Walking away from the trade-deal table might only be the beginning.
It cited the series of scandals resulting from the bank’s failure to uphold anti-money laundering controls as causing reputational and monetary damage which has been borne by shareholders.
“The interest-only phenomenon is a late-cycle indicator and definitely a red flag,” said Christopher Whalen, chairman of Whalen Global Advisors.
Gold prices up on Tuesday as the stock market weakened following the announcement of United States President Donald Trump to increase tariffs on $200 billion of Chinese goods...
Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoins worth about $40 million via a single transaction in a “large scale security breach,”
Matt looks beyond the trade deal to discuss the broader ramifications of US-China relations taking a turn for the worse...
There has been an increase in market risk over the past couple of weeks, and it's being reflected in the dollar price of gold. Stewart explains...
U.S. consumer debt growth eased in March with the smallest increase in nine months, suggesting Americans were less motivated to spend despite the strong labor market.
Gold was steady overnight, trading either side of unchanged in a tight range of $1279 - $1283.75. It rose to its $1283.75 high during Asian hours, fading some moderate weakness in the US dollar (DX from 97.57 – 97.38).
Powell has abandoned the idea of tuning to financial conditions and the rate might still be low enough to encourage this debt to continue to grow.
Chris Powell says blame journalism if gold investors are puzzled why gold isn't responding positively to the current state of geo-politics. Here's why...
Everyone Else Was Selling. "buying was led by corporate buybacks, as all other groups (hedge funds, institutional and retail clients) were net sellers of equities for the second consecutive week."
DoubleLine CEO Jeffrey Gundlach is flagging risks in the rising U.S. deficit.
Inflation has played a big part in shrinking the American middle class.
The U.S. Secretary of State said that China is entitled to exactly no gold in the Arctic, which begs the question: If gold is a barbarous relic, then...
In the near term, scarcities that drive agricultural prices higher and people fleeing unliveable, unaffordable cities are likelier possibilities.
Global retailers once seemed to pay whatever it took to lease space on Manhattan’s Fifth Avenue. That doesn’t appear to be the case anymore.
A decade of ultra-low yields and financial gimmicks have turned a generation of savers unwittingly into gamblers and fueled a marketing bonanza of ‘high yield’ funds, products and strat…
A decade of ultra-low yields and financial gimmicks have turned a generation of savers unwittingly into gamblers and fueled a marketing bonanza of ‘high yield’ funds, products and strat…
We must remember this simple fact; energy drives the markets, not finance. Finance steers the market. So, for the economy to expand, there must be oil production growth.