Malden: The banking system is far more elaborate than the most complicated Swiss watch but it just keeps on ticking… until it stops.
Dave Kranzler explains why the real move upward in the US stock market is highly deceptive...
If you're on social media, you've seen the memes. They all start with some interesting string of facts and end with "...and Epstein didn't kill himself."In case you've been under a rock, or just have better things to do than follow the news, Jeffrey Epstein was a well-connected financier and convicted pedophile. When I say "well-connected," I mean he hung out with the rich and powerful, including Bill Clinton and Donald Trump.
The Federal Reserve’s history since 2008 has been one of abject failure at reining in abuses at these mega banks and then attempting to cover its tracks with a freely flowing spigot of money that amasses to trillions of dollars while Congress looks the other way.
“This entire cycle has been proof in the pudding that liquidity is going into the financial markets. It’s not going into the real economy.”
“You can’t pile on that level of leverage (US debt levels) without some serious risk taking and loosening of terms,”
...Rather, it’s an expression of the pure madness and insanity of the world’s central bankers.
The divergence in sentiment between Democrats and Republicans remains vast but for the first time in six months, Democrats' confidence improved...
Jeff says if the people would use cryptocurrency, it would take down the central banks and end all wars. Here's more...
It's been a tough week for gold and silver and a record week for stocks because of — you guessed it — optimism about a trade deal. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the news of the week. Along the way, he also compares fickle investors obsessed with the latest trade war headline to a delusional sports fan who can only fixate on his team's most recent game.
Economists debate whether the decline in productivity is real. It is real. let's investigate 10 reasons why.
The recent repo liquidity scare has passed, but it offers lessons on policy and a warning for the future.
Silver Drops Below $17/oz — Time To Buy the Dip? Precious metals just enjoyed a heady 3 months in the limelight. Gold and silver were a “hot trade.” But now the market is cooling... Wall Street appears to be brushing aside metals and once again piling into stocks. Do you think they are right? Have the catalysts for metals disappeared?
The fastest increase in assets for any two-month period since the post-Lehman freak show in late 2008 and early 2009.
The New York Federal Reserve on Friday accepted all $70.64 billion in bids from primary dealers at an overnight repurchase agreement (repo) operation, a move intended to help maintain the federal funds rate within its target range.
Our US economist Steve Gallagher shows below that, if history is any guide, a recession is due just about now. Yet investors fear of recession has all but evaporated.
Everything is awesome in financial markets. The sense that a trade deal may finally be on the cards sent stocks and crude soaring in the U.S. Thursday, while flight-to-safety trades such as bonds and gold slumped. Both sides seem to be moving toward a phase one agreement that would
The U.S. dollar set back in October, but it might be premature to assume the currency is done flexing its muscles.
Some pension-fund managers are venturing further into unusual investment territory as this year’s plunge in bond yields makes it even harder to find decent long-term returns.