Internally, the recovery is gone, and it is never coming back. Externally, we have sub-5% unemployment so we all should be so happy, especially with, in her view, stable prices.
Our “prosperity” has been fueled by the greatest debt binge in the history of the world, and we are greatly fooling ourselves if we think otherwise.
Has the Reset Begun Via A Dollar Melt-Up? Exert Analyst Jim Willie Reveals A DRAMATIC Divergence Between the PHYSICAL and Paper Gold Price Is Developing...
(Great Job Federal Government And Fed!!) In the final quarter of the Obama Reign of (Economic) Error, the US economy slowed to under 2% (at 1.9% QoQ). GDP YoY is also 1.9%. The deceleration in real GDP in the fourth quarter reflected a downturn in exports, an acceleration in imports, a deceleration in PCE, and a downturn in federal government spending that…
A proposal for California to break away from the United States has been submitted to the Secretary of State's Office in the state capital. If it qualifies, it could trigger a vote on whether the most populous US state should become a separate nation.
After Athens and its creditors failed to find a solution to the country’s deadlocked bailout this week, French Finance Minister Michel Sapin warned the “window of opportunity” for a deal is closing.
“To be honest, there are challenges from the new US administration; challenges regarding rules of commerce, regarding the way we think conflicts across the world should be solved,” Hollande said.
U.K.’s Prime Minister Theresa May is meeting U.S. President Donald Trump this Friday.
U.S. automakers can't compete in the global economy. "That's why Ford, Chrysler, General Motors went broke,"
GOLD AND SILVER WHACKED AGAIN AS COMEX OPTIONS EXPIRE TODAY/OTC OPTIONS EXPIRE ON TUESDAY JAN 31...
It appears Europe is charging towards the utopian dream of a cashless society.
European Central Bank President should continue to keep its monetary policy loose, focusing on inflation in the euro zone as a whole, until there is a sustained rise in price growth, the International Monetary Fund said in an assessment.
The data will add to the prime minister’s frustration that years of massive monetary easing & fiscal stimulus have so far failed to drag Japan out of the deflationary abyss
"If people want to say China has taken a position of leadership, it's not because China suddenly thrust itself forward as a leader. It's because the original front-runners suddenly fell back and pushed China to the front."
Donald Trump had a very busy first week in office. He started work on the day he was sworn in as the 45th President of the United States.
At its low, the currency was down more than a percent against the U.S. dollar after Mexican President Enrique Pena Nieto canceled a meeting with President Donald Trump, in a dispute over Trump's border wall. It later reversed some of the losses.
Russian President Vladimir Putin and U.S. President Donald Trump will have their first official discussions since the inauguration in a phone call planned for Saturday, the Kremlin said.
A new dynamic entered