Volkswagen warned a slowdown in global demand would result in annual vehicle deliveries being in line with year-earlier figures, tweaking its earlier forecast.
President Trump recently took aim at the Federal Reserve once again, accusing the central bank of "holding back" America's economy. The president was responding to a FOX Business Varney & Co. segment about negative interest rates in Europe and Japan.Trump said the Fed should follow the lead of European and Japanese central banks into the world of negative rates.
Aren't The Banks just salivating at the potential opportunities to smash price and force a Spec liquidation that would...
The coins are a mix between Danish coins and coins minted in German Hanseatic cities in the early 1400s. One of the Danish coins was minted in 1424, and experts believe the treasure was buried within the following two to three decades.
The big shorts will either succeed in manipulating prices lower or they won’t, but if they do succeed I still believe it will be the last such rigged selloff.
Federal Reserve officials best deliver a ginned up stock market or else.
A key factor that constrains people’s ability to generate goods and services is the scarcity of funding. Contrary to popular thinking, funding for consumption and production is not about money as such, but about real savings.
The US Census Bureau released new poverty data this month, and California once again has the nation's highest poverty rate, according to the "Supplemental Poverty Measure."
Just like the Fed isn't engaged in QE?
Listening to recent commentaries about the repo failures in New York leads one to suppose there is insufficient money in the system. This is not the real issue, as the chart below of the fiat money quantity for the dollar clearly shows.
“Recession risks are uncomfortably high and rising,” Mark Zandi, chief economist for Moody’s Analytics, said at a recent event sponsored by The Pew Charitable Trusts...
A two-day close over $1521 in the cash market is required to launch a rally, but fundamentally, gold is well-positioned...
In November the European Central Bank will restart its quantitative easing program. It has made several arguments to justify this decision, some transparent (an inflation rate below target; a feeble rate of economic growth)...
Crypto credit has expanded too quickly and is headed for a blow-up, says a group of former Wall Street traders who are now seeking riches in digital assets. A near $5 billion industry has emerged from nothing just two years ago and the number of loan platforms is rapidly proliferating, according to blockchain data company Graychain Ltd.
Heading into the Federal Reserve’s interest-rate decision this week, the consensus is that the central bank will cut its lending benchmark for the third time in as many meetings. But, unlike the past two, there’s belief that Chair Jerome Powell will strongly suggest a timeout...
I an interview, Mnuchin said he had spoken with JPMorgan Chase CEO Jamie Dimon and other banks about ways to avoid liquidity problems.
"The Fed doesn't have a clue! We have unlimited potential, only held back by the Federal Reserve.
...Reuters reported further that JPMorgan’s draw down on its cash “accounted for about a third of the drop in all banking reserves at the Fed during the period.”
This scam, also known as port-out or SIM splitting fraud, allows criminals to hijack your cellphone number.
Should you buy Gold in 2020? After watching today’s release of Part 2 of Mike Maloney’s new series with Incrementum’s Ronnie Stoeferle, you’ll see why Mike has been ‘backing up the truck’ and continues to accumulate precious metals. This segment covers a mountain of topics including real interest rates, recession indicators, declining industrial production, and even a part of Mike’s book that was cut from the final edit.