General News and Views

We’ve Seen This Movie Three Times In This Century – David Stockman

Leading Fed critic, former Reagan Administration Budget Director and author of the best selling book The Great Deformation: The Corruption of Capitalism in America, David Stockman tells Lindsay Williams that we have seen this act before. Stocks are in the…

Lindsay Williams Interviews Lee Adler for Fine Business Radio – South Africa

On Monday morning July 1, CNBC Africa’s Lindsay Williams interviewed Lee Adler of the Wall Street Examiner on Lindsay’s nightly radio show from Cape Town, Fine Business Radio. We chatted about where central bank rigging of the US stock market  would lead and where the market might…

New Hedge-Fund Landlords Learning the Price of Hubris – Free Russ Winter Podcast

This was intended for Thursday but is going up now. I will have a podcast for tomorrow posted. Jobs tend to be a lagging indicator but the dye is cast, make no mistake about it:  layoffs on are the way (see chart below). Much of this has been obscured so far by pre-election Obamanomics: essentially throwing government resources and […]

Wedge Between Poor Fundmentals and Market Prices Starting to Close – Free Russ Winter Podcast

“Artificially low rates are not good for anybody,” – BB&T CFO Daryl Bible Two and a half minute podcast: wedge developing between poor fundamentals, market prices and central effects. MIT online inflation survey out for month September showing steeply sloped. Recall in chart 2 the pattern of prior QE rounds on real hourly earnings as inflation robs their […]

The Gasoline, Distillate and Corn Cliffs- Free Russ Winter Podcast

Three minute podcast on this topic.  This is a particularly dicey time for new moon (this weekend) action over Iran, or  for Turkey going seriously over the border into Syria.  The reason, although California is stressed on gasoline supply, don’t rule out the East Coast. A national gasoline panic seems likely if inventories drop to […]

Watching High Frequency Economic Data – Free Russ Winter Podcast

Three minute podcast,  on today’s topics. More insane consumer behavior is being reported. Look at those student loans. Now we know where the device money comes from. August Consumer Credit rises $18.1B vs. expectations of $7.25B, prior -$2.45B (revised from -$3.3). Revolving loans up $4.3B, non-revolving (student loans) up $13.9. On percentage terms outstanding credit rose […]

Economy, Employment and the Permanent Fiscal Cliff – Free Russ Winter Podcast

Four and a half minute podcast available on this topic. A Reuters article covered various trends now taking place on the so called fiscal cliff (correct term should be permanent cliff- David Stockman’s term). A survey, by Deloitte, found that chief financial officers’ view of business prospects had darkened in the current quarter. Some 80 percent of U.S. CFOs […]