Sharp divisions between the rich and poor are fueling a global wave of unrest -- but that’s just one of the grievances driving people onto the streets, according
Renting a Home: Increases in National Average Rent have generally outpaced year-over year hourly earnings since 2011. Buying a House: House prices have risen far faster than earnings since 2012.
Would China and Russia really use the “nuclear option” and dump Treasuries to punish the US? Such a move would cause a severe spike in US interest rates, crash our stock market, and easily push the economy into recession. But as Mike Maloney and Ronnie Stoeferle discuss in their third video, it's not out of the question...
Conflicting signals make it difficult to get a handle on the true health of the U.S. economy and reducing uncertainty for businesses would provide a shot in the arm to growth, Richmond Fed Reserve Bank President Thomas Barkin said on Tuesday.
Collateralized Loan Obligations Get Cold Feet, Selloff in B-Rated Loans Ensues...
The net result is the muddle class has the signifiers but not the wealth, power, capital or agency that once defined the middle class.
The stock market keeps hitting new highs and employment reports continue to look good. President Trump and central bankers at the Fed like to point to this and tell us that the economy is doing good. But as Peter Schiff explained in his latest podcast, the markets aren't making highs because the economy is good. It's making highs because of the Federal Reserve's easy-money policies.Despite the fact that the economic data is deteriorating. Despite the fact that corporate earnings are falling, it is the Fed that is pushing this market to new highs by cutting interest rates, by indicating to the markets that they don’t have to worry about rate hikes no matter what happens with inflation. The Fed’s not going to raise interest rates. Oh, and by the way, they’re doing quantitative easing, and they’re going to print as much money as they have to keep the markets going up and to keep the economy propped up.”In a recent article published at the Mises Wire, Ryan McMaken adds another...
A key Federal Reserve official on Monday made the case for the central bank’s program of buying only the shortest-dated Treasuries to ensure the banking system has enough reserves.
“The speed with which debt was taken on and the characteristics of the debt were impressive, because the debt is very large and it must be met in the very short term,” he said.
China’s central bank has finally helped put the brakes on the downward spiral in government debt.
Silver investment in three major categories is up so far this year, according to a report highlighted in the latest edition of Silver News.Silver held in ETFs hit an all-time high this year. Year-on-year through mid-August, 736.9 million ounces of metal were held in silver-backed ETFs. Meanwhile, global mint silver bullion coin sales rose 30% year-on-year through July.
During the last five trading days, volume in put options has lagged volume in call options by 47.63% as investors make bullish bets in their portfolios. This is among the lowest levels of put buying seen during the last two years, indicating extreme greed on the part of investors.
A combination of mixed macroeconomic data and stretched investor sentiment suggests it’s time to sell risk assets, according to HSBC Holdings Plc.“Fundamentally, the macro data does not justify the recent outperformance of risk assets,”...
Goldman Sachs Group Inc. says Australians are likely to receive additional cash in the May 2020 budget as the government finally bows to the need for higher spending to support economic growth.The stimulus will come in the form of tax cuts being brought forward...
From a political perspective, India’s decision overnight to walk away from immediate involvement in a trade zone encompassing half the world’s population and a third of its economy is good for almost everyone...
Bank of Japan Governor Haruhiko Kuroda stepped into the global debate on the need for governments to do more heavy lifting to support their economies,...
POLITICO’s guide to the web of alliances that will determine one of the bloc’s biggest battles.
President Donald Trump on Sunday signaled that he is not committed to keeping the federal government open later this month.
In order to facilitate payments to its shareholders and accelerate buybacks, JPMorgan pushed more than $130BN of excess cash into bonds and cut the amount of loans it holds. Oh, and it also sparked September's repo crisis.
The main categories of global silver investment have increased appreciably this year, according to a report released in October from the Silver Institute, including: