Yes, This Is An Equity Bubble

John P. Hussman PhD | Hussman Funds | 28 July 2014 After the 2000-2002 recession, the Federal Reserve remained fixed on holding down short-term interest rates in efforts to stimulate demand in interest-sensitive sectors of the economy. Corporations – particularly those with low quality balance sheets – were quick to take advantage of the low…

New bank law raises privacy fears

Catherine Hutton Radio NZ 24 April 2014 Catherine Hutton Attempts by the country’s banks to comply with new American tax legislation are raising fears about customers’ privacy. The United States is one of two countries – the other being Eritrea – that tax their citizens who live overseas, even if their income is generated in…

Bankers are Behind the Wars

Washington’s Blog April 18, 2014 All Wars Are Bankers’ Wars Former managing director of Goldman Sachs – and head of the international analytics group at Bear Stearns in London (Nomi Prins) –  notes: Throughout the century that I examined, which began with the Panic of 1907 … what I found by accessing the archives of each…