ACC Archives

Tag: world
Panama Papers search goes public at 2 pm today

Image: VectorOpenStock.com Crowd sourcing is powerful. A million computers with a million users all sifting through a massive pile of information is the way to do it. There are only so many pieces of straw in a haystack. It must...

Citibank: World economy trapped in ‘death spiral’

The universe has patterns. Either go with the flow or pay later. Looks like we are “paying later.” A serious recession would be terribly trying particularly in light of the geopolitical jockeying going on right now. Acute financial pressure, and...

Economic “ghosts of the 1930s”

Sweden cuts interest rates to below zero. The rest of Scandinavia looks about. Deflation looms. Ukraine fights. Greece revolts. France and Belgium are coming to terms with terrorist attacks. Obama asks for permission to widen the war in the Middle...

David Stockman: In Praise Of Price Discovery

I think that it’s funny that David Stockman, Ronald Reagan’s former budget chief, starts his column with this sentence: “This morning’s market is more erratic than Claire Danes off her lithium.” Seems a little gratuitously mean. Accurate (?) perhaps but...

The Perfect Storm for Wall Street Banks

I hate the term “perfect storm” but the attached article makes some great points about bank exposure to energy prices. It should be noted that Charles Hugh Smith nailed it a month and a half ago; he said, “The 35%...

You have 0 items in your cart. Proceed to checkout?
Yes, please!