I think am going to be sick. For God’s Sake Bill STOP! Sent in by JFJ.
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Shippers warn of overcapacity, cancel scheduled voyages The Juggernaut is slowing down. I’ve been following Mish’s blog for a couple of years now. He’s generally been accurate with his observations and predictions, and I think he is correct about a big slowdown (and recession?) coming soon. – P.S.
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Items from Professor Preponomics:
Is the American Market Rigged? (Christian Science Monitor)
An Unpleasant Surprise on Health Insurance Rates Courtesy of Obamacare… (NY Times) Commentary: …although not unexpected!
Standard Chartered to Cut 15,000 Jobs (NY Times)
It’s the Zero Bound Yield Curve, Stupid! (Zero Hedge)
9 Ways to Protect Yourself from Identity Theft (Christian Science Monitor)
An Earnings Recession is Looming (Market Watch)
Credit Suisse CEO Nails the Banking Industry’s Biggest Problem in a Sentence (Business Insider)