‘Millions of American families struggle with zero or negative wealth, meaning they owe more than they own,’ a new report finds
Alan Greenspan compares Bitcoin to Civil War Greenbacks and Continentals
Don't blame this on Amazon. The authors note the "root cause is that many of these long-standing chains are overloaded with debt
Investor & former professor John Hussman doesn't think this is a sustainable situation, &forecasts that stocks will see negative returns over a 12-year period.
Global stocks fell Monday as investors became more cautious after several market indexes hit record highs in the past week.
A new record was set, there are now 95,385,000 people not in the labor force. Many Americans have looked for jobs but there are no jobs out there
There have been over 700 interest rate cuts globally since the great financial crisis.
SocGen's Lapthorne explains not only why the true story of US corporate balance sheets is far worse than the average data makes it appears, but also why "US balance sheet performance is increasingly polarized".
British shops suffered the first annual fall in retail sales since early 2013 last month as rising inflation and sluggish pay growth hit households in the pocket.
From the Clown Prince to a troubled oil business leading to a global gold standard, Jim says "finally, the fall of the House of Saud". Here's what it means...
Even from Japan! Its export producer prices are jumping.
Shifting trillions of euros of derivatives positions could be hugely disruptive.
The case reflects broader tensions about who will lead a disaster recovery that has been confused and inadequate, and who will control the effort to settle the island’s $74 billion of unpayable debt.
Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns, are supported by fewer and fewer people putting money in the system. Democrats sponsored a bailout scheme. Will it pass?
Volatility has returned, at least in the junk bond market. JNK, the Barclays High Yield Bond ETF, and HYG, the iShares High Yield Bond ETF, both had the steepest decline in three months. Is this another buy the dip opportunity, or is risk avoidance about to take hold?
While turbulent during the best of times, gigantic waves of change are now sweeping across the Middle East. The magnitude is such that the impact on the global price of oil, as well as world markets, is likely to be enormous.A dramatic geo-political realignment by Saudi Arabia is in full swing this month. It’s upending many decades of establ
A weakening dollar index in the coming days would provide gold the boost it needs to breakout from its lateral trend.
Bitcoin is monetary history in the making. But as Mike Maloney points out in this latest video, many of the investors in cryptocurrencies are new to the arena. Unfortunately, most have no idea how important monetary history is. The technologies may change, but the human emotions that power the markets - greed and fear - do not. To better understand what’s driving the price of Bitcoin and cryptocurrencies today, get a free copy of Mike’s book.
The House GOP Plan will be ruinous for retirees and those with medical expenses. Here's why it's a disaster in the making.
Bill Gross says we’re rapidly approaching a point at which the trend will induce an economic slowdown.