Following the improvised and very confused bail-in of the Cypriot banking system in mid/late March, one of the key requirements was to contain the liquidity within territorial Cyprus, and prevent the outflows of critical bank funding liabilities – i.e., deposits – abroad thus causing a waterfall cascade of ever increasing capital needs and bigger and […]
Amid a firestorm about the Internal Revenue Service’s targeting conservative groups and wide concern that the tax service will be administering Obamacare, the IRS is also the subject of a class action
Three families of Navy SEAL Team VI special forces servicemen, along with one family of an Army National Guardsman, will appear at a press conference May 9th, 2013 to disclose never before revealed information about how and why their…
While everyone was focusing on the quantitative component of today’s BLS number, it appears what was once again missed in all the noise was the mention of the quality aspects of today’s BLS report: those parts which actually look at the quality of new jobs, not only their earnings power (which as we showed in […]
It is becoming ever clearer that the roaring boom in global equities since last summer has priced in an economic recovery that does not in fact exist. The International Monetary Fund has had to nurse down its global growth forecasts yet again….