Here we sit with Treasury burning cash at a staggering rate of speed. The Treasury’s cash balance is rapidly approaching zero. In other words, Uncle Sam will likely run out of money very shortly.
The 3-month London Interbank Offered Rate (LIBOR) has been rising since The Federal Reserve raised The Fed Funds Target Rate in December 2015.
Senate Democrats warned Republicans Monday that attempts to take funding away from Planned Parenthood or pay for President Donald Trump’s border wall in a stopgap spending bill that must pass by late April would result in a government shutdown.
Mall REITs have generally done well, except during the financial crisis.
Investors are betting against commercial mortgage-backed debt
Understanding the how & when of the next economic crash
That suspension ends this week, at which point a debt ceiling of $20.1 trillion will kick in.
Fitts tells all her clients to hedge for any scenario and “hold a core position in gold.”
The Fed would like to raise target interest rates because of inflation concerns & concern that asset bubbles are forming. Part of the concern seems to be rising oil prices, compared to their low level in early 2016.
John Hussman: This is the most dangerous & overvalued stock market on record — worse than 2007, worse than 2000, even worse than 1929.,,
Just like everything else in the western financial system, the paper trading markets are leveraged beyond redemption.
David Stockman joined Fox News to expose what his analysis shows as a massive debt crisis about to unfold. Here's the full interview...
Speaker Paul Ryan Casting his ObamaCare replacement bill as the only chance to save America from a complete health-care collapse...
Cuts of the magnitude that the president wants have not hit the federal government since the end of World War II.
Puerto Rico is trying to stem rampant out-migration, reduce a 45 percent poverty rate, and fix near-insolvent public healthcare and pension systems.
As tension continues to mount on Capitol Hill, Treasury Secretary Steven Mnuchin warned several Congressional leaders on Wednesday that America would face the debt ceiling next week.
According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars. Other estimates put that figure closer to 200 trillion dollars
Chinese credit relative to GDP has doubled in the past decade to 300%. Which remains less than the US at 350%, but the rate of Chinese credit growth is as unsustainable as it is difficult to reverse -- without tanking the economy.
The Bank of Japan’s bond-purchase plan for March puts policy makers on track to miss an annual target, leaving investors debating whether they’re witnessing a stealth tapering.
You really wouldn’t want to be in the European Central Bank’s shoes right now. It is stepping through a minefield, tiptoeing between perilous politics, conflicting economic signals and deep divisions about where euro zone monetary policy should be...