Business

By EconMatters

   Corn Market 2015

We end the year with a dump bump and the best analogy for US equity markets we could find all year... (Forward to 2:00)

https://www.youtube.com/watch?v=BB5LXF0c__g

Never Gets Old, sorry.

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WORST SINCE 2008...

2015 - the year when The Fed hiked rates for the first time in a decade to confirm its own narrative that "everything is awesome" and the US economy can handle 'normalization'.

And/Or

2015 - the worst collapse in US macro-economic data since 2008 on both an absolute and relative to expectations basis.

Via Dana Lyons' Tumblr,

A brief sampling of the best, worst and toughest financial markets of 2015.

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

Any serious reform has to start with the dissolution of the existing political parties and the Federal Reserve. Anything less is self-serving, pandering fantasy.

Well-paid econo-pundit Joseph Stiglitz has a new book that repeats the usual pandering fantasy that "reform" can fix what's broken with the U.S. economy: Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity.