Categories

Latest Market News

Tools

  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts


    Why You Should Avoid Most New Mutual Funds
    China Stocks Tumble Most In Six Months; US Futures Lower As Key Risk Events Loom
    The Consequences Of Fracking: Two Clashing Views
    EMC Revenue At Risk In $10 Billion Document Security Market
    Is This IPO The Next Tesla?
    Why Most People Aren’t Downloading Apps Anymore
    Londoners Can Now Pay For Commutes By Waving Their Credit Cards—No Apple Pay Required
    The Truth Behind The Dangerous “Helicopter Money” Delusion
    4 Oil Stocks To Buy To Play The Permian Basin Oil Boom
    Microsoft: The Comeback Has Only Just Begun
    2 Of The Best Biotech Stocks To Buy Now
    Silver Futures Will Soon Pull Prices Out Of Recent Slump
    ADRs Dominate Early Trading On Wall Street
    Calpers Dumps Hedge Funds Citing Cost, To Pull $4 Billion Stake
    U.S. Safety Chief Raps GM’s ‘Flawed’ Culture On Recalls


    Santelli Slams America’s ‘Debt-Is-Wealth’ Mentality

    In American society, ‘debt’ and ‘income’ have become increasingly synonymous over the past 3 decades; but as Rick Santelli blasts (commonsensically), “they certainly shouldn’t be.” It appears the average joe has been led to this conclusion by the Central Banks. Rhetorically asking “where’s the horsepower in the economy coming from?” Rick reflects on the auto-loan fears we discussed earlier, santelli notes that 55% of used cars (and 30% of new cars) are financed by subprime lenders… and rages, “if we continue as a country to fuel our consumerism with debt, there is no way the bond market’s going to be wrong.”

    Click to read the full story

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    Why Worry? The Two Scariest Charts In The World
    ECB’s Predicament Leaves Peers Mute On Currency Depreciation
    Boeing-Lockheed Venture Said Teaming With Bezos On Rocket Engine
    As U.S. Farm Cycle Turns, Tractor Makers May Suffer Longer Than Farmers
    Russian Ruble Hits Historic Low Amid Sanctions
    Secret Reason Amazon Should Fear Alibaba
    States With The Rudest Drivers
    Wind Farms Kill Fewer Birds Than Towers, Cats
    Buick Winning Sales By Poking A Little Fun In Ads
    Study: Faulty Gas Wells, Not Fracking, Pollute
    Alibaba IPO Demand May Be Sinking Tech Stocks
    Germany’s ZF To Buy TRW Automotive For $12.4B
    Singapore And Hong Kong Race For Gold Benchmark – Use Brinks And Via Mat For Storage
    What Bull? 47 Percent Of Nasdaq Stocks In Bear Market, Down 24 Percent On Average
    Key Events In The Coming Week: Fed Votes, Scotland Votes, And More
    Empire Fed Spikes To 5-Year Highs; Employment Plunges To Worst Since December
    Do Not Let The ‘Strong’ Dollar Illusion Lead Your Wealth Preservation Strategies Astray
    Why The Rigging Of The Gold Market Matters
    Solar In Oil Drilling: Beat Them Or Join Them?
    On The Cliff At The Edge Of The “Permanently High Plateau”
    Automobiles Drag U.S. Factory Production Lower
    Heineken Confirms, Rebuffs SABMiller Bid
    Alibaba Worried About Facebook IPO As Considered Nasdaq Versus NYSE
    Startups Go Dutch For New Era In Manufacturing
    China Anxiety Knocks Shares, Oil
    Sinopec To Sell $17.5 Billion Retail Stake In Privatization Push
    Nissan Faces Battery Plant Cuts As Electric Car Hopes Fade
    Investors Team Up To Find Path Through Risky Dark Pools
    Central Banks Inflating ‘Elevated’ Asset Prices
    Rising Rates Pose Headwind For Stocks
    Read more from Investing...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sources


    close[X]

    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.