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Michael Johnston: ProShares added a pair of products designed for investors looking to bet on the short term performance of the often volatile financial sector today. Read more…
Michael Snyder: The cracks in the ice are getting bigger. At this point it is really hard to have much confidence in the global financial system at all. They told us that MF Global was an isolated incident. Well, the horrific financial scandal over at PFGBest is essentially Read more…
Jeff Nielson: On the same morning we hear that ¼ of Wall Street executives think that fraud is a necessarypart of “doing business” in the financial sector, we hear of a second “MF Global”. The U.S.’s so-called regulators are now reporting that somewhere Read more…
Michael Snyder: Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily Read more…
Michael Snyder: We always knew that the financial markets were rigged, but this is getting ridiculous. It is now being alleged that 20 major banks have been systematically fixing global interest rates for years. Barclays has already been fined Read more…
Jeff Nielson: There is more outrageous news out concerning the Western banking cabal, the crime syndicate otherwise known as our financial sector. The news was not that these banksters have openly admitted that they willingly/gleefully participated Read more…
Michael Snyder: What is the second half of 2012 going to bring? Are things going to get even worse than they are right now? Unfortunately, that appears more likely with each passing day. Read more…
Diane Alter: Late science fiction writer Ray Bradbury wasn’t referring to investors when he said, “you’ve got to jump off cliffs all the time and build your wings on the way down,” but he might as well have been referring to the upcoming fiscal cliff in 2013. Read more…
Joseph L. Shaefer: If I am doing right by our clients, subscribers, and online readers, it is my responsibility to advise what in my opinion should be avoided, as well as that which should be considered. Read more…
Michael Snyder: How is money created? If you ask average people on the street this question, most of them have absolutely no idea. This is rather odd, because Read more…
Michael Snyder: What is the biggest economic problem that the United States is facing? Very simply, our biggest problem is that we have way too much debt. Over the past Read more…
Diane Alter: Moody’s ratings agency issued five U.S. bank downgrades Thursday and a total of 15 cuts for global institutions, but markets shook off the news. Read more…
Martin D. Weiss: Even as I write these words, the world’s largest economy — the E.U. — is coming unglued at the seams. The world’s second largest — the U.S. — is careening headlong toward a fiscal cliff that promises to gut its GDP. Read more…
Michael Snyder: The summer of 2012 is shaping up to be very similar to the summer of 2008. Things look incredibly bleak for the global economy right now. Read more…
Michael Snyder: Another month, another bad jobs report. For the month of May, the U.S. economy only added 69,000 jobs and the unemployment rate rose to 8.2%. Read more…
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