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Archives by Year:
Yen Climbs; Asia Stocks Drop
Japan’s yen rose for the first time in seven days as Finance Minister Taro Aso said its decline has been too fast. Most Asian stocks fell, with the regional index headed to its biggest weekly retreat since mid-October, while crude oil climbed for a second day. The yen added 0.4 percent to 117.77 per dollar […]
Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash
The impossible is possible. Never say never. Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time. As Valuewalk reports, in receiving a one year prison sentence, Sigurjon […]
“The Confidence To Invest”
You may recall our announcement back in September that Business News Network (BNN) in Canada partnered with MoneyShow to create an exciting new program at The World MoneyShow Toronto 2014: The Confidence to Invest. The one-hour special was recorded onsite at the conference and is now airing during prime time on BNN! Watch now The Confidence […]
Finexkap Raises $22.5 Million To Launch France’s First Online Working Capital Platform
Working capital issues, often driven by unpaid invoices, are the catalyst for 25% of SME bankruptcies in France. Finexkap is working on changing all that with their online working capital financial platform, a first in France. Photo Credit: PR, co-founders Arthur de Catheu and Cédric Teissier In order to scale-up development and launch lending activities before […]
Rail Week Ending 15 November 2014: Another Soft Week Inside A General Growth Cycle
Econintersect: Week 46 of 2014 shows same week total rail traffic (from same week one year ago) grew according to the Association of American Railroads (AAR) traffic data. Rail growth this week continues to demonstrate an improving economy – but the rate of growth softened in all of the rolling averages reported below. Rail counts are growing […]
US Daily Cash Deficit
The US Daily Cash Deficit for Wednesday 11/19/2014 was 9.2B bringing the November 2014 deficit to $62B and the 2014 YTD deficit to $609B. Click on picture to enlarge As expected revenues have pulled back to even as last year’s TARP revenue failed to come through this year….not a surprise. Outlays continue to slowly gain […]
Bull Of The Day: Ethan Allen
It’s been 2 years since Ethan Allen Interiors Inc. (ETH – Snapshot Report) was a Zacks Rank #1 (Strong Buy). The furniture retailer recently easily beat the Zacks Consensus in the fiscal first quarter and analysts have been raising full year estimates. Furniture is back! Ethan Allen is an upscale home furnishing retailer. It operates 300 design centers in […]
Big Tobacco Launches A “Safer” Cigarette. It Won’t Stem The Decline
You have to hand it to Big Tobacco. As an industry, it’s a survivor. It’s doing everything it can to reinvent itself in a world in which its core product—cigarettes—becomes more of a social pariah with every passing year. Let’s take a look at what Big Tobacco is up to and what it might mean […]
10 Examples Of The Social Decay That Is Eating Away At America Like Cancer
It isn’t just our economy that is crumbling. Something is happening to America that no amount of money will be able to fix. Everywhere around us we can see evidence of the social decay that is systematically eating away at the foundations of our society. It can be found on the streets of our inner […]
Have Central Banks Entered An Undeclared War?
The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy. I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), the won (South Korea), the Australian dollar (AUD) and the U.S. […]
