The Big Picture

“This is not some evil conspiracy of two guys sitting in a room saying we should let people create crony capitalism and steal with...

March PPI rose .7% m/o/m, below expectations of a rise of 1% but the core saw a .3% rise m/o/m, above the forecast of .2%. This brings...

Debt holders of Greece and Portugal continue to throw in the towel on the belief of getting fully repaid as 5 yr CDS in both hit record...

GE paid no taxes; Goldman Sachs paid $14 million last year. The GAO reported in 2008 that “two out of every three United States...

The Senate released its report on the financial crisis (posted in Think Tank here). It is a 650 page beast that I have only just begun...

United States Senate PERMANENT SUBCOMMITTEE ON INVESTIGATIONS Committee on Homeland Security and Governmental Affairs Carl Levin,...

Michael Burry: “Inside the Doomsday Machine with the Outsider who Predicted and Profited from America’s Financial Armageddon”

> Fascinating chart above via David Wilson of Bloomberg. It very much suggests that while Speculators may not have been the prime...

The Fed’s Beige Book said the economy “generally continued to improve.” “While many Districts described the...

~~~ Source: Deficits DO Matter, But Won’t Hurt Obama in 2012, Democratic Strategist Hank Sheinkopf Says Stacy Curtin Daily Ticker,...