Market Distortion in the News Industry


Newspapers have been unable to monetise the internet as an income stream. This is in part because the BBC website offers so much content for free (i.e licence fee-payer funded) that it heavily distorts the market and mitigates against charging for content. The BBC itself has been forced to recognise this and plans . . . → Read More: Market Distortion in the News Industry

Deflation Is Coming: Jay Taylor

Jay Taylor believes the biggest challenge facing the U.S.—deflation—could mean a better year, or even decade, for junior gold stocks. Taylor, editor of Jay Taylor’s Gold, Energy & Tech Stocks, has ridden some equities to the bottom of this punishing market and is ready to pile more cash into small gold companies. In . . . → Read More: Deflation Is Coming: Jay Taylor

Manufactured Numbers

So I really wonder if I surveyed folks in town and asked them what percentage of jobs were still in manufacturing I wonder what the modal answer would be?

The actual answer.. by one measure, is a speck under 7.7%.   Within a very insignificant significant digit of the lowest percentage since..  well, I can’t quite . . . → Read More: Manufactured Numbers

Economic Events on December 7, 2011

The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.

At 10:00 AM Eastern time, the Quarterly Services Survey will be released, showing the status of the information and technology-related service industries.

At 10:30 . . . → Read More: Economic Events on December 7, 2011