...the world has started to witness an incremental de-dollarization push by a handful of nations.
Higher income households are reining in spending, posing risks for the economy. A volatile market, modest wage growth and taxes are among the reasons
Simulating the Difficulty of Putting the Inflation Genie Back in the Bottle.
The inflationary bottom line is that multiple data sets have been pointing to higher inflation, and now CPI is confirming that the bottom is officially in for U.S. inflation. Let the multi-month inflationary impulse begin!
At least 36,000 homeless people live in the city of Los Angeles, but L.A. potentially has more than 41,000 empty housing units, according to a report released Tuesday by UCLA law students and a coalition of economic justice organizations.
The retirement crisis in the U.S. continues to get bigger. It could create an economic crisis if it is not contained. Here’s what you should know.
For the past two weeks, the S&P has hovered in about a 1% range between 3,090 and 3,122.
Here is hollowed-out America, an economy of ever-greater financial wealth piling up in the hands of the few while tens of millions of wage-earners can't afford what was available to everyone, even the working class, in previous eras.
John Mauldin sees an ugly conflict coming soon to the US as their official debt levels become unsustainable and they face a "Great Reset". Will a better wealth and policy balance rise from the impending shambles?
With the end of the year and the decade fast-approaching, Wall Street strategists have begun to deliver their expectations about where the stock market will close out 2020.
Thieves cut power, climb through window into heavily guarded Green Vault at Dresden's Royal Palace, make their getaway carrying priceless treasures, police say...
These are the good times, but why are subprime credit cards, auto loans, and short-term installment loans blowing out?
Unbeknownst to most mainstream investors, gold has been the best performing asset of this century. It’s really true, as the first table shows in video #5 from Mike and Ronnie. Other than a few cryptos, gold has been the top investment since 2000. That’s’ especially true for gold priced in other currencies. Check out all the green in the first table. Gold has risen more in other currencies than in the US dollar. While gold is universally priced in dollars, 95.7% of the world’s citizens transact in currencies other than the US dollar.
The US central bank, the Federal Reserve (Fed), has been forced to make repeated interventions in the markets this week after a spike in prices in the arcane but important repo (repurchase) market in which big banks manage cash supplies.
Poland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.
Corporate debt is a ticking time bomb. And the Fed knows it.
From a portfolio management perspective, we have determined that buying gold and selling stocks is one of the most compelling macro investment ideas after inversions reach excessive levels.
German Central Bank: European central banks are slowly preparing for plan B: gold.
How much more can the auto loan bubble blow up before it pops?Total auto loans and leases outstanding for new and used vehicles increased by another 4.3% year-on-year in the third quarter, according to the latest data from the Federal Reserve. This was a factor in pushing total American consumer debt to a new record of $4.15 trillion in September.Meanwhile, auto loan delinquencies are surging.
Year-end liquidity fears remain front and center as the $25 billion operation proved to be roughly half the required size to satisfy all liquidity demands.