Posts Tagged ‘jr. deputy accountant’

Happy Birthday Jr Deputy Accountant and Thanks To You, Ben Bernanke

I truly love this site and JDA’s constant commitment to speaking her mind, delivering lively commentary on economic events, and throwing in the perfect picture to go with it. So Happy 2nd Birthday, JDA!! – Ilene 

Happy Birthday Jr Deputy Accountant and Thanks To You, Ben Bernanke

Courtesy of Jr. Deputy Accountant 

I can’t believe it but it’s been two years. Two long, exciting, thrilling, mind-numbing years.

Couldn’t have done it without you, stalker, commenter, subscriber, reader, casual checker outer, supporter, donor, asshat and nemesis. I’d especially like to thank Ben Bernanke for making this moment possible, were it not for his constant shenanigans, I would not have had a single thing to write about these past two years and my little world would be that much emptier.

Thanks to TLP for carrying the load when Google is pissing me off and/or hating and being my constant source of entertainment when everything else sucks raw donkey balls.

Thanks to brilliant folks like WC VaronesSkeptical CPA and Michael Panzner for cheering me on in those dark months of 2008 when everything was going awry and I couldn’t write fast enough.

Thanks to my wonderfully strange readers who delight and fascinate me all while feeding my constantly hungry ego.

And thanks most of all to J.P. Morgan and the fine Rothschild family; were it not for your hard diabolical work, I really wouldn’t have anything at all to say as this world just wouldn’t need me.

While I’m thrilled to say JDA is celebrating two years on this trip, I have to say I certainly didn’t think I’d still have so much to write about on the financial doomsday front two years later. Oh well. See you kids in a decade, I’ll still be here bitching about Fed asshats and the pending commercial real estate collapse, I’m sure. 


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What I’m Beating TLP With This Week

Here’s Jr. Deputy Accountant’s weekly reading assignment. She has a terrific sense of humor, the kind needed to keep a positive attitude while reading details. – Ilene 

What I’m Beating TLP With This Week

It’s been a long exciting week filled with Greece action, Obamacare, and failed Treasury auctions. Since JDA’s resident paperboy doesn’t believe the Fed is an evil institution and tends to read too much HuffPo and not enough Ron Paul, I’m grabbing the paper, rolling it up and whacking him (hard) with the following:

It’s Official – America Now Enforces Capital Controls Gee, think we should start reading the bill? (Zero Hedge)

Goldman Sachs’ controversial ‘mommy-track’ In fairness to TLP, he didread this one. You should too. (The Week)

Does Unemployment Insurance Cause Unemployment? It’s a legitimate question. Does the FDIC encourage moral hazard? Mmm hmm. (Wall St Cheat Sheet)

On Deficits And Debt-Financed Government Market Ticker is always good for a nice reality check. Especially one that comes out to $760 billion in interest expense alone – and yes, that’s American debt. (Market Ticker)

The “shop till you drop” economy "Who would want to invest in the United States when there are fiscally solvent, rapidly growing emerging economies to invest in?" Who indeed. (The Animal Spirits Page)

Throwing Gas On The Fire Wait a second, are the regulators the problem? (Bank Lawyer’s Blog)

Repo 105: Was Lehman’s Accounting Only Ticking Boxes? Or Is It A Ticking Box? I smell smoke, Jim Peterson smells something awry with financial reporting (as in journalism, not statements) and rules-based accounting. JDA humbly concurs. (Re:Balance)

Is InterOil Built on a Foundation of Fraud? InterOil better look out, you don’t want Sam Antar on your ass (I’m not scared, he’s afraid of me and I’m training him for his next bout) (White Collar Fraud)

TGIF – Greece Fixed AGAIN! Phil seems to think the EU is bipolar. Has the EU asked its doctor about Abilify? (Phil’s Stock World)

The Latest To Get Ripped Off By The Banksters? The States I’m shocked. Completely and totally shocked. (LOLFed


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Zero Hedge

A Quarter Of Kids Treated At Transgender Clinics May Just Be Autistic, New Study Finds

Courtesy of ZeroHedge View original post here.

A few short days after former psychologists at the NHS's flagship Gender Identity Development Service (GIDS) told Sky News they feared young people were "being over-diagnosed and then over-medicalised," warning that:

"We fear that we have had front-row seats to a medical scandal."

...



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Phil's Favorites

Litigation is the real reason financial reports are becoming harder to read

 

Litigation is the real reason financial reports are becoming harder to read

Courtesy of Mark Humphery-Jenner, UNSW

Westpac can expect a bumper turnout of shareholders at its annual general meeting in Sydney on Thursday, many of them angry at its alleged role in facilitating child exploitation in the Philippines, its 23 million alleged breaches of anti-money-laundering laws, and its initial ritualistic response to the allegations.

This included donating A$18 million to an anti sexual exploitation charity, followed by the ...



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Chart School

Funds are getting ready to move out of USA

Courtesy of Read the Ticker

Just before the hang over in the US equity markets, money will move and take their well earned gains else where. Here is why.

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Charts in video.

US is in the late cycle boom.

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US stock market with the US dollar, they have risen together from 2012. A change of this will force money to move.


Cli...



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Kimble Charting Solutions

Euro Breakout In Play? Gold Bulls Sure Hope So!

Courtesy of Chris Kimble

The Euro has spent much of the past 2 years trading in a down-trend.

Though precious metals like Gold have fared well, this has been a bit of a headwind because it means that the US Dollar has remained firm.

Big Test In Play for the Euro

The Euro is testing a confluence of important support just as the downtrend is narrowing and ready for a “break”. That support includes lower falling wedge support and the Euro’s long term up-trend support line (see points 1 and 2).

If the Euro can succeed in breaking out at (3), it would be bullis...



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Insider Scoop

8 Healthcare Stocks Moving In Friday's Pre-Market Session

Courtesy of Benzinga

Gainers
  • Sarepta Therapeutics, Inc. (NASDAQ: SRPT) stock surged 36.4% to $137.00 during Friday's pre-market session. The market value of their outstanding shares is at $6.1 billion. The most recent rating by Janney Capital, on December 13, is at Buy, with a price target of $175.00.
  • GlaxoSmithKline, Inc. (NYSE: GSK) shares surged 1.1% to $46.44. The market value of their outstanding shares is at $112.9 billion. According to the most recent rating by UBS, on November 21, the current rating is at Buy.
  • AstraZeneca, Inc. (NYSE: ...


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Digital Currencies

Three Men Arrested In NJ For Running Alleged $722 Million Crypto Ponzi Scheme

Courtesy of ZeroHedge View original post here.

Authored by Kollen Post via CoinTelegraph.com,

United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement from the Dep...



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Members' Corner

Tobin Smith: Foxocracy, the 2020 Election, and the Stock Market

 

For decades, Fox News has been spreading false information and hooking its audience into an angry, xenophobic and paranoid worldview. It's no mystery that Fox was instrumental in the 2016 election -- but how did it do it? How did it gain so much influence? Tobin Smith, CEO of Transformity Research, Inc. and former Fox News contributor and talk show host, explores this phenomenon and discusses Fox News’ emotionally predatory and partisan propaganda media strategies and tactics in his new book, ...



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Lee's Free Thinking

Chart Shows the Fed Ramping Up Not QE - Funding Almost All Treasury Issuance

 

Chart Shows the Fed Ramping Up Not QE – Funding Almost All Treasury Issuance

Courtesy of Lee Adler, Wall Street Examiner 

The Fed is ramping up “Not QE” .

The Fed bought $2.2 billion in notes today in its POMO, “not QE,” operations. Actually $2.15 billion because they sold back a whole $50 million. Must have been a little glitch in the force.

This brings the Fed’s total outright purchases of Treasuries to $170 billion since it started Not QE, on September 17.

It also did $107 billion in gross new repo loans to Primary Dealers to buy Tre...



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The Technical Traders

VIX Warns Of Imminent Market Correction

Courtesy of Technical Traders

The VIX is warning that a market peak may be setting up in the global markets and that investors should be cautious of the extremely low price in the VIX. These extremely low prices in the VIX are typically followed by some type of increased volatility in the markets.

The US Federal Reserve continues to push an easy money policy and has recently begun acquiring more dept allowing a deeper move towards a Quantitative Easing stance. This move, along with investor confidence in the US markets, has prompted early warning signs that the market has reached near extreme levels/peaks. 

Vix Value Drops Before Monthly Expiration

When the VIX falls to levels below 12~13, this typically v...



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Biotech

Why telling people with diabetes to use Walmart insulin can be dangerous advice

Reminder: We are available to chat with Members, comments are found below each post.

 

Why telling people with diabetes to use Walmart insulin can be dangerous advice

A vial of insulin. Prices for the drug, crucial for those with diabetes, have soared in recent years. Oleksandr Nagaiets/Shutterstock.com

Courtesy of Jeffrey Bennett, Vanderbilt University

About 7.4 million people ...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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Promotions

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Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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