Even Alan Greenspan, erstwhile maestro, now acknowledges ‘bias in the statistics.’
U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.”
Straggler behind the Fed and the ECB gets the drift.
“Uncertainty over the real impact on [the] U.S. economy and Chinese economy is driving gold prices higher,”
Analysts say shift to reduce US dollar dominance is underpinned by expectations that trade war will cause shift in consumption and investment patterns away from globalization.
This is the highest April reading since 2007, when the rate was at 6.4%.
The number of adults aged 23 to 37 staying or returning home to their parents has been steadily rising since 2000.
The US government is hurtling toward a potential financial crisis, and no one in Washington seems to know how to stop it.
Stocks fall sharply after China decides to raise tariffs on $60 billion worth of U.S. goods.
Four in 10 Americans sometimes face what economists call "material hardship," struggling to pay for basic needs such as food and housing...
David Morgan answers your questions today, including this one about strategy. Not sure what to do next? Here's David with some options...
The federal government spent $2,573,708,000,000 in the first seven months of fiscal 2019 (October through April), setting an all-time record for real federal spending in the first seven months of a fiscal year...
Uber launched its IPO on Friday. It was less than ideal.Meanwhile, the Federal Reserve is talking about how it wants to tweak its quantitative easing program when the next recession rolls around.Peter Schiff talked about how these things relate — and the "writing on the wall" for the economy in his latest podcast.
While The Broader Markets Are Primed For A Crash...
The White House is considering conservative economist Judy Shelton to fill one of the two vacancies on the Federal Reserve Board of Governors that President Donald Trump has struggled to fill.
Chris Whalen is correct. Deutsche Bank’s problems ARE Amercia’s problems as well. And you can see why Brexit is so important to German banks.
Typically, a strong dollar is considered one of the greatest “enemies” of gold and precious metals prices. In fact, a relatively strong dollar has created headwinds for gold for months. Another interesting commodity we can take a look at is oil. Historically, oil and the USD have a negatively correlated relationship, with oil being one of the most inflation-sensitive commodities out there. However, this wasn’t the case late in April. Oil surged to around $65/barrel (WTI). The price has eased a bit since, but it is still trading in the $62/barrell range.
Markets continue to watch for developments in the the ongoing trade war between the U.S. and China.
This sugar-high circularity is great when markets are buoyant but painful when they reverse
“I think that China felt they were beaten so badly in the recent negotiation that they may as well wait around for the next election,” Trump said Saturday in a pair of early-evening tweets. Trump’s comments came a day after talks between the two economic superpowers ended without a resolution, the U.S