp-content/plugins/PDFViewer/plugin.php?id=180″] The Wall Street Journal – Hilsenrath Analysis: Fed Worried About Misleading on Interest Rates at Policy Meeting 1) DOT ANGST: Fed officials worried at the meeting that their individual projections for short-term interest rates could be misleading. Some officials pushed up their projections for rates in 2015 and 2016, which would be… Continue reading The Fed Minutes
The Wall Street Journal – Greece to Issue First Long-Term Bond Since Bailout “The deal is obviously good for the euro-zone periphery but we are unlikely to take part in the deal.” The planned sale comes as the gap between yields on U.S. Treasury bonds and the debt of Italy and Spain, two other countries… Continue reading Greece Is Back From The Dead
<Click on chart for larger image> Business Insider – INITIAL JOBLESS CLAIMS PLUMMET TO LOWEST LEVEL SINCE MAY 2007 Initial claims filed for unemployment insurance fell to 300,000 in the week ended April 5, the lowest level since May 2007. Economists expected claims to edge down to 320,000 from the previous week’s upwardly-revised 332,000 reading.… Continue reading Initial Claims Fall
Zero Hedge – Fed Admits Policies Benefit Rich, Fears For “Nation’s Democratic Heritage” – TARULLO: FED POLICY NOT PRINCIPAL FIX FOR ECONOMIC CHALLENGES – TARULLO SAYS UNCONVENTIONAL POLICY `CRITICAL’ TO RECOVERY – TARULLO SAYS QE HAS HAS HELPED FUEL `ECONOMIC ACTIVITY’ – TARULLO SAYS POLICY HASN’T CREATED `PREFERRED’ RECOVERY – TARULLO: REDUCED NATIONAL INCOME SHARE… Continue reading The Rich Getting Richer
USA Money – Do you own stock? You’re getting a 23% raise The soaring stock market isn’t the only good news for investors. Dividends are set to jump by a double-digit percentage from 2013′s already record level. The bottom line is that investors can expect a nice raise, to the tune of 22.9% over the… Continue reading Dividends On The Rise
The Economist – Wedge beyond the edge Money is leaving emerging markets for riskier bets at the investment frontier MANY of Africa’s roads are scarred with potholes, so the fresh tarmac on the drive between Ndola and Kitwe, two cities in Zambia’s copper belt, is something of a treat. The country’s roadbuilding is financed by… Continue reading Emerging Market Pain
MarketWatch.com – Could bitcoin ever overtake the dollar? Bitcoin’s future as a digital alternative to paper money is a subject of fierce debate, but the cryptocurrency may also have a future as the basis for a global payment system. Bitcoin’s role as a system of payment was a topic that came up frequently at a… Continue reading Bitcoin vs The Dollar
Charts of the Week Topics Covered This Week Include: Earnings Expectations Disappointing Economic Releases Mutual Fund Flows The Battle Of The Central Banks Long Term Unemployment Employment In Pictures Employment In Pictures – 2 Employment In Pictures – 3 Employment In Pictures – 4 Inefficiencies Still Exist In Crude Oil Market A Look At China’s… Continue reading Charts of the Week
Zero Hedge (Blog) – Why Do You Listen To Analysts – Earnings ‘Hope/Hype’ Edition Presented with little comment aside to ask if 4th time is the charm for the ‘hoped for’ earnings recovery in Europe… And just in case you were gloating over the US… their analysts are just as bad…
Real Time Economics (WSJ Blog) – Beveridge Curve Starting to Look a Little More Normal For much of the past five years, economists have debated whether the unemployment facing the economy was cyclical — the result of an economy weakened by a particularly vicious business cycle — or structural — the result of rapid shifts… Continue reading Structural vs. Cyclical Unemployment