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View article: Congressional Spending Problem in Easy to Understand Format; It’s Only Make Believe
See the original post: Loan Default Rate Hits 11.23% in Spain, a New Record; Construction Defaults Hit 26.4%; Credit Plunges…
Late last month, Kyle Bass, managing partner of Hayman Capital, shared his thoughts in a video at the University of Virginia Darden School of Business Investing Conference with Professor Ken Eades. It is a fantastic interview that echoes many of the things I have been saying about Japan for quite some time.
Bloomberg reports Yen Falls to August 2011 Low Versus Euro on Stimulus Bets .
Boehner Floats Fiscal Cliff “Plan B” Both house speaker John Boehner and president Obama have given ground in the “fiscal cliff” drama. The sides are still far apart but concessions now are steady
Many have heard of normalized P/E ratios based on 10-year earnings averages and the concept of reversion to the mean. To the best of my knowledge no one has attempted to normalize unemployment rates based on demographic trends, although some have attempted unemployment normalizations based on changing definitions of the meaning of unemployment
Also consider Calpers Bankruptcy Strategy Pits Retirees vs. All Others .
Empire State Manufacturing Index Declines 5th Straight Month; Profit Squeeze Underway Posted by Michael Shedlock at 2:46 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)