Lunch is for Wimps

Explaining Modern Finance And Economics Using Booze And Broke Alcoholics

Billy Ray Valentine, Capricorn — Fri, 27 Jan 2012 20:12:58 +0000

Effective….. won’t take you long to read and it helps you see the common sense, or lack thereof in what’s happened.

-Billy Ray Valentine, Capricorn

Joe Granville: Dow Down 1,000 Points Each Quarter This Year

Billy Ray Valentine, Capricorn — Wed, 25 Jan 2012 18:51:31 +0000

“Market timer” Joe Granville believes the Dow will be down 4,000 points this year. His call is based on his proprietary market indicators. Enjoy the clip.

-Valentine

Filed under: Stock Market News & Analysis

Developed economies’ debt level by sector

dickpepperfield — Mon, 23 Jan 2012 16:41:13 +0000

A nice chart (click here)depicting the total debt, broken down by sector, for the developed nations, from creditwritedowns.com.

The UK stands out as having much more total debt than the US.

The household debt levels in Australia and Canada are high, relative to the US. It’s been argued that both countries are facing significant housing corrections in the near future.

- DP

Filed under: Economic Statistics

Natural Gas

Billy Ray Valentine, Capricorn — Thu, 12 Jan 2012 14:39:24 +0000

There’s tons of it in North America and companies are getting in line to export it.

-BRV

Filed under: Economics & Politics, International Economic News

Europe and Its $1 Trillion Problem

Billy Ray Valentine, Capricorn — Thu, 12 Jan 2012 14:31:34 +0000

Europe needs to raise $1 Trillion in debt to refinancing existing debt coming due and to finance budget deficits.

-Valentine

Filed under: Economic Statistics, International Economic News

Unemployment Rate to 8.5%

Billy Ray Valentine, Capricorn — Fri, 06 Jan 2012 14:20:25 +0000

Although the unemployment rate is down to 8.5%, the falling labor participation rate is still the major reason for the “improvement.” Here’s a post from Zero Hedge explaining the numbers.

-Valentine

Filed under: Economic Statistics

Charts of the Year

Billy Ray Valentine, Capricorn — Thu, 29 Dec 2011 20:09:08 +0000

Click here to see a chart plotting the Obama administrations forecasts of unemployment with the recovery plan that was passed, without the recovery plan, and actual unemployment (in red) which is far worse than both forecasts.

Here’s a chart of a hypothetical unemployment rate that assumes the labor force had been constant and not shrinking (due to people giving up).

Here’s a chart of wealth owned by the top 1% over the years. It’s down to steady contrary to popular belief.

An interactive map of uprisings in the Middle-East, Northern Africa.

Anatomy of a Collapse

-Valentine

Filed under: Economic Statistics, Economics & Politics

Gold!

Billy Ray Valentine, Capricorn — Thu, 29 Dec 2011 18:56:16 +0000

I thought this was an interesting opinion on gold. The price of gold is down significantly over the past few weeks as the article discusses. Enjoy.

-BRV

Filed under: Stock Market News & Analysis

ECB Balance Sheet

Billy Ray Valentine, Capricorn — Thu, 29 Dec 2011 17:05:53 +0000

The ECB’s balance sheet is growing like a weed. Here’s a good video clip summarizing.

-Billy Ray

Filed under: International Economic News

The European Problem in 2012

Billy Ray Valentine, Capricorn — Thu, 29 Dec 2011 16:42:46 +0000

An interesting chart here depicting the amount of debt troubled countries in the EU need to roll over in 2012 and corresponding yields on each country’s 10 yr treasury bonds. These countries need to roll over 1.7 trillion Euros of debt coming due in 2012.

-BRV

Filed under: International Economic News