- newA Trade War with Europe Would Be Larger and More Damaging Than China
The United States has more to lose from a full-blown trade war with the EU than it does with its current conflict with China, experts have told CNBC.
- 49 mins ago, 22 Aug 19, 11:52am -
- newHong Kong Faces Worst Earnings Recession Since 2008 Crisis
“The third quarter could be even worse given the local political situation and the trade war escalation,”
- 60 mins ago, 22 Aug 19, 11:41am -
- newGerman Signal Looming Recession After Demand Plunges - Bloomberg
German manufacturers are reinforcing concern that Europe’s largest economy is headed into a recession.
- 1 hour ago, 22 Aug 19, 11:39am -
- newOptions Dwindle to Boost U.S. Economic Growth
Washington policy makers and Wall Street investors on Wednesday barreled into an even more difficult problem: There are few good options to deal with one if it happens.
- 1 hour ago, 22 Aug 19, 11:36am -
- newHomeless Crisis In Progressive Cities Reaches Fever Pitch
'A Total Failure': America's most 'progressive' cities have become ground-zero for a what has become an all-out homelessness crisis, leaving these once-beautiful cities a bastion of human suffering which rival some third-world nations.
- 1 hour ago, 22 Aug 19, 11:28am -
- Should I Choose Segregated, Allocated, or Pooled Storage?
- 14 hours ago, 21 Aug 19, 10:12pm -
- Gold Traders’ Report - August 21, 2019
Gold slid lower last night, trading in a range of $1496.65 - $1508, but found support ahead of $1493-4 ( triple bottom 8/14, 8/19, and 8/20 lows). It faded a move up in global bond yields...
- 19 hours ago, 21 Aug 19, 5:59pm -
- Frank Holmes: Macro Factors All Point to a Much Higher Gold Price
Bonds are now a high-risk investment, all of this is bullish for gold. It's just a matter of time before we go back to $1900 gold & above.
- 19 hours ago, 21 Aug 19, 5:22pm -
- Fed Minutes Hint At Coming QE
"the Federal Reserve might have been able to make use of balance sheet tools even more aggressively over the past decade in providing appropriate levels of accommodation"
- 21 hours ago, 21 Aug 19, 4:00pm -
- It's the Fed, but the World Will Have Its Say
The Fed has long been the world’s de facto central bank, but the decade since the last financial crisis has shown interest rates are more than ever globally determined...
- 21 hours ago, 21 Aug 19, 3:49pm -
- Housing Debt Has Surpassed Financial Crisis Debt Levels
Housing debt for 19Q2 is currently beyond the levels of the financial crisis of 2007-8 ($9.294 trillion for Q308) at a record high of $9.41T.
- 21 hours ago, 21 Aug 19, 3:48pm -
- FOMC Minutes: "Most Fed Officials" Saw Rate-Cut a "Mid-Cycle Adjustment"
The Fed Minutes are problematic for markets as they confirm that "most Fed officials see the July rate-cut as a 'mid-cycle adjustment" and not the beginning of an epic easing cycle that investors are demanding.
- 21 hours ago, 21 Aug 19, 3:46pm -
- Our Wile E. Coyote Federal Reserve
Whatever the Fed chooses to do, it's already failed..
- 21 hours ago, 21 Aug 19, 3:45pm -
- U.S. Budget Gap Set to Top $1 Trillion in 2020, Two Years Sooner
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.
- 22 hours ago, 21 Aug 19, 2:28pm -
- Trump Says Again the Fed Is the 'Only Problem' with the Economy
In his latest slap at the central bank, the president compared Fed Chairman Jerome Powell to a “golfer who can’t putt.”
- 1 day ago, 21 Aug 19, 12:17pm -
- Morgan Stanley: Risk of a Global Recession Is 'High and Rising'
Morgan Stanley warns that "the wheels for a slowdown are in motion," adding that a slowdown in the manufacturing sector is spreading.
- 1 day ago, 21 Aug 19, 12:16pm -
- The Fed Needs to Radically Change Policy and Start Printing Money
Similar to the late 1970s when then Chairman Paul Volcker faced a stagflationary environment which weakened confidence in the Fed’s ability to deal with the growing imbalances in the economy...
