Contradictions are hard to bear. Median U.S. household income in 2012 is $51,017 a year, down from $51,100 in 2011 http://money.cnn.com/2013/09/17/news/economy/poverty-income/index.html vs The United States posted a fifth successive year of rises in… Continue reading
Forget the unemployment or the inflation. 5 years of QE and these are the headlines. Chart of The Day : Do Recoveries Belong To the Rich ? http://pragcap.com/chart-of-the-day-do-recoveries-belong-to-the-rich?utm_source=dlvr.it&utm_medium=twitter Saez and Piketty’s research shows… Continue reading
The most talked about topic for the past weeks has been the Indian current account woes and their worsening deficit etc which led to the rupee tumbling to historic lows. The irony is,… Continue reading
Wealth creation is an amazing thing which I have been thinking about recently, after being courted to join the Nuskin network. It is entirely possible to create value in anything and everything and… Continue reading
Ad Hoc Commentary – higher margins on CME suggests Fed taper will happen after welfare cuts
byWhen our favorite S&P 500 opens later today, we will be waking up to higher margin requirements. In fact, all equity indices on the CME will be waking up to higher margin requirements:… Continue reading →