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One week ago, we observed an unexpected spike in the yield spread of Connecticut bonds over AAA-rate munis: There were two specific catalysts for the spike in yield: First was last week’s disappointing bond auction, as a result of which CT bond risk has spiked to 65bps over the benchmark,  a record spread demanded by […]

While The Donald may proclaim that “Hispanics love me,” it appears some – that is to say hundreds – are not yuuge fans. [embedded content] As Reuters reports, Mexicans celebrating an Easter ritual late on Saturday burnt effigies of U.S. Republican presidential hopeful Donald Trump, as hundreds of cheering residents yelled “death” and various insults […]Read More

Last week, when looking back at consensus economist forecasts for Japanese growth as of 1995, we compared what the pundits thought would happen, and what actually did happen: the result was what may have been the worst forecast of all time, leading to a 25% error rate in just five years later. It also unleashed […]

Submitted by Chris Perrin via TheAntiMedia.org, There’s a reason most parliamentary and presidential democracies have more than two political parties, and both Trump and Sanders are examples of why. Both nominee-hopefuls have increasingly come to represent polar opposites of the singular problem that the American two-party political system is suffering from: Stagnation. With only two parties, what this […]Read More

As part of Trump’s blistering, unconventional and very unexpected rise to the top of the Republican presidential nominee ranks, he has seen his share of threats – some serious, most in jest – to both his person, and in some cases his life. Apocryphally, some commentators have predicted that a Trump presidency would be such […]

“Overall, I’d be rather cautious about investments in equities…”  the editor and publisher of the Gloom, Boom & Doom report told CNBC’s “Fast Money” traders this week. However, “over the last 12 to 24 months, many sectors have had huge declines,…And I see here, there are some opportunities.” “…US markets are over-valued.” Faber also added […]Read More

Via OrientalReview.org, Earlier this month while delivering a public lecture in Kiev, “The Challenges of an Ever-Changing World,” former US Secretary of State Condoleezza Rice made an inspiring remark for anyone who might have been thinking that life in Ukraine was bad: “You should go to Liberia where the standard of living is much lower, […]

As TVIX, the double-levered long VIX ETF unleashed in Nov 2010, decays to record low prices… An unusual (and almost unprecedented) event has occurred. Just as we saw in Gold ETFs, and Oil ETFs, TVIX Shares Outstanding have exploded by a stunning 225% in the last 4 weeks… [the last 3 times TVIX has undeergone […]

Authored by Paul Craig Roberts, An address delivered to the Libertarian Party of Florida on March 23, 2016 in Destin, Florida To answer the question that is the title, we have to know of what the US consists. Is it an ethnic group, a collection of buildings and resources, a land mass with boundaries, or […]

This table lists the names of Board of Directors of Top Nigerian Banks. The table is updated once we have the following information. Press release by the banks that a new director has been appointed Annual report of the bank. We also welcome information from our visitors in the event that our records are not […]

Guaranty Trust Bank (GT Bank) 10 year financial summary. GTB 10 Year Financial Summary The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for […]

This table summarizes Nigeria’s total budget since the year 2000. The budget is divided into recurrent and capital expenditure only. Recurrent expenditure includes, recurrent non debt service expenditure, debt service and statutory transfers. Capital expenditure includes capital expenditure, service wide votes and capitalized interest payments. Nigeria’s Budget Since 2000 The post above and its ensuing […]