Silver as an investment

Tag Archives: Wall Street

These Are The Wall Street Jobs Most Threatened By Robots / by Tyler Durden / Oct 18, 2017 5:45 PM Cashiers at fast food restaurants aren’t the only workers who should fear being imminently replaced by kiosks and artificial intelligence. Advances in machine-learning software could soon render many high-paying Wall Street jobs obsolete – jobs that will no doubt quickly disappear as electronic trading in equities and […]

How The Elite Dominate The World – Part 2: 99.9% Of The Global Population Lives In A Country With A Central Bank

Even though the nations of the world are very deeply divided on almost everything else, somehow virtually all of them have been convinced that central banking is the way to go.  Today, less than 0.1% of the population of the world lives in a country that does not have a central bank.  Do you think […]

This is the craziest mortgage scheme I’ve ever seen / Simon Black / October 11, 2017 The Great Financial Crisis happened because Wall Street was financing homes for people who couldn’t afford them. Leading up to the GFC, there was a voracious appetite from investors for “AAA”-rated mortgage debt. So lenders would make lots of loans to subprime borrowers and sell them to Wall Street. […]

Chris Whalen On The CDO-Redux & Inevitable “Catastrophic Systemic Risk Event” / by Chris Whalen via The Institutional Risk Analyst / Oct 1, 2017 5:20 PM “The great wheel of circulation is altogether different from the goods which are circulated by means of it. The revenue of the society consists altogether in those goods, and not in the wheel which circulates them” Adam Smith, 1811 This week […]

Big Shrink Bulks Up in India, Guts US Jobs, to Please Wall Street / by Wolf Richter / Sep 28, 2017 But IBM’s strategy isn’t working out.  In its long and illustriously checkered history as technology pioneer, IBM has more recently become famous for three things: 1. Apparently endless revenue declines. IBM has booked 21 quarters in a row of year-over-year revenue declines. Annually, revenues peaked in 2011 at $106.9 billion […]

Senator Elizabeth Warren Expresses Skepticism about SEC Chair’s Real Agenda / By Pam Martens and Russ Martens / September 27, 2017 Donald Trump’s pick for Chairman of the Securities and Exchange Commission, Jay Clayton, had good reason to be nervous yesterday morning as he prepared to testify before the U.S. Senate Banking Committee. The ranking member of that Committee, Senator Sherrod Brown, had previously made […]

Wall Street, Not Waiting on Mnuchin, Readies Debt-Limit War Room (Sifma revisiting, revising 2011, 2013 contingency plans) / by Anthony B Sanders / August 30, 2017 (Bloomberg) The key industry groups that seek to prevent seismic disruptions in the world’s biggest debt market aren’t waiting around to see if Treasury Secretary Steven Mnuchin can get Congress to lift the debt limit before America exhausts its borrowing capacity. The Securities Industry and Financial Markets Association, the $14.1 trillion […]

Wall Street Cries Wolf on Stocks – Economy / KURT KALLAUS / 08/28/2017 There is no question that the stock market is richly valued and the economic expansion since the 2008 mortgage debt panic has endured far longer than normal cycles. Recent pessimism has arisen with major Banks and analysts warning that the sky may start falling soon. (Bloomberg: Wall Street Banks Warn Downturn Is […]

Ron Paul Warns “50% Stock Market Plunge Conceivable… And It Won’t Be Trump’s Fault”

This report was originally published by Tyler Durden at The former Republican Congressman from Texas believes escalating dysfunction in Washington will create even more pain for Wall Street. Speaking on CNBC’s Futures Now, Ron Paul warned: “A 50 percent pullback is conceivable…I don’t believe it’s ten years off. I don’t even believe it’s a year off. “ Paul noted […]

Corporate Media Continues to Pump Out Fake News on Wall Street Crash of 2008 / By Pam Martens and Russ Martens / August 15, 2017 When there is an epic financial crash in the U.S. that collapses century old Wall Street institutions and brings about the greatest economic collapse since the Great Depression, one would think that the root causes would be chiseled in stone by now. But when […]