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Submitted by Chris Hamilton via Hambone’s Stuff blog, The growth of population has been the primary driver of global demand growth and growth in consumption.  Rising wages have been largely offset by rising prices (inflation), so the primary basis of growth in demand is good old growth in population…and the deceleration in population growth should […]Read More

As Bloomberg’s Nathan Crooks demonstrates, this is the maximum amount of money one can take out from a Venezuela ATM each day. For those wondering, the fistful of cash is worth about $25. The good news: those locals lucky enough to still have money in a Venezuela bank don’t need a wheelbarrow to carry it. […]

Many economic indicators are at their worst since the Great Depression … For example, we noted in 2009 that more Americans will be unemployed than during the Great Depression. We noted in 2010: The following experts have – at some point during the last 2 years – said that the economic crisis could be worse […]

Yuan devalues to lowest since 2011, US Services economy plunges, bonds rally, and USD drops… so why not extend yesterday’s manic stock gains… [embedded content] The short squeeze continues – “Most Shorted” stocks biggest rise in 2 months… On no volume on no volume once again… (lower panel shows relative volume)… The Dow outperformed on […]Read More

Submitted by Paul Rosenberg via FreemansPerspective.com, It’s really just a matter of time; the working man’s deal with his overseers is half dead already. But there’s still inertia in the system, and even the losers are keeping the faith. Hope dies slowly, after all. Nonetheless, the deal is collapsing and a new wave of robots […]Read More

Submitted by Thad Beversdorf via FirstRebuttal.com, I happened to be going through the Red Cross audited financials this morning (this is not typical morning reading for me but I’m doing some due diligence on another matter).  Under the Notes to Financials I came across the organization’s pension assets breakdown and what I found was a […]Read More

By EconMatters A lot of analysts think that $50 a barrel oil is as good as it gets for 2016, we think there is a substantial short squeeze coming in the oil market as we take out $54 a barrel over the coming months. We take a look at the EIA Weekly Petroleum Report in […]

Two days after Donald Trump released a clip in which he hinted at Bill Clinton’s sexual transgressions by featuring two women – Kathleen Willey and Juanita Broaddrick – who have made rape accusations against the former president, and then promptly escalated his attacks on the Clintons in an interview with WaPo in which Trump called […]

Now that all eyes have turned on China eager to find how it will react to a potential Fed rate hike in June or July, the question is whether the sharp Chinese devaluation unveiled overnight, which sent the Yuan to fresh 5 year lows, will be a one-off event, and whether the PBOC will intervene […]

The Lagos State Government on Wednesday signed a Memorandum of Understanding (MoU) to begin the construction of the 38km 4th Mainland Bridge. According to a released statement, it is expected to bring a 14-year old dream to reality as it is set to become a major milestone achievement in the 50 years existence pf the […]

Nigerian stocks closed trading in a positive note as the all share index rose +3.78%. Market capitalization at the close of trading was N9,706,088,326,414.30. Highlights of today’s trading session. NSE All Share Index 28,260.61 up 3.78% Market capitalization closed at N9.7 trillion. Volume of shares traded was 474,402,882.00 units Top Trades Company (By Volume) Volume […]Read More

Regiency Alliance Insuarance Plc has announced the appointment of Mr Clem Baiye, Mr Osayaba Matt Aikhionbare and Col Aminu Isah Kontagora (Rtd) as Directors. Their appointment is with effect from the 1st of January 2016. Source: NSE The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore […]