(from credit, yield curves, and bitcoin) to comprehend how long this 'dance' can continue, "until the system itself breaks down."
"The system’s increasing complexity has sown financial stability risks," the IMF’s assessment said.
Jim says the U.S. is will be given a challenge to avoid WWIII, but as Jim points out, 70-80% of Congress are warmongering neocons...
And they’re going to choose to let stocks go. The #1 driver of the stock market is Central Bank money printing. In 2017 alone, the BoJ and the European Central Bank (ECB) have printed over $1.5 TRILLION and funneled it into the financial system. The primary goal of this is to ramp stocks higher. But
"The U.S. & the Eurozone are heading for an economic slowdown in 2019, & given the rising levels of corporate leverage, this should have an impact on credit."
The consensus view is the Fed will hike 3-4 times in 2018 and that treasury yields long ago bottomed. Agree? I don't.
That means positioning for a recession in coming years as higher rates choke off economic growth.
When the Q4 US resident population data is released, something that has not happened in the post WWII era will take place. The population...
Europe needs a monetary fund to shore up its resilience and capacity to absorb shocks. The eurozone almost collapsed in 2011-12 when money stopped flowing from one country to another.
The question of how you can have rising prices but not be out of deflation might seem like a point for bureaucrats and academics to debate,
Brazil cut its key rate by 50 basis points, bringing benchmark borrowing costs in Latin America’s largest nation to a record low, & signaled a slower pace of easing at its next meeting.
“It is almost a given that it will end badly,” he said.
One of the House's conservative leaders indicated Thursday that Republicans have the votes needed to approve legislation preventing a weekend partial government shutdown. With Senate passage also considered likely, the remarks by Rep. Mark Meadows, R-N.C., seemed to erase any doubt that...
Since 1986, a bear market has followed each time that the ERR rule has been triggered.
The US Treasury 10Y-2Y curve continues to go down (flatten). It has now hit 51.56 BPS. The USD Swap Spread 10Y keeps on rising.
Bond guru Bill Gross thinks investors need to "be careful in 2018" and cites six areas they need to watch as the calendar is set to turn.
"We're right at that level where in the past you would have wanted commodities instead of stocks," Gundlach said
Cash entering or leaving the European Union will be subject to tougher checks, according to new rules backed by the European Parliament’s Civil Liberties and Economic Affairs committees. The new rules repeal the First Cash Control Regulation (CCR) from 2005, which requires individuals to declare sums over €10,000 when leaving or entering the EU. MEPs
The Australian Securities Exchange says it is the first global market to switch to the technology.
Customers of cryptocurrency trading platform Bittrex are complaining of problems withdrawing money and say they have been left in the dark by the huge US exchange.