- 1 day ago, 21 Aug 19, 12:14pm -
- IMF Warns That Currency Devaluations Will Not Fix a Country's Economics
Senior economists at the International Monetary Fund (IMF) have warned countries against relying too heavily on monetary policy easing, and argued that currencies are "neither the hammer nor the nail" in efforts to reinvigorate economies.
- 1 day ago, 21 Aug 19, 12:12pm -
- Consumer Spending Is a Bubble Waiting to Burst, David Rosenberg Warns
Gluskin Sheff's Rosenberg predicts the U.S. economy will disappoint Wall Street and lead to a market meltdown.
- 1 day ago, 21 Aug 19, 12:08pm -
- U.S. Created 501,000 Fewer Jobs as of March 2019 Than Previous Reported
Government revisions show, suggesting that hiring was not as strong in the past year as it seemed. Hiring was weaker in retail, restaurants and hotels.
- 1 day ago, 21 Aug 19, 12:01pm -
- NOT AGAIN! Mortgage Market Reopens to Risky Borrowers... - WSJ
More than a decade after the financial crisis, home buyers with low credit scores or high debt levels as well as those lacking traditional employment are finding it easier to obtain credit.
- 1 day ago, 21 Aug 19, 11:49am -
- America’s Priciest Listing Sells at Foreclosure Auction - WSJ
Once asking $1 billion, The Mountain in Beverly Hills sold to its lender for $100,000–far less than the $200 million said to be outstanding on the property.
- 1 day ago, 21 Aug 19, 11:46am -
- Luxury Homebuilder's Woes Show Mounting U.S. Slowdown Fears
(Bloomberg) -- Wealthy buyers are pulling back from some of the most expensive housing markets in the U.S., the latest sign that sky-high prices and fears of a recession are weighing on a key sector of the economy.Toll Brothers Inc., the nation’s l…
- 1 day ago, 21 Aug 19, 11:42am -
- US Existing Home Sales Rise, Boosted by Lower Interest Rates
U.S. home sales rose more than expected in July, boosted by lower mortgage rates...
- 1 day ago, 21 Aug 19, 11:41am -
- Doubleline's Jeffrey Gundlach Says Federal Reserve Has Lost Control
The Fed has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday.
- 1 day ago, 21 Aug 19, 9:51am -
- Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell
“The yellow metal has much more going for it and while more Fed easing will naturally be welcomed by gold bulls, record global negative yields and more easing on the horizon has left it in good shape,”
- 1 day ago, 21 Aug 19, 9:36am -
- Surge in Corporate Debt with Negative Yields Poses Risk
'unlike anything' investors have ever seen. Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.
- 1 day ago, 21 Aug 19, 9:29am -
- Will the Tax Cut Plan Lead to a Historic Crash?
However, the plan could also overheat the financial market. In 1929, people borrowed and invested in equities.
- 1 day ago, 21 Aug 19, 9:25am -
- Social Security Already in Trouble - Payroll-Tax Cut Only Make It Worse
The White House is considering a payroll-tax cut to boost the economy by giving Americans a few more dollars in their paychecks — but the proposal could also take money away from Social Security beneficiaries in the future.
- 1 day ago, 21 Aug 19, 9:18am -
- Germany Sells World's First 30-Year Negative Yielding Bond
It was supposed to be a historic auction - the world's first subzero 30Y yield. Instead, it was a flop.
- 1 day ago, 21 Aug 19, 9:11am -
- Eurozone Bond Bubble About to Pop?
“Markets are literally screaming at the German authorities to loosen the fiscal purse strings although to date this has fallen on deaf years,” s
- 1 day ago, 21 Aug 19, 9:02am -
- Goldman Sachs Expects Fed to Cut Twice More in ‘Hall of Mirrors’
GS predict Fed officials will cut interest rates at each of their next two meetings - in part because of a desire to keep bond markets calm.
- 1 day ago, 21 Aug 19, 9:02am -
- China May Need More Than a New Interest Rate to Stimulate Its Economy
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.
- 1 day ago, 21 Aug 19, 8:57am -
- Mortgage Demand Falls as Interest Rates Flatten
After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.
- 1 day ago, 21 Aug 19, 8:55am -
- Powell’s Tricky Balance at Jackson Hole - El-Erian
I suspect that Fed Powell, opening the annual Jackson Hole symposium on Friday,(1) will try to reset expectations to keep the central bank’s policy options wide open.
- 1 day ago, 21 Aug 19, 8:53am -
- Slowing Share Buybacks Remove a Pillar of Stock Market - WSJ
U.S. corporations are repurchasing their own shares at the slowest pace in 18 months, a potential sign of more volatility as the buyback bonanza from the corporate tax overhaul wanes.
- 1 day ago, 21 Aug 19, 8:50am -
- Investing in the Strange Negative Yield World
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.
- 1 day ago, 21 Aug 19, 8:48am -
- Recession Warning: RV Sales Hit the Skids
Forget the bond market, some economists are looking to the RV market for signs of an impending recession.
- 1 day ago, 21 Aug 19, 8:35am -
- Trump Dismisses Recession Risk But Floats Ideas for Stimulus
Trump said he’s open to a range of possible actions, including a payroll tax cut or bypassing Congress to reduce taxes by indexing capital gains.
- 1 day ago, 21 Aug 19, 8:32am -
- Gold Traders’ Report - August 20, 2019
After declining $27 over the past two sessions, gold rebounded last night, climbing in a range of $1494 - $1508.45. Bargain hunting buying was seen, which accelerated after the market broke back above the $1500 level.
- 2 days ago, 20 Aug 19, 5:27pm -
- The Terror of Deflation v. The Love of Inflation
Can you imagine the money, that you work so hard for, actually increasing in purchasing power every year? Can you imagine your bills gradually falling over the years, instead of relentlessly rising?
- 2 days ago, 20 Aug 19, 5:17pm -
- The Law of Unintended Consequences
Even the U.S. is not immune to the unintended consequences of well-intentioned policies.
- 2 days ago, 20 Aug 19, 4:06pm -
- The Roots of the New Gold Fever - Central Banking
The end of the Central Bank Gold Agreement could herald the return of gold as a key reserve asset...
- 2 days ago, 20 Aug 19, 4:00pm -
- Ron Paul: Trump Trade War "Not Root Cause Of Downturn", The Fed Is!
The next recession, like every recession since 1913, will come stamped “Courtesy of the Federal Reserve.”
- 2 days ago, 20 Aug 19, 3:48pm -
- Swiss Gold Exports to U.K. Hit 6-Year High on ETF Surge
Swiss gold exports to the U.K. rose to the highest in six years, driven by a surge in demand for exchange-traded funds.Switzerland shipped 90.7 tons of bullion to the U.K. in July, the most since September 2012, according to data on the website of Sw…
- 2 days ago, 20 Aug 19, 3:46pm -
- JPMorgan Spoofer Pleads Guilty To Gold Manipulation
Former JPMorgan metals trader, pleaded guilty on Tuesday to conspiracy and to manipulating prices in the precious-metals market
- 2 days ago, 20 Aug 19, 3:35pm -
- The US Dollar Is On Life Support - Got Gold?
What is at the core of the latest turmoil in markets? Is it a trade war? Is it a yield curve inversion? Or is it something far more simple...like the fact that the US Dollar is on life support?
- 2 days ago, 20 Aug 19, 3:06pm -
- Currency Wars: Stacking up the World’s Largest Currencies
The Most Valuable Currencies in Circulation: 1. Gold: $8.7 trillion, 2. U.S. Dollar: $1.7 trillion, 3. Eurozone Euro: $1.3 trillion, 4. Silver: $1.1 trillion, 5. China Renminbi: $1 trillion.
- 2 days ago, 20 Aug 19, 2:08pm -
- If Deficits Are This Huge Now, What Happens When the Recession Hits?
The Treasury Department released new budget deficit numbers this week, and with two months still to go in the fiscal year, 2019's budget deficit is the highest its been since the US was still being flooded with fisc
- 2 days ago, 20 Aug 19, 1:49pm -
- Mckinsey Sees ‘Ominous’ Signs of Another Asian Debt Crisis
More than two decades since the Asia debt crisis gripped the region, global consulting firm McKinsey & Co is warning that signs of a rerun are “ominous”.
- 2 days ago, 20 Aug 19, 1:21pm -
What Really Happened in Jeffery Epstein's Prison Cell? DOJ Should Answer for His Death! | Tom Fitton
