WTFChartOfTheDay http://feedly.com/k/1i24IGm With stocks at record highs, ongoing commentary that retail is back and will lift all boats to infinity and beyond, it seems the professionals in the credit market are not amused. We have noted the ongoing divergence between the asset-classes for two weeks now but with today’s ultra-low volume drift higher in stocks, the drop in high-yield bonds is even more notable. The … Seguir leyendo WTF Chart Of The Day
USCapacityUtilisationisHistoricallylow http://feedly.com/k/1i24uPB According to this graph (open in a new window to view it properly), the US stimulus restored capacity utilisation from the worst plunge in the data shown, but nevertheless it is still relatively low by recent historical standards, which indicates that the US is far from full employment. Just look at where the rate was back in last booms of the golden age … Seguir leyendo US Capacity Utilisation is Historically low
Fracking Boom LeadingtoFrackingBust http://feedly.com/k/1aAJWX3 Climate Central has a look at the shale oil boom, quoting Dave Hughes and Arthur Berman – Fracking Boom LeadingtoFrackingBust. Scientists studying oil and gas well production data are beginning to question how long the boom will last, however, suggesting that a shale oil and gas bust may come sooner than expected, even as the industry insists that the boom has … Seguir leyendo Fracking Boom Leading to Fracking Bust
MysteryBehindSpanishBanks’ Extend-And-Pretend "BadDebtMiracle" Revealed http://feedly.com/k/HJiyzu One of the mysteries surrounding the insolvent, and already once bailed out Spanish banking sector, has been the question why reported bad loans – sharply rising as they may be – are still as relatively low as they are currently, considering the nation’s near highest in the Eurozone unemployment rate, and in comparison to such even more insolvent European nations … Seguir leyendo Mystery Behind Spanish Banks’ Extend-And-Pretend «Bad Debt Miracle» Revealed
IS-LMandEndogenousMoney http://feedly.com/k/HNylxF An interesting discussion here from Steve Keen on loanable funds versus endogenous money in economic models, and a recent comment by Paul Krugman about IS-LM and endogenous money: SteveKeen, “IS–LM (withendogenousmoney),” Debtwatch, November 5, 2013. shared via http://feedly.com Seguir leyendo IS-LM and Endogenous Money
Can Europe be Saved? Yesit can, saysJamie Galbraith http://feedly.com/k/HNyfWG Jamie explains the relevance of the ModestProposal (co-authored with Yanis Varoufakis and Stuart Holland). There is an alternative! The fulcrum of the Modest Proposal is an public investment-led recovery. In their words: The Investment-led Recovery and Convergence Programme (IRCP) will be co-financed by bonds issued jointly by the European Investment Bank (EIB) and the European Investment … Seguir leyendo Can Europe be Saved? Yes it can, says Jamie Galbraith
Hoy hablamos sobre los discursos que defienden la primacía del individuo y el mercado sobre cualquier otra cosa y si son compatibles con los valores fundamentales de la democracia. Con Emilio José y Chus Marcano. Conduce Juan Carlos Barba. Fotografía de Brintam Seguir leyendo Uno contra todos – Economía Directa 11-11-2013
Bruselas ha iniciado conversaciones para poder modificar la Directiva europea 2003/87 sobre derechos de emisión con el fin de poder regular la retirada de 900 millones de derechos del mercado y encarecer el coste de contaminar, lo que a su vez provocará una subida de los precios eléctricos, afectará al bolsillo del consumidor y a la competitividad de la industria europea. En concreto, Lituania, que … Seguir leyendo Bruselas prepara la retirada de derechos de emisión y augura una subida de la luz
Una noticia que a muchos le va a venir bien, pero que no es un buen augurio, ya que quiere decir que de salir de la crisis nada de nada. Se está intentando parar la caida libre y es imposible. Si las personas no tienen dinero para consumir da igual lo bajos que estén lo tipos no lo van a hacer. Si las empresas no … Seguir leyendo El BCE advierte que puede bajar todavía más los tipos de interés
As BitcoinPlunges 25% OnGovernmentScrutiny, TheFirstBTC "FairValue" Reco Has A StunningPriceTarget http://feedly.com/k/HOIASB It took literally minutes following ourreportfromyesterdaythat in addition to the ECB and Fed, it was the Senate’s turn to finally shine the spotlight on the most notorious electronic currency with a hearing titled "BeyondSilkRoad: PotentialRisks, Threats, andPromisesof Virtual Currencies" next Monday, for Bitcoin to tumble 25% from its all time high just shy of … Seguir leyendo As Bitcoin Plunges 25% On Government Scrutiny, The First BTC «Fair Value» Reco Has A Stunning Price Target
