Tuesday, July 30, 2013
J P Morgan and Commodity Manipulation
The practices and methods of manipulating commodity markets, is a staple topic in financial journalism. Options, futures
and exotic forms of derivatives, often put under the microscope, gives rise to calls for substantive regulation. One area
of the commodity trade, seldom examined is that involved with physical commodities trading. With much fanfare, Under siege, JPMorgan to quit physical commodities, a Reuters announcement has many seasoned street professionals shocked. Read the entire article
4:44 am edt
Tuesday, July 23, 2013
Detroit City Bankruptcy Blues
The financial woes of Detroit were a long time coming. Even fume breathing onlookers cannot be shocked that Motown ran
out of fuel. So why should anyone cry the blues for a community that prides itself on the Dream Girl mentality. With apologies
to Fats Domino, the beat no longer plays.
Detroit City It was the finest city it was Yes, Detroit
City It was the finest city it was You don't need a lot of money To have a real good time
Read the entire article
5:03 am edt
Tuesday, July 16, 2013
U.S. & Europe Trade Deal Honeymoon
The Transatlantic Trade and Investment Partnership know as TTIP, is in the process of becoming the biggest trade agreement
ever negotiated. The current first five months for 2013, U.S. trade in goods with European Union, has over a 50 billion dollar
deficit for the US and is on pace for another record shortfall. Therefore, most economic observers would naturally view that
the United States is very eager to increase their share in the "Holy Grail" of Free Trade for the international
corporate economy. The first week-long round of talks concluded with a press release.
Read the entire article
5:22 am edt
Tuesday, July 9, 2013
The New Normal: Part-Time Employment
Intuitively, most observers sense that employment practices have changed dramatically from days gone by. Terence P.
Jeffrey in CNS News provides the stats on the disappointing jobs record performance. "Since January 2009, when Barack
Obama was inaugurated as president, the United States has seen 54 straight months with the unemployment rate at 7.5 percent
or higher, which is the longest stretch of unemployment at or above that rate since 1948, when the Bureau of Labor Statistics
started calculating the national unemployment rate." So what will employment prospects become as the economy struggles
to regain some modest semblance of prosperity? Read the entire article
5:40 am edt
Tuesday, July 2, 2013
Implications of a Pyrrhic Real Estate Rebound
The outlook for residential home ownership is much different from that of investor objectives in acquiring housing for
lease or rent. The varied values in regional markets overshadow the underlying trends that affect the long-term prospects
for a healthy home ownership real estate environment. Replacement costs, often ignored when it comes to the actual transactional
prices paid at title transfer has a long record of suppressing new construction. An equilibrium rebound, is certainly welcomed,
but what effect will the rise in interest rates have in this trend? Read the entire article
5:23 am edt
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