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Donald Trump may be the market's hero, but he could soon become its villain, warns Yale professor of economics Robert Shiller.
    FHFA Home Price Growth Weakest Since Nov 2013
Mar 22, 2017 - 07:05:54 PDT
This was below the lowest of 16 economists' estimates...
    U.S. Mortgage Activity Fades from near Four-Month High
Mar 22, 2017 - 07:02:37 PDT
U.S. mortgage application activity fell from a nearly four-month peak as borrowing costs on 30-year home loans held at their highest level almost three years, Mortgage Bankers Association data released on Wednesday showed.
GOLD SHOOTS UP $12.50 DESPITE THE RAID ATTEMPT, SILVER BREAKS THROUGH CRITICAL RESISTANCE...
As oil prices and production declined, Pemex lost $30.3 billion in 2015 and $14.3 billion in 2016.
North Korea has nothing to fear from any U.S. move to broaden sanctions aimed at cutting it off from the global financial system & will pursue "acceleration" of its nuclear and missile programs, a North Korean envoy told Reuters on Tuesday.
Sears Holdings Corp. plunged as much as 20 percent in early trading after acknowledging “substantial doubt” about its ability to keep operating, raising fresh concerns about a company that has lost more than $10 billion in recent years.
Payless Inc., the struggling discount shoe chain, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter.
The global art market contracted for the second straight year in 2016, falling to the lowest level since the financial crisis as economic and political volatility weighed on auction sales.
    PBOC Injects Hundreds of Billions into Chinese Banks
Mar 22, 2017 - 05:55:53 PDT
After Sudden Defaults In Interbank Payments. As is customary virtually every time the Chinese central bank commences some form of tightening.....
Equities dropped across the globe as investors began to question the U.S. president’s ability to enact his pro-growth policies, casting doubt on the so-called reflation trade. Safe-haven assets advanced.
Goldman Sachs Group known for advising the world's richest & most powerful, is building a so-called robo-adviser geared to mass affluent customers, according to a job listing posted Monday on the bank's website.
he last 5 days have seen the biggest crash in Puerto Rico muni bonds since June 2015 when the Governor declared debts "unpayable."
    This New Bubble Is Even Bigger Than the Subprime Fiasco
Mar 22, 2017 - 05:33:31 PDT
According to the Fed’s most recent Household Debt & Credit Report, the student loan default rate is 11.2%, almost the same as the peak mortgage default rate in 2010.
    Why Obamacare Is the Biggest Fraud in American History
Mar 22, 2017 - 05:31:04 PDT
And Was Designed to Be Exactly That!
Gold looks technically superb, and the fundamentals look even better.
"This crime is already 285 times bigger than the LIBOR scandal, and 500 times bigger than Madoff’s swindle. It is, in fact, the largest, most destructive financial crime in history." […]
Are You SURE Real Estate Is A HARD Asset?
The annual Retirement Confidence Survey (RCS) was released recently and shows 1 in 4 workers surveyed have less than $1,000 saved for their retirement. The RCS, published by the Employee Benefit Research Institute, measures statistics taken from 1,000 individuals aged 25 and over about their retirement confidence, planning strategies, and savings amounts. The survey’s results show a disconnect between US worker confidence in their ability to retire comfortably and their actual preparedness.