Categories

Latest Market News

Tools

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


    Time To Rethink The Rupee
    Banks Will Keep Doing FX Stuff That Got Them In Trouble
    Chinese Stock Bubble Frenzy Returns; US Futures Flat Ahead Of Today’s Pre-Holiday Zero Volume Melt Up
    This October The World Will Change — ‘China Is Preparing For Something Big’
    What Bitcoin’s History Means For Its Future: Q&A With Nathaniel Popper, Author Of ‘Digital Gold’
    Invest Like The Best: Seven Buffett And Lynch-Inspired Stock Buys
    Apple Watch Orders Fell Sharply After The First Day And Haven’t Grown Since, A Shopping Data Firm Says
    Lean Times For The Diet Industry
    A Chinese App That Steals WiFi Passwords Just Raised $50 Million
    This Tech Company Had A Blockbuster First Day Of Trading Following IPO
    Google Maps Just Got Way Better
    $1,397 An Hour! Top Paid McDonald’s Execs
    Lumber Liquidators Plunges As CEO Resigns
    Pain And Pleasure: IPOs
    Seven Stocks Are Like Giant Piggy Banks


    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.

    U.S. Drivers Yield ‘Swing’ Oil Demand Crown To Saudis
    Stocks Get That Friday Feeling As Stimulus Trumps Growth Concern
    Wal-Mart To Bring In-house Some Sourcing Handled By Li & Fung
    Charter In Talks With Time Warner Cable Over Bid Likely Above $170 Per Share: WSJ
    HP Sells $2.3 Billion China Unit Stake To Forge Partnership With Tsinghua Unigroup
    Bank FX Fine Scorecard (Follow Along At Home!)
    New Archeological Discovery Suggests Our Ancestors Evolved Far Earlier Than Previously Thought
    China Is Lending The World’s Most Indebted Company Another $10 Billion
    The Tech Portfolio Built To Beat The Market
    What’s The Plains All American Stock Price After The California Oil Spill?
    This Startup Valuation Chart Shows The World’s Most Valuable Startups
    How To Play Yahoo! Inc. Stock After Tuesday’s Sell-Off
    You’ll Never See A Better Moment To Invest In China
    Here’s The Real Scoop On Apple Watch Demand
    The War On Big Food
    The BP Oil Spill Killed A Lot Of Dolphins
    Another Hong Kong Stock Disaster As Goldin Loses $25 Billion
    This Is The Latest $1 Billion Tech Company To IPO
    Cancer Charities Agree To Dissolve Amid Fraud Claims
    KFC Is Making Plans To Get Back On Top In The U.S.
    Best Buy Profit Beats On Strong Demand For TVs, Smartphones
    CVS To Buy Pharmacy Services Provider Omnicare For $10.1 Billion
    Futures Lower As Fed Rate Hike Seen Further Out
    Lenovo Annual Profit Up 1 Percent, Missing Forecasts, Amid China Smartphone Competition
    Deutsche Telekom To Consider Partner For T-Mobile US
    Shares Subdued By Mixed China, Euro Zone PMI Data
    Small Food Makers On Fast Path To U.S. Store Shelves, Threatening Big Producers
    Five Banks To Plead Guilty To Criminal Rigging Charges, Pay $5.6 Billion For Manipulating Markets
    The Market’s One-Sided Game Of Chicken
    Delayed Fed Rate Hike May Not Help 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.