2011

The Finance Addict writes : "We need to put our cynic hats on and start questioning why it is that the SEC isn’t getting any. My guess–it’s no accident."

Look at this chart of the sovereign credit default swap wideners today. Every single name is European. The only one with a sub-10% default possibility is Sweden, and they are not in the euro zone. That tells you something, doesn’t it? I…

Here’s more from Warren Buffett on CNBC this morning. This time he talks to Becky Quick about ‘Too Big To Fail’. CNBC host Joe Kernen takes sides with the Occupy Wall Street protesters and asks Buffett whether we can regulate them to “keep…

The escalation of the European debt crisis and mounting evidence of new economic contraction has increased the scrutiny on the region. Yet it seems like many observers may be failing to grasp several important points, including the nature…

Happy Monday! Today in this last week before Thanksgiving, we are launching our fundraiser to help pay for this site’s maintenance. I have had the distinct pleasure of funding this site out of pocket for the last three years. I am asking…

More bad news for eurozone as industrial sector shrinks - Telegraph The region's woes intensified as official Eurostat figures showed industrial production fell 2pc, more than reversing a 1.4pc increase in August. Portugal and…

Economic data has been of tertiary concern to the market recently, overwhelmed by the drama in Europe. Given that the drama may die down, with new governments in Greece and Italy, the economic data may become somewhat more important.

Warren Buffett was on CNBC this morning for three hours talking about a whole range of issues from the European sovereign debt crisis to too big to fail to housing in the US to penalties for corporate crime. The video of Europe is below,…

In this interview from late October, Professor Bill Black tells us what he would demand, if he marched with Occupy Wall St. to the New York Fed.

For all practical purposes the Fed has done it all. And yet unemployment remains at depression levels of over 9% (and over 16% the way it used to be calculated not long ago) and the only thing keeping what’s called ‘inflation’ over 1% is a…