In the west there is "helicopter money." In Russia, they do "airplane gold."
Puerto Rico’s hard times are about to get harder.
Bankrupt Toys 'R' Us Inc is preparing to sell or close all 885 stores in its U.S. chain, risking up to 33,000 jobs, after failing to reach a deal to restructure billions of dollars in debt, a person familiar with the matter said on Wednesday.
"If the 'Deep State' gets pushed into a corner much further, they can basically pull the plug. That means the stock market could come tumbling down, and then they could blame the Trump Administration..."
At least the Atlanta Fed’s Q1 GDP forecast is going down … from 5.4% to 1.9%. The latest shoe to drop? The CPI report on 3/13, PPI …
Online searches for “bitcoin” fell 82 percent from December highs, according to Google Trends. Tweets that mention the coin peaked Dec. 7, at 155,600, and are now down to about 63,000, BitInfoCharts says. And the number of bitcoin transactions is off 60 percent from its record on Dec. 13, according to Blockchain.info.
Pacific Investment Management Co. is cutting its investments in Australian bank debt because of lofty valuations as well as trimming holdings of real estate and retailers’ bonds.
The government's official inflation numbers: When the purveyor of information is highly incentivized to spin it a certain way, regard statistics with a high degree of skepticism.
According to Google Trends: Gold still is the leading money in the world as it's been for Thousands of years.
Counterintuitively, rare investment opportunities are often marked not by flash and fireworks, but by outright boredom.
Following a mixed bag from CPI and PPI data, despite a shift to China's 'export' prices pushing inflation to the world...
"The central bank indicated that it projected three interest rate three hikes this year. However, in the last few weeks, expectations have increased for more forceful action."
Larry Kudlow: "I Would Buy The Dollar And Sell Gold"
Credit Bubbles Always Burst.
Worldwide Gold Supply Projected to Fall Steadily through 2025. Even as mines become exhausted, demand for gold as a commodity will still exist."
The U.S. Senate voted 67 to 31 on Wednesday to ease bank rules, bringing Congress a step closer to passing the first rewrite of the Dodd-Frank reform law.
Prices of major cryptocurrencies saw a sharp downward slide Thursday, amid closer regulatory scrutiny on the space and after Google announced plans to ban advertising related to the sector.
Here’s one sign that investors remain hostile to the dollar: Buyers of U.S.-listed funds are rushing into European and Japanese stocks without currency protection.
Chris Powell says that Keith Weiner has responded to the criticism but has said nothing. Here's why...