The Total Pension Liability reported at the last fiscal year ends totaled $4.72 trillion, up from $4.43 trillion as of the prior fiscal year ends
President Donald Trump plans to nominate Federal Reserve Governor Jerome Powell to the top job at the U.S. central bank, the Wall Street Journal reported, citing a person familiar with the matter.
While this should be no surprise to stackers, there are several ideas that merit attention. Here's where to invest when everything's a bubble...
The pace of Americans jumping ship started to accelerate in 2010, when the Foreign Account Tax Compliance Act (Fatca) became law. The act was intended to stem tax evasion of U.S. citizens living or working abroad by basically requiring foreign institutions holding assets for American expats to report those accounts or withhold a 30 percent tax on them.
Almost two-thirds say this is the lowest point in U.S. history—and it’s keeping a lot of them up at night.
The international financial system needs to balance which is why there is no place for a dominant currency, said Russian PM Dmitry Medvedev.
Dave Kranzler breaks down the new CME Bitcoin futures contract. Anybody wondering about the potential impacts on gold & silver might want to read this...
...a 'potential significant danger'. The spread between bulls and bears hasn't been this high since shortly before the Black Monday crash, according to Investors Intelligence.
As traders commemorated the 30th anniversary of Black Monday, amid the rising uncertainty of US tax reform, European sedition, Mideast tensions, ongoing Asian saber-rattling, and global monetary policy hawkishness, US equity markets experienced the quietest month in their history.
When will the Fed hike rates
Also as expected, the MSM is all over "December", and drooling over every line from the statement. Here's an update...
Here's The Fed's big problem... no matter what they say or do.. the market keeps sending financial conditions easier and easier....As Goldman points out - the financial conditions index has moved as if the fed has eased three times not hiked!
The biggest winner will be gold. The time to enter your gold position, if you don’t already have one, is now.
Gold prices set to post their largest single-session climb in roughly three weeks on Wednesday ahead of a Federal Reserve decision that could help shed more light on the path for U.S. monetary policy.
Fed statement expected on Wednesday at 2 p.m. EDT. Gold's move higher accelerates on break of 100-day ma
John Rubino gives his thoughts on the increase in the money supply, velocity of money & what it means for the Fed’s monetary policy in light of debt levels.
The legendary Art Cashin takes us behind the scenes at the NYSE
The M2 Money stock is over 3 times greater than in 1995 (that’s a lot of printing!) & interest rates have been depressed since December 2008.
It is doubtful that we will learn much from today's Open Market Committee (FOMC). Hopefully, we will get additional clarity on the Fed Balance Sheet unwind schedule (it was supposed to start in October and it is now November). Ahead of the meeting, both the 10Y-2Y and 30Y-5Y Treasury slopes fell to near 10 year…