Category Archives: Main Page

Congress unanimous: staffers don’t have to disclose financial transactions

Background checks for guns couldn’t pass, but Congress did find common ground in passing a new loop hole to the barely minted Stop Trading on Congressional Knowledge (STOCK) Act.  The usually too-divided-to-act US Congress found the consensus needed to set … Continue reading →

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Copper signalling global recession

The dramatic weakness in commodities and mining companies over the past week extends the secular decline we have noted since 2008. But on a shorter-term window, since 2011, price weakness in these sectors has been signaling the onset of a … Continue reading →

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Stories worth noting this morning

CALPERS actuary admits math:  says time for deficits to be caught up through a fixed increase in contributions.  This marks the beginning of a new mindset and necessary contribution hikes in pension plans that will replace the “extend and pretend” … Continue reading →

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