Stock Market Falls Dramatically As Fed “Backing Away From Easy-Money Policies”
Friday’s huge drop in the stock market is being attributed to market worries that the timeline for QE-free money is rapidly coming to an end, and that a rate hike could bring the economy screeching to a halt… (Continue to full article)
Today we had the expected correction in the markets. It was the first stock market move greater than one percent since the Brexit decision in July. Stocks came down hard on nothing particularly new. And bonds followed as yields rose, and the reckless pursuit of returns without regard to risks reversed… (Continue to full article)
Boston Fed Head Backs Interest Rate Hike
GREED – it’s what’s for dinner – and WE are the dessert… (Continue to full article)
Stock Bubble Will Pop, Social Mood Will Get Ugly
‘Round and ’round the cobbler’s bench
The monkey chased the weasel,
The monkey thought ’twas all in fun
Pop! Goes the weasel. (Continue to full article)
Dell Lays Off 3,000
Requests 5,000 Worker Visas. If it’s Dell – it SMELLS!!! (Continue to full article)
Wells Fargo Fined For Massive Consumer Fraud
One of them could be my mortgage – OOPS! Close the account… (Continue to full article)
One-Percenters Now Destroying Dollar Stores
Making sure that the little guy has nowhere to shop… (Continue to full article)
What’s Killing the Jobs Market?
The terrible job market has vexed an entire generation. It shows no hope of improving anytime soon. Young people are shut out. College students are taking refuge in matriculation without end. Thirty-somethings are zoning out in their parents’ basements and attics. Despair for the future has become a theme of American public life… (Continue to full article)
Who are Worse Liars, Central Bankers or Politicians?
It matters not – it is an incestual relationship… (Continue to full article)
Back At Great Depression Levels: “Millions Of Strong Young Men Just Sitting Around”
Someday when people look back, they won’t be surprised by the horrific collapse. They’ll be surprised the system was able to hold together as long as it did… (Continue to full article)
Duke Ellington with Paul Gonsalves
Crescendo & Diminuendo In Blue
This is the hit performance at the Newport Jazz Festival in 1956, which is now considered jazz folklore. Ellington calls it “The Wailing Interval” or “Blow By Blow.”
Gonsalves almost created a riot as he played a tenor sax solo for 27 choruses that stirred the crowd into a frenzy!
This shamefully under-rated and largely ignored tenor-sax giant delivers a lesson here on how to play, and swing, the blues.
Life, Liberty & All That Jazz may be heard at 1:00 p.m. (Eastern Time) for TWO-HOURS, each Monday through Friday on The Micro Effect.