Daily Archives: 08/01/2012

The 1-3-6 Month Treasury Bill Yields are not Signalling the All Clear

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by John Galt January 8, 2012 20:45 ET The incessant screaming that the markets are fine, the economy is recovering, and don’t worry about Europe as we’ll bail them out and life will move forward into a new era of unicorns flying across the skies, painting them purple as they poop rainbows and Skittles. Of course what the bubblemedia, economists, and some biased news broadcasters, er, scratch that, all biased newscasters, will not tell the average viewer is that literally hundreds of billions of dollars…

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The Big Crash your Mother Told you About but CNBC won’t

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by John Galt January 8, 2012 19:00 ET There really isn’t much to add to this other than if anyone thinks this “decoupling” and crash will not impact the U.S. markets at some point, then those individuals are smoking the same hippie lettuce that old Monti is. (Chart is from Yahoo Finance. Click to enlarge)

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Monti must be on Drugs: Italian PM says Euro is not in Crisis

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by John Galt January 8, 2012 18:30 ET The headline in tonight’s edition of the UK Telegraph caused me to do a double take, and the article in full (at the link below) was even more insane: Italian Prime Minister Mario Monti: ‘The euro is not in crisis’ Uh, since when did Italy go Dutch? This is the most absurd headline of the day but the story only makes it better when one starts reading the details inside of it: “The euro is not in…

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WORLD TIME

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