Authored by John Mauldin via MauldinEconomics.com,
The projected total US debt will be $30 trillion within 10 years, using the CBO’s own numbers. But the CBO also makes the rosy assumptions that there will be no recessions and that GDP will grow at a 4% nominal rate.
Now, that’s possible; I'm inclined to haircut it a bit.
Authored by Raul Ilargi Meijer via The Automatic Earth blog,
“The Cost of Missing the Market Boom is Skyrocketing”, says a Bloomberg headline today. That must be the scariest headline I’ve seen in quite a while. For starters, it’s misleading, because people who ‘missed’ the boom haven’t lost anything other than virtual wealth, which is also the only thing those who haven’t ‘missed’ it, have acquired.
Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver
As the broader markets casually melt-up to new record highs with each passing day, one small corner of the equity market is in full on meltdown mode: cable and satellite pay-tv providers. Down anywhere from 3-10% on the week, investors in this space seem to be finally admitting that record subscriber losses, quarter after quarter, just may end up being a bad thing.
As it turns out, it’s not what an executive says during a corporate earnings call that matters, it’s how much time they spend saying it.
Prattle, a market-research company that recently closed a $3 million seed round, claims to have discovered a surprising correlation between the length of time executives spend speaking during a quarterly earnings call, and the performance of a company’s stock over the short- and long term, MarketWatch reports.