The record-setting rout in cryptocurrencies has put a slew of decentralized-finance applications and their communities in a race to protect themselves against a cascade of liquidations -- sometimes by employing unprecedented measures.
Companies with under 50 workers lost head count in three of the past four months, data show, reflecting difficulties in keeping pace on wages and benefits
This crash beneath the surface showed something had broken, that the magic had died, that hype and hoopla were suddenly unable to carry the day.
Macro expert Stephanie Pomboy discusses the fragile economy and why the Fed may quell inflation faster than intended.
Let's discuss action in gold, commitment of trader reports, and faith in the Fed.
The entire crypto market cap including Bitcoin is $834.54B as I type out. At it's peak, the entire space was worth $2.9 trillion.
We listed a 40-unit apartment building in the East Bay, a couple months too late, and a shopping center in Silicon Valley. Here’s what happened.
The perfect storm in oil has been brewing over the past several years, and much of the market missed it
How crazy was The Federal Reserve’s overreaction to the government shutdowns surrounding the Covid epidemic? While most analysts talk about California, I am going to discuss … Cleveland…
US Treasury Secretary and former Federal Reserve Chain, Janet Yellen, admitted on ABC’s This Week that US inflation is “unacceptably high”and prices are likely to stick with consumers through…
In my 16 years as an alternative economist and political writer I have spent around half that time warning that the ultimate outcome of the Federal Reserve’s stimulus model would be a stagflationary collapse. Not a deflationary collapse, or an inflationary collapse, but a stagflationary collapse. The reasons for this were very specific – Mass debt creation was being countered with...
Federal Reserve Chair Jerome Powell hammered home his determination to curb the hottest inflation in 40 years as the US central bank vowed that the fight to restore price stability was “unconditional.
Commentary President Joe Biden spoke at the Port of Los Angeles the other day and addressed the issue ...
All our summertime staples are getting more expensive.
In a worrisome sign for the economy, U.S. consumers are beginning to spend less on services.
The world will not be as it was before the 'special operation,' Russian President Putin said in his speech at the plenary session of the St Petersburg International Economic Forum
A Bubble: “A self-reinforcing but inevitably unsustainable inflation.” An Experiment: “A test; trial; a tentative procedure or policy; an operation or procedure carried out under controlled conditions in order to discover an unknown effect or law.” The former definition is Noland’s and the latter Webster’s.
So far 2022 has been a year where just about everyone on Wall Street got it wrong. As did the Fed and a cadre of global central banks.
Decades of falling rates give way to higher borrowing costs and new math for investments...
The cryptocurrency industry was built on swagger, enthusiasm and optimism. All three are in short supply these days, as losses and layoffs mount.