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Posts related to ‘Austerity’

bank vault

2013 Fed Bank Stress Tests Have Only One Failure, Dividends Await

Posted: March 7, 2013 at 4:57 pm

The Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends ...
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Government Spending Cuts Are Here, But You Really Wanted It!

Posted: March 1, 2013 at 1:00 pm

President Obama gave his speech today about the spending sequestration kicking in. We are going to skip the politics on the matter because frankly we have developed something called Cronic Ridiculously ...
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greek flag

European Unemployment Rises Again

Posted: March 1, 2013 at 6:40 am

Euro area unemployment rose again, a sign that austerity has not helped alleviate economic markets and likely has caused an erosion of jobs. According to Eurostat figures: The euro area (EA17) seasonally-adjusted unemployment rate was ...
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bank vault

The Seven Safest Banks in America for 2013

Posted: February 26, 2013 at 5:01 am

The U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, ...
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greek flag

New Austerity Protests Rattle Greek Economy

Posted: February 20, 2013 at 7:00 am

The masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a large national strike to protest ...
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Money, US, $100 bills

Twenty Sinful Companies to Give Up for Lent

Posted: February 13, 2013 at 6:39 am

As Fat Tuesday quickly turns into Ash Wednesday, Lent will take place from Wednesday, February 13 to Saturday, March 30 in 2013. It may not seem like much on the ...
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Euro

Europe Adopts Seven-year Austerity Budget

Posted: February 8, 2013 at 12:04 pm

U.K. Prime Minister David Cameron prevailed in his determination to reduce the European Union’s (EU) seven-year project budget, the first time in the 27-member group’s history that the project budget ...
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U.K. Pushes for More Austerity in the EU Budget

Posted: February 8, 2013 at 6:50 am

The austerity philosophy of U.K. leaders is about to insinuate itself into the European Union budget, which already covers a region in which national austerity has become a habit, and ...
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U.K. GDP Disappoints

Posted: January 25, 2013 at 6:40 am

Just as U.K. Prime Minister David William Donald Cameron announced his future plans for his country's membership in the European Union, there are signs that his austerity plans for Britain ...
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Railroad

The 11 Companies That Will Rebuild America’s Aging Infrastructure

Posted: January 16, 2013 at 11:01 am

A report this week from the American Society of Civil Engineers shows just how bad the state of infrastructure in the United States is and how much spending is needed ...
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Germany

Germany Cuts 2013 GDP Forecast

Posted: January 16, 2013 at 10:21 am

For further evidence that the eurozone’s infatuation with austerity is not working, look no further than today’s announcement from Germany that the largest economy in Europe will post 2013 GDP ...
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Money, US, $100 bills

Stocks to Buy for the Coming Rise in Interest Rates (UBS, AMTD, SCHW, LNC, UNM, HIG)

Posted: January 15, 2013 at 9:42 am

We recently wrote that shorting the Treasury bond market may very well be the next biggest short-sale trade since the subprime mortgage short. While rates have dipped a little in the ...
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Support Grows for Mario Monti

Posted: December 27, 2012 at 6:48 am

Mario Monti, who recently resigned his post as the prime minister of Italy, may be back again. For proponents of the current austerity plans, his return would be good news. ...
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Gun and Ammo Sales Not Just Surging — AR Guns, Ammo and Magazines Sold Out

Posted: December 20, 2012 at 8:34 am

Earlier this morning we ran a piece showing that gun and ammunition sales have blasted off since the Newtown massacre. The reality is that gun, ammo and magazine sales went into an ...
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White House South Lawn, Blue Sky, Washington, DC, USA

Obama’s Gun Control Efforts Set Deadline by End of January

Posted: December 19, 2012 at 12:20 pm

We have warned after the Newtown massacre that more gun control efforts would be coming down the pipe. New York City's Mayor Bloomberg has called on the President to lead ...
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