Academic Skullduggery – How Ivory Tower Hubris Wrecks Your Life
Submitted by Eugen von Bohm-Bawerk via Bawerk.net,
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Business
"The Fed Is About To Make A Massive Mistake" Saxobank's Jakobsen Warns
Steen Jakobsen, chief economist and CIO of Saxo Bank, says the US Federal Reserve is on the verge of making a mistake about its projected rate hikes.
Equities Coil Despite USDJPY Turmoil As Bullish Stock Speculators Hit 16-Month Highs
Today's ultra-low volume, ultra-low-range equity market can be summed up thusly...
Before we get started, just two quick charts to shut the mouths of all those proclaiming this is a hated rally and that sentiment is shitty... it's not!
SEC - Do Your Job!!
Submitted by Tony Sagami via MauldinEconomics.com,
It looks like the SEC is finally ready to put a stop to accounting shenanigans.
The Securities and Exchange Commission is finally going to do its job and put a stop to the accounting hanky-panky that artificially inflates profits.
Monday Humor? The Hockey-Stick-Hype Of Stock-Market Hope
By now it is widely-known that earnings are collapsing (2016 global EPS growth has been slashed from +16% to +8.2% in the last few months), so many - rightly - ask, why have stock prices not careened off the proverbial cliff as "mother's milk" dries up? The answer is simple... Always-over-optimistic analysts are 'predicting' a humor-free 19% growth in global earnings in 2017...
A veritable miracle of hockey-stickedness. While this may seem like a 'risk' one should be compensated for taking, the story for 'bullish' investors get worse.