Right, a bust. Cutting the indices in half is not a correction, it's a collapse.

Is the US in real trouble? We're about to find out

Not 80 years, but couple decades. Labor market is in serious trouble. What is more sad is that the US economy is barely scooting by and already due for another bust cycle. Notice that gold is now tracking with equities. Interesting.

Is the US in real trouble? We're about to find out

The boom in the boom and bust depends on consumption and debt. Let's give everyone a false sense of optimism! Think about it... the ECB could cut deposit rates to force banks to let go of capital. Same thing central banks do to citizens by keeping ...

Rock-bottom rates convert German savers to spending

The Fed already new about LIBOR rigging. They talked about it with the BoE. They didn't do anything because it wasn't in their jurisdiction. Neither central banks told anyone who could do something.

Fed Transcripts Provide New Details on 2008 Fed Libor Suspicions

Pretty good piece. I believe we will see sub-1% inflation for a while as the economy struggles and the Fed will stop tapering (although, I am not sure they would outright increase it).

China Hard Landing War-Gamed for World Economy

I wouldn't say risk is back on. After yesterday's decline (at least in US markets), today makes sense. They basically offset each other. AUDUSD up trend started Jan. 27th. Strong resistance at .9070, but uptrend still intact until PA closes below ...

Risk is back on dragging Aussie higher while gold goes along for the ride

Did they? I know their site is subscription, so I didn't bother. I think the Fed and BoE is being run by the same person.... unemployment is the key threshold for higher rates, and as that rate gets here they're ahhhh maybe we'll wait a little bit

Fed to Change Rate Guidance as Unemployment Falls, Minutes Show

How? That's what the minutes said.

Fed to Change Rate Guidance as Unemployment Falls, Minutes Show

Pretty sure US retail sales were last week.

3 Numbers to Watch: UK jobs, US chain store sales, US housing starts

Yes, right because a year of search, car sale and relocation is clearly a bright spot in the economy.

Igloo in Southern Portugal Shows Euro Economy on the Mend

Tell that to his family

Investment banker jumps to death from JP Morgan’s headquarters in Hong Kong

At least the third I have read about. Pretty sure either A) JPM is killing them off or B) JPM is in such shite no one knows about, they are just avoiding the inevitable. By the way, how does one die from repeated, accidental nail gun wounds? Who ...

Investment banker jumps to death from JP Morgan’s headquarters in Hong Kong

And what's also silly is financial traders see the global equity markets at all time highs, growth at lows but think the recovery is just bumping along.. Let the apples fall where they may, but to see US equities surge back to all-time highs with ...

Study says financial traders’ stress leads to ‘irrational pessimism’

Boo hoo

David Einhorn Wants The Name Of The Anonymous Seeking Alpha Blogger Who Revealed One Of His...

How do they unexpectedly fall? It's been the worse holiday season in years, and the economy is in the shitter. Economists need to dial it down from hopium to realistic.

Retail Sales in U.S. Unexpectedly Fell 0.4% in January

Two runs and your golden

The poor should stop whining, says luxury CEO

Man, what's going on with that AMAZING Chinese trade data lol. I guess you guys have to start faking data, too. With all seriousness though, employment has been an issue for you guys. Are there a lack of jobs? I know Australia is largely rural, ...

Australia Labour Force

Resistance was located at .9030, price action lingered. I mean if there is anything sure in this world, it's poor Aussie data.

Australia Labour Force