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Russia-Ukraine Conflict May Result in 'Recession': The Bear Traps Report FounderFeb 23, 2022 - 08:16:46 PST
The Bear Traps Report founder and editor Larry McDonald told "Mornings with Maria," Wednesday that the Russia-Ukraine conflict may result in a "recession" as the Federal Reserve signals interest rate hikes.
Western Sanctions on Banks Only Scratch Surface of Fortress Russia's GoldFeb 23, 2022 - 08:05:28 PST
Russia has since 2014 diversified away from U.S. Treasuries and dollars - the euro and gold account for a bigger share of Russia's reserves than do dollars, according to a January report from the Institute of International Finance.
China Calls US 'Culprit' For Ukraine Tensions, Vows To "Eradicate" Taiwan's "Secessionist Regime"Feb 23, 2022 - 08:03:07 PST
Meanwhile, in another clear indication of who Beijing is siding with in the growing geopolitical conflict, China's foreign ministry just said that the United States is the 'culprit' of current tensions surrounding Ukraine.
There’s been a lot of “noise” in the financial markets for a while now. From geopolitical conflicts and currency censorship, to unrelenting inflation and slumping stock markets, our psyche’s have been bombarded.There’s been lots of noise in the gold and silver markets, too. Plenty of bull and bear proclamations, and more recently some misunderstandings about what gold does during periods of rising interest rates (it tends to rise).
Stocks Tumble As Ukraine Reports Major Cyberattack, Multiple Ministry Websites DownFeb 23, 2022 - 07:38:34 PST
The "Ministry of Foreign Affairs, Ministry of Defense, Ministry of Internal Affairs, the Security Service of Ukraine and Cabinet of Ministers websites have just been impacted by network disruptions; the incident appears consistent with recent DDOS attacks," the global internet monitoring site said.
The U.S. and Britain are aiming to throttle Russia’s access to foreign capital. But things could get complicated for the entire global financial system.
What would you do if you went to the ATM and found that you couldn't access the money in your bank account?Many Canadians recently suffered this unsettling experience. Customers of five major Canadian banks reported mysterious online banking outages last week after Canadian Prime Minister Justin Trudeau announced he was invoking emergency powers in response to a massive trucker protest. This gave the Canadian government the authority to freeze bank accounts.
Gold is finally outperforming the way one would imagine. It's not always about the absolute performance as it is about the relative performance.
The national debt this month reached $30 trillion. Not only is this the largest debt in U.S. history in dollar terms, but the ratio of debt to gross domestic product is 119%—the largest it’s ever been.
Will inflation turn into stagflation? With inflation hitting 40-year highs, it’s the question of the hour.
Investors are pumping more money into commodity funds than at any time in the last decade, enticed by red-hot inflation and a futures market offering big profits.
President Joe Biden has announced the first round of economic sanctions on Russia as tensions in Ukraine continue to mount. The sanctions came in response to an announcement by Russian President Vladimir Putin recognizing two breakaway republics in Ukraine and his decision to send troops into those regions.Sanctions are meant to punish Russia, but in his podcast, Peter Schiff explained how these economic moves could also impact the US dollar and create even more inflation.
Inflation will have the biggest impact on global markets in 2022, traders said, while liquidity was the top daily trading challenge for a sixth year, according to an annual survey of institutional trading clients by JPMorgan published on Wednesday. About 48% of 718 institutional trading clients surveyed at the end of November...
China’s reluctance to aggressively ease its monetary policy is putting a global bond fund on the defensive.
The Bank of England should sell roughly 650 billion pounds ($885 billion) of government bonds to reduce its balance sheet by two thirds as it normalizes policy after 13 years of quantitative easing, the International Monetary Fund said.
\U.S. Treasuries tumbled as the prospect of aggressive interest-rate hikes to cool inflation rippled through markets spooked by rising energy costs.
Major central banks are now clearly in inflation-fighting mode, with New Zealand's central bank on Wednesday delivering its third consecutive rate hike. Norway's central bank cemented its position as the most aggressive rate-setter in the developed world, raising rates in December after starting its rates lift-off in...
Mortgage rates surged to the highest level in two years, leaving homebuyers on high alert as further increases loom.
It’s why observers like Mohamed El-Erian, president of Queens College at Cambridge University, would send “a very strong stagflationary wind ... through the global economy.”
Hedge Funds Slash Tech in Pivot to Other Strategies, Goldman Sachs ReportFeb 23, 2022 - 04:57:13 PST
“Sharply falling growth stock valuations, declining hedge fund leverage, retail selling, worsening equity market liquidity, and the underperformance of popular hedge fund long positions have created a vicious cycle,” the strategists said.