Homelessness today is often blamed on both "gentrification" and "neoliberalism." When these terms are used in the context of urban housing, it is usually implied that too much market freedom makes housing unaffordable to large swaths of the population.
The US has one of the world's largest retirement gaps...
NPLs remain dangerously to catastrophically high in Italy, Greece, Portugal, and Cyprus.
A new payment system to facilitate non-dollar trade should be promoted.
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.
Jim is back with an update on the internal, external and systemic factors currently hitting the gold market and a whole lot more...
The Federal Reserve’s so-called dot plot hasn’t existed during a period when markets expected the central bank’s next move would be to cut rates, and not to raise them.
For the first time in 2019, sentiment among US homebuilders dropped in June signaling that lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.
Indeed gold’s status as store of value, as money, the only currency available when yours is worthless, has come into play time and time again, when tensions heat up.
Clamoring for a rate cut by the Federal Reserve at some point this year is running high, but the Fed may not comply.
Experts and analysts believe that prices of silver may give healthy returns in the latter part of 2019...
"The policy mistakes were fiscal + tariffs, not monetary – i.e., the Fed can’t 'fix' it."
European Central Bank policy makers said the institution will act if needed to support the economy, keeping alive the possibility of interest-rate cuts or quantitative easing returning to the euro area.
Unnerved by mounting risks to the U.S. economy, the Federal Reserve is considering lowering interest rates. Rate cuts might not provide the economy with as much oomph as in the past, though.
All asset "wealth" in credit-asset bubble dependent economies is contingent and ephemeral.
European Banks Sink to Dec 24, 2018 Level – First Seen in 1995. The benefit of NIRP: There’s hell to pay – even the ECB admits it.
That was the biggest slide in the series history going back to 2001 and comes amid growing worries about the state of the broader U.S. economy.
As we mentioned last week, Gold should at minimum be on everyone’s radar if not in everyone portfolio. After the break of the psychological $1350, Gold is reclaiming its rightful status as a must-have asset in everyone’s investment portfolio.
During a recent interview, President Donald Trump lamented the fact that we don't have a bigger bubble and blamed Federal Reserve Chair Jerome Powell. Trump said that even though Powell was his pick, he "disagrees with him entirely." He said that if it weren't for the Fed, we'd have even stronger GDP growth.Frankly, if we had a different person in the Federal Reserve that wouldn’t have raised interest rates so much, we would have been at least a point and a half higher. I’m not happy with what he’s done.”As Peter Schiff pointed out in his podcast, this is the exact opposite of Trump's position when he was campaigning. Now that he's in the White House, Trump has turned into a Keynesian on steroids.
At the end of last year, something scary started in the markets, for a brief moment. For the casual investor, stocks and bonds both might have seemed a little shaky. And, for those who watch the market more closely, it all seemed to be coming undone. Fast. Maybe all the prognostications of the end to this historic bull market were finally coming to pass. If you didn’t notice, we don’t blame you. If you did, and the market just seemed to magically reverse course without a clear explanation: ditto.