Economics is lost, mired in a quicksand of predictive models that fail to predict and macro-analysis that fails to analyze.
Congressional Republicans are making last-ditch efforts to win over the remaining holdouts on their health-care bill, with moderates pitching a new amendment and the White House saying a vote could come later this week.
For any system to endure, it must maintain a built-in capacity to self-correct: that is, it must generate accurate informational feedback about dangerous asymmetries and auto-correct with behavioral feedback.
Congress could help the territory by simply funding its Medicaid system the way they fund the states.
Puerto Rico was hit with several bondholder lawsuits as the commonwealth failed to reach a restructuring agreement with creditors.
Neutralizing Pyongyang's nuclear, chemical arms warfighting priority, SOCOM commander says
The Chinese Embassy in North Korea has advised Korean-Chinese residents to return home amid concern that the North’s military provocations may trigger a U.S. attack on the North...
Gary Cohn, the former President of Goldman Sachs who now serves as Trump’s Director of the National Economic Council, met in private on April 5 with members of the Senate Banking Committee.
The U.S. Treasury said it will maintain at $62 billion the issuance of longer-term debt for the sixth straight quarter, as it studies the “costs and benefits” of issuing ultra-long bonds.
Kyle Bass discusses China’s economy and the global risks to financial markets
Gundlach also said he expects gold to "have another leg up"
The collapse in both ISM's Manufacturing & Services Employment sub-indices suggested notable downside for jobs in April and sure enough the ADP print corrected & was revised lower...
European, Asian stocks & S&P futures all fall as investors weigh poor overnight news on Apple earnings & U.S. car sales, while the dollar rose in muted trading as investors contemplated chances of another rate hike next month ahead of today's Fed statement.
Housing bubble? There are still more losers than winners in this recovery, Trulia says.
The six biggest carmakers report delivery declines in April. Factories destined for longer-than-usual closures....
Trends Forecaster Gerald Celente Sees Storms On the Horizon, Urging Investors, "There's No Safter Place Than Gold..."
Economic bubbles are an important concept for any investor to grasp because they result in drastic price corrections of a commodity, security, bond, etc. Recent examples include the Dot-Com bubble of the 1990’s or the Housing Bubble of 2008, which kicked off the Great Recession. But what are economic bubbles and why do they form in the first place? Understanding how to spot them is the key strategy for any successful investor who wants to know when to sell an asset or short a stock.
You've probably heard people say gold is real money, but what does that actually mean? Is there some fundamental difference between gold and the green pieces of paper stuffed in your wallet that we call money? As investment guru Doug Casey put it, "The dollar is, technically, a currency. A currency is a government substitute for money. But gold is money." So, what is money? Simply put, it is a medium of exchange and a store of value.
As Asia regains its appetite for gold, production in the region appears to be dropping. The trend could ultimately have an impact on global markets. According to a rare report issued by the China Gold Association, the country's first quarter gold production dropped 9.3% year-on-year, falling from 111.563 tons in Q1 2016 to 101.197 tons this year. Meanwhile, demand for gold in China surged 14.73%
When Donald Trump was elected on November 8, 2016, investors were overjoyed at the thought of deregulating the economy, repealing Obamacare and (at least) parts of the Dodd-Frank financial regulations. But as time passes and investors realize that there is considerable resistance in Congress...