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One thing that most analysts are probably sure of in this earnings season is that FCMB will post a full year loss for its 2015 audited results. The beleaguered bank already issued a profit warning and confirmed investors fears after it reported a loss before tax of N6.4 billion for the three months ending September […]

Back in the summer of 2011, when we reported that Canadian banks appear dangerously undercapitalized on a tangible common equity basis… … the highest Canadian media instance, the Globe and Mail decided to take us to task. To wit: Were the folks at Zerohedge.com looking at the best numbers when they argued that Canadian banks […]

Being “paid to wait” in high-yielding stocks last year was a death by 394 cuts. As Bloomberg reports, the number of dividend reductions far surpassed 2008, almost 100 more than at the outset of the Great Recession – a time when the implosion of Lehman caused equity markets to plummet in the later stages of […]

Late last month, in what amounted to a tacit admission that nothing is working when it comes to pulling Japan out of its decades’ long stint in the deflationary doldrums, the BoJ adopted negative rates. Haruhiko Kuroda’s move to plunge Japan into the NIRP twilight zone (where it joins Denmark, Sweden, Switzerland, and the whole […]

Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity, The United States Preventive Services Task Force recently recommended mandatory depression screening for all Americans. The task force wants to force health insurance companies to pay for the screening. Basic economics, as well as the Obamacare disaster, should have shown this task […]

From omnipotence to impotence… Peter Pan(ic) is here… NKY is 1000 points below pre-NIRP levels and USDJPY is 4 handles lower (JPY stronger)… Simply put – not only are words not enough to create the only effect that Central Banks care about but their actions are now worse than doing nothing… Japanese Bank stocks are […]Read More

Submitted by Mac Slavo via SHTFPlan.com, Back in the 1970’s as recession gripped the world for a decade, stocks stagnated and commodities crashed, investor Jim Rogers made a fortune. His understanding of markets, capital flows and timing is legendary. As crisis struck in late 2008, he did it again, often recommending gold and silver to […]

Submitted by Robert Gore via StraightLineLogic.com, In a recent article, “How to Defeat Your Enemies,” we maintained that governments and their people were natural enemies, and that the most powerful adversarial tactic is “getting one’s enemies to fool themselves.” The article detailed the effective use of this tactic by Osama bin Laden and al Qaeda. […]Read More

Well, no one ever accused Jeremy Siegel of being bearish, but now he is at least less bullish after witnessing one of the worst Januarys for stocks in history. “I was far too bullish last December,” Siegel told CNBC on Monday, on the way to asking if central banks had the firepower to “counteract all […]

The total and utter failure of The BoJ continues to accelerate… With Japanese Bank stocks  leading the way, now down 25% since NIRP was unleashed (and 32% since the start of the year)… As we detailed earlier.. Following earlier comments from yet another Japanese talking head that deflation will be fixed any day now, the […]

Two years ago, just before Michael Lewis released Flash Boys starting a sharp if brief revulsion against parasitic, predatory High Frequency Trading frontrunners, which delayed Virtu’s IPO by one year, we broke down Virtu’s 2013 net trading income by product line. We were not surprised to find that of the $45 million in total growth, […]

With the fall in oil prices threatening Nigeria’s economy statbility, Nairametrics Founder, Ugodre was on CNBC Africa discussing business and investing opportunities available for in this bad economy. Watch the video here The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as […]