Odinian Beta

Happy 4th of July to everyone Unfortunately, we have given up our independence to government tyranny I will be back on the radio again - I'll be on the Alex Jones Show every first and third Friday of every month when the Non-Farm Payroll numbers co...

One more time President Obama seeks to buy Democratic votes with a free lunch by appealing to workers Promising more overtime pay, to go into effect in 2016 Raises the threshold for overtime pay requirements Workers who earn salaries of $50,

Global stock markets got beaten up overnight and the carnage continued here in the U.S. Dow Jones down 350 points by closing bell - biggest point loss of the year NASDAQ down 122 points Possible Grexit sparked sell off in FOREX markets

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It looks like there is going to be some kind of deal to avoid the "Grexit" Greek's exit would be great for Europe, but it would not be politically attractive for either side As long as Greece stays in the Eurozone,

Today was the expected day for expected rate hikes, indicating economic "lift-off" The June rate hike is off the table and everyone is focusing attention on September The prepared remarks are just a smokescreen to maintain the pretense that the eco...

Dow under pressure on the back of EU talks with Greece There is a lot of room for the market to decline pending the Fed's announcements The consensus is that rates will hike September or later If Fed does not rates in September,

Once again, a week of worse than expected economic data punctuated by another better than expected non-farm payroll report from the government ADP private sector payroll report was slightly below estimates 5,

Short week closed with some horribly bad news People are not paying attention to the data; they are paying attention to the Fed Government released revision to the GDP: -.7 The assumption of deflation is cooked into the number