Mario Draghi’s successor as European Central Bank chief will probably favor keeping up ultra-loose policy and stimulus when she takes office in November, according to Governing Council member Yannis Stournaras.
The sharp rise in yields caught many by surprise and now investors as well as traders are wondering whether a rate cut this week will push stocks even higher or stall the rally. Tom Aspray takes a technical look at yields as well as the stock market.
A Federal Reserve measure of manufacturing in New York state cooled more than expected in September as capital-spending expectations fell to the lowest since 2016, adding to signs the U.S. factory slump is deepening.The Empire State index, a survey of factories the state, fell to 2 from
Warning signals are starting to flash in the market for junk debt, an indicator that investors are worried that companies with high debt loads could be at risk even if the U.S. economy avoids recession.
While the mainstream media overlooks this data, it really shouldn’t be.
Markets have only just come full circle after a bout of recession-fear-induced whiplash since the last meeting of U.S. policy makers.
Libra representatives are in Switzerland to meet with officials from 26 global central banks, according to a report.
In 2008, mortgage backed bond values were battered by defaulting subprime borrowers. Today, refinancing by homeowners is sending their prices down.
SD Outlook: People looking for a much deeper pull-back in gold & silver prices are likely to be let down. Here's why...
That may sound like a weird, tinfoil-hat type of thing to say. But it’s what’s at stake in the War on Cash.
It's a recession of debt exhaustion and diminishing returns as doing more of what's failed for ten years will finally fail spectacularly.
Long Treasury Bonds: The Worst Investments to Hold...
The housing market is fast softening. Learn how preparing for a coming price correction can create tremendous opportunity for real estate investors.
No matter which US home price index you choose, US home prices have risen above the peak of the housing bubble in April 2007 (as highlighted in the book and film “The Big Short”). Thank…
Former presidential candidate Ron Paul is warning negative interest rates will crush the global economy.
The Fed is expected to cut its benchmark interest rate by a quarter percentage point to a range of 1.75%-2%. That will be the second r
U.S. stock futures sank amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.
Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.
Attacks crippled the heart of Saudi oil production over the weekend, hitting the world’s largest crude processing facility and the kingdom’s second-largest oilfield.
We've written extensively about a push toward de-dollarization by countries like Russia and China and their desire to undermine the ability of the US to weaponize the dollar as a foreign policy tool. The global gold rush on the part of central banks is part of this movement.And it's not just countries like Russia and China. As fund manager Ronald-Peter Stöferle wrote in an article for the Mises Wire, Europe as also joined the de-dollarization party.