The European Central Bank warned on Thursday that banks need to boost their profitability & business models amid the risks that the sector faces.
Detroit was once known as a city where a working-class family could afford to own a home. Now it’s a city of renters.
Auto loan and lease credit performance will continue to deteriorate in 2017, led by the vulnerable subprime sector, Fitch Ratings said in a report released Wednesday.
The American Society of Civil Engineers says that if the growing infrastructure gap is not closed, it will create a $4 trillion drag on U.S. GDP by 2025
Both Services & Manufacturing PMI disappointed, tumbling to the lowest levels since before the election. Simply put, the 'soft' data is converging back lower to the dismal reality of the 'hard' data.
CHINA SENDS HER DISPLEASURE SIGNAL TO WASHINGTON...
How long can the Gold & Silver market suppression persist? Is JP Morgan hoarding massive amounts of silver, and when will their strategy change to let the market run long? […]
The Banksters Do NOT Want This:
More 'Hard' Data Disappointment
Tens of thousands of Argentine teachers marched in the capital Buenos Aires on Wednesday as part of a nationwide strike challenging the administration of President Mauricio Macri. Unions for private and public school teachers are demanding a pay increase of 35% to compensate for Argentina's high inflation in consumer prices.
Gold through technical resistance at around $1,250. “If the market can consolidate above $1,250 in the coming days we could see an attempt at the 200-day moving average of $1259.50
The biggest winners continue to be gold and silver, EM debt, while Junk bonds remain the most impacted.
House GOP leaders are hurtling toward a vote Friday on their embattled health-care bill without knowing for sure whether they have enough support to pass the measure, after yielding to Trump administration demands to act now.
As massive Wall Street banks continue to inflate in size, the bipartisan negligence guided by the U.S central bank, has allowed the global economy, markets & businesses to be put at risk.
Meet Digital Gold ‘Gifting':
Gold and Silver jumped on the Fed rate hike last week with Yellen's more hawkish tone on inflation
Over 10,000 items from a gold and silver treasure dating back to the Ming Dynasty 300 years ago have been discovered at the bottom of a river in China.
For decades, researchers believed that violent supernovas forged gold and other heavy elements. But many now argue for a different cosmic quarry.
"This immense progress has been overshadowed by a crisis of legitimacy. A series of scandals ranging from mis-selling to manipulation have undermined trust in banking.....
Over the past couple of years, the Gold Bugs/SPY ratio could be forming a reversal pattern (bullish inverse head & shoulders).