The increasing civil discord is seeded in a collapsing economy:
with Chinese stocks falling to three-month lows as concerns about tighter financial regulations amid a crackdown on shadow banking weighed on banking shares.
(As Atlanta Fed GDPNow Q2 Forecast Is 4.2%) No wonder Janet Yellen, Stanley Fischer & other Fed's are confused.
Governments are moving ever more closer to totalitarian states eliminating privacy and human rights. This is a global trend that will come to a head because governments will never reduce their costs
The GAO study also stresses the importance of “preserving confidence in the full faith and credit of the United States,” by avoiding Congressional impasse on the debt limit.
The 'U-6' rate declined slightly to just 8.6 percent. This broader measure shows more trouble for the economy.
The Bank of England said on Friday it had set out indicative requirements for how much loss-absorbing capacity major banks based in Britain need to have to avoid the risk of future big taxpayer bailouts.
Turning to the BoJ's potential exit from its extraordinary policy, Kuroda declined to comment on any specifics.
Italy Increasingly Dependent on ECB, Target2 Capital Flight Revisited |
Global inflation will not sustainably rise while core input prices are tanking. That’s negative for financial markets sentiment.
Eight Latin American nations have denounced what they call “excessive use of force” by Venezuelan authorities.
North Korea on Friday accused the U.S. Central Intelligence Agency & South Korea's intelligence service of a plot to attack its "supreme leadership" with a bio-chemical weapon & said such a "pipe-dream" could never succeed.
In April, the number of Americans not in the labor force rose by 162K to 94.375MM, the highest of 2017.
Jim Rickards shows you why crisis in China could be “the snowflake that causes an avalanche in global financial markets.” Read on.
Nowhere is the subprime debt time bomb more likely to go off than Toronto, which as we recently noted "has gone nuts."
Futures pointed to a flat opening for the S&P 500 ahead of a key jobs report.
The Federal Reserve held pat on interest rates at its May meeting. The Federal Open Market Committee unanimously voted to keep the benchmark rate target at 0.75 percent to 1 percent. The Fed continued to express optimism about the state of the US economy despite the recent slowdown in growth and hinted future hikes remain on the table. But will they come to pass?
Global demand for physical gold increased by 9% year-on-year in the first quarter of 2017, according to the latest demand report from the World Gold Council.The sale of gold bars and gold coins hit 289.8 tons worldwide in Q1, driven by Asia's appetite for gold. The WGC said the strength of the retail investment market in the first quarter built on 2016’s exceptionally strong finish.Demand in China soared in the first quarter. Chinese investors gobbled up 105.9 tons of gold. That represents a 30% year-on-year increase, and was the fourth strongest quarter on record.
Watch as the Dow-Jones-Silver ratio falls back towards 50/1… & The Silver Price Hits a All-Time New High