December 19th, 2014
in Op Ed
by EconMatters, EconMatters.com
The Bond Market Bubble is Reaching Epic Proportions
The 10-Year Bond now has a Yield of 2.08% right before the all-important Fed Quarterly Meeting and Press Conference this Wednesday, the 10-Year basically lost 24 basis points in a week, and mind you the week right after the strongest Employment Report (a positive 321,000 jobs added for the month) since the Financial Crisis, capping what has been a remarkable year in added jobs to the US economy, even wages spiked 0.4 % with strong upward employment revisions for the prior months.
from Jesse's Cafe Americaine
In their zeal to exonerate some Wall Street wiseguys associated with the infamous insider trading ring involving SAC Capital, the sophists on the 2nd US Court of Appeals, located in lower Manhattan near Wall Street, just issued the equivalent of the Dred Scott decision for US markets.
"Although the government might like the law to be different, nothing in the law requires a symmetry of information in the nation's securities markets." Barrington Parker, 2nd U.S. Circuit of Appeals Judge
Cancer Council Australia and the Prostate Cancer Foundation of Australia yesterday released new draft guidelines to help GPs counsel men who ask about prostate cancer tests. They advise GPs to explain the pros and cons of testing and, if the man wants to proceed, to give him a prostate specific antigen (PSA) blood test every two years between the ages of 50 to 69.
December 17th, 2014
in Op Ed
Written by Frank Li
Note: all my articles under the framework of WMDs, Germs, and Economies are for two main purposes:
1) Predicting the future, 25 years ahead.
2) My next book "China vs. America".