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The Ongoing Global Financial Markets Collapse

by irdadmin | Jan 17, 2016 | Financial Markets, Market Manipulation, U.S. Economy

Video courtesy of Eric Dubin’s The News Doctors Remember the economic catch phrase, “when the U.S. sneezes, the world catches a cold?” The idea being that the U.S. is the economic engine of the world and if the U.S. economy tanks, the global economy...

Amazon.com: Has The Bubble Finally Popped?

by irdadmin | Jan 15, 2016 | Financial Markets, Market Manipulation, U.S. Economy

It’s good to no longer be a lone voice in the wilderness.  This latest commentary on the insane overvaluation of Amazon stock comes from Bill Bonner of Agora Research by way of the Acting Man blog: Every AMZN bear has been made to look like an idiot – but that...

The Financial Markets Are One Big Cartoon Network

by irdadmin | Jan 14, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

It seems to never end.  The markets do the opposite of what would be expected based on common sense and on undeniable evidence about the fundamentals.   Just this morning, for instance, the S&P 500 pops up overnight and then promptly goes red after the NYSE opens....

December Retail Sales? Expect More Census Bureau Fairy Tales

by irdadmin | Jan 13, 2016 | Financial Markets, Market Manipulation, U.S. Economy

The Government releases its retail sales report for December this Friday.   The Census Bureau is the front-man for this report, which means that we can expect something that conforms to the highest standards of statistical manipulation. But the truth is, we already...

Rail Freight Shipments Are Collapsing

by irdadmin | Jan 11, 2016 | Financial Markets, U.S. Economy

The pundits can disingenuously blame the crashing Baltric Dry Index  on container ship overcapacity and find some dopes to believe that fairy tale, but there’s only one explanation for collapsing rail freight shipment volume in the United States:  the consumer...
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