Category Archives: Editorial

If you don’t believe financial markets are well and truly broken Monday’s tepid response to the Greferendum should be dispositive. The house of cards known as the Eurozone is about to hit the wall, unleashing financial contagion and turmoil far and wide. … Continue reading →

More details from the WSJ: Greece formally requested a three-year bailout from the eurozone’s rescue fund Wednesday and pledged to start implementing some of the overhauls demanded by creditors by early next week, according to a copy of the request … Continue reading →

Gov. Hassan justifies her veto of SB 116, Constitutional Carry bill, by quoting New Hampshire’s Racist and Homophobic former Governor Thomson. Governor Maggie Hassan has vetoed SB 116, repudiating the 1974 amendment to the NH Constitution guaranteeing that “Equality of … Continue reading →

FREEMANSPERSPECTIVE These words (which I picked up from Abraham Joshua Heschel) are true, even if it doesn’t seem like it. Humanity may be blind – willingly blind – for sickening lengths of time, but mankind is not always blind. Our … Continue reading →

For a record 12th day in a row, Chinese margin debt balances have dropped with today’s 8.5% collapse the largest in history. As of last night, there were around 570/1694 Shenzhen stocks halted/suspended and hundreds more on the Shanghai bourse … Continue reading →

by Brenton Smith Deciding when to retire should not be a complicated matter. Unfortunately the Internet is making it so by amplifying bad advice to seniors suggesting that waiting to collect benefits is not only sensible but well worth the … Continue reading →

h/t Wirecutter via Hans

What do you do when two policy rate cuts, $19 billion in committed support from a hastily contrived broker consortium, and a promise of central bank funding for the expansion of margin lending all fail to quell extreme volatility in … Continue reading →