Simply Unaffordable! It is April 25, 2017 and S&P/CoreLogic just released the home price indices for February. The good news (for homeowners)? Home price growth keeps on rising, now at 5.8% YoY. The bad news (for renters)? Earnings growth YoY for Production and Non-supervisory workers is growing at 2.34% YoY. That is less than half of home…
London Expert Alasdair Macleod analyzes the geopolitics and economics behind America’s war strategy from China’s perspective, concluding that it is entering its final phase. China’s exit plan appears to be […]
Gold has survived dictatorships & oligarchies, serving as a standard governments haven't ignored.
The Chinese and U.S. stock markets are going in opposite directions.
Top Trump administration officials will hold a rare briefing on Wednesday at the White House for the entire U.S. Senate on the situation in North Korea.
First responders will participate in a full-scale exercise on April 26 designed to prepare for the possibility of a complex coordinated terror attack in the National Capital Region.
Two more people killed during political unrest in Venezuela on Monday, bringing the total number of deaths to 12 this month, as anti-government protests entered a fourth week with mass "sit-ins" to press for early elections.
The government is preparing its citizens to be ready in case a missile hits Japan.
That won't be enough, however, to make the European Central Bank signal an end to monetary stimulus program on Thursday.
World stocks hit record highs on Tuesday, with investors' relief at centrist Emmanuel Macron's victory in the first round of the French presidential election supported by speculation about U.S. tax reform.
President Donald Trump may be willing to wait until September or possibly next year to secure federal funding for his controversial border wall
The tariff shows how serious Trump is about enforcing trade rules, Commerce Secretary Wilbur Ross tells CNBC.
North Korea reportedly put on a massive live-fire drill on Tuesday to mark the foundation of its military.
Newspaper headlines have revived the debate on whether the mega Wall Street banks continue to pose a systemic threat to the U.S. banking system & the economy.
“There is this kind of partisan coloring,” Mr. Bernanke told me last week in a rare interview while on a trip to Manhattan from Washington, where he lives.
Greece is on the hook for a €7 billion debt repayment in July, but may not be prepared to meet the obligation. If Europe doesn't agree to come to an alternative agreement, the IMF may step in and bail them out again.
A rate that low would make it difficult to find ways to increase revenue or eliminate deductions to offset it -- that means a plan wouldn’t be revenue-neutral, or permanent.
GOLD HIT ON OPTIONS EXPIRY BUT NOT SILVER...
Hedge funds are betting on gold, boosting gold futures and options to the highest level since last November, as investors scramble for golden life rafts.Gold has advanced by 11% this year, and investors seem to think the gold bulls will continue to run, according to a Bloomberg report. In addition to betting up futures, investors are also loading up on the yellow metal through exchange-traded funds (ETFs). They poured $487 million into SPIDR Gold Shares last Wednesday. That represented the largest daily inflow into the top gold bullion ETF in seven months. According to Bloomberg, a weakening dollar and rampant uncertainty are driving investors into the safe haven of gold.