Pimco has billions of dollars riding on the economic fallout from Vladimir Putin’s invasion of Ukraine, after amassing a wager worth at least $1bn in derivatives markets that the country will not default while also holding $1.5bn of its sovereign debt.
U.S. equity futures ticked lower ahead of Tuesday's open after peace talks between Russia and Ukraine's foreign ministers failed to make progress on negotiating a ceasefire.
Suddenly commodities -- oil, natural gas, wheat, gold, nickel, uranium, you name it -- are at the epicenter of the world's focus. They've now been weaponized in the recent international response to Russia's invasion of Ukraine.
With the world just starting to recover from the Pandemic shutdowns, it looks like the Semiconductor Shortage is about to go into HYPER-DRIVE. Why? Because a critical element is used in the manufacture of semiconductors, over 50% is produced in Ukraine. This could be disastrous...
Don't be fooled by talk of overbought conditions, the rally is being driven by a war and extremely high inflation, not a technical indicator.
I believe the world is changing in big ways that haven’t happened before in our lifetimes but have many times in history, so I knew I needed to study past changes to understand what is happening now and help me to anticipate what is likely to happen.
By Pam Martens and Russ Martens: March 9, 2022 ~ Deutsche Bank (symbol DB on the above chart) closed at $16.50 on the New York Stock Exchange on February
Former U.K. central banker Charles Goodhart sees an era of inexpensive labor giving way to years of worker shortages—and higher prices. Central bankers around the world are listening.
Russia is headed for one of its biggest inflation spikes this century after waves of sanctions over the invasion of Ukraine touched off the collapse of the ruble and disrupted trade.
(Bloomberg) -- Americans could be cutting steaks and burgers from their diets as inflation soars, if beef-packer profit margins are any indication. Most Read from BloombergChina Warns U.S. Over Forming Pacific NATO, Backing TaiwanUkraine Open to Neutrality, Won’t Yield Territory, Aide SaysOwners Fear Planes ‘Are Gone Forever’ After Russia Shields Them From SeizureChina Pushes Conspiracy Theory About U.S. Labs in UkraineUkraine Update: Firms Exit Russia, Fitch Sees ‘Imminent’ DefaultProcessors li
The booming residential real-estate market has enriched almost every U.S. homeowner, but the gains have largely benefited the wealthiest, a new analysis shows.
The current economy is showing signs of repeating a pattern from the 1970s.
European industry is showing the first signs of shutting down as Russia’s invasion of Ukraine boosts energy costs for steelworks, fertilizer plants and paper mills to unsustainable levels.
*MCCARTHY WILL VOTE FOR DEFENSE PART OF HOUSE SPENDING PACKAGE
As the architect of the “Chinese dream” and what he believes is a great nation’s even greater rejuvenation, Xi has no choice. My bet is that Xi will do the unthinkable – defuse the Russia threat, before it is too late.
Russian President Vladimir Putin has signed a law abolishing VAT on the purchase of gold bars for individuals. The document was posted on the official portal of legal information. Previously the tax was 20%. Amendments were made to the Tax Code. The explanatory note states that the tax was a major…
The Fed took an unprecedented as well as illegal action on Russia that constitutes economic warfare and may easily start a currency crisis or something even worse.
Join Mike Maloney and Adam Taggart in today’s ‘deeper dive’ into the situation in Ukraine. You’ll be shown evidence that those in command have been well aware of the consequences of ‘poking the Russian bear’ for many decades.
One more complication in the vast global oil trade, even for the US, one of the largest producers in the world and a big exporter.
President Joe Biden's strategy in grappling with the domestic fallout from gasoline price increases is for Americans to direct their anger at one man: Russian President Vladimir Putin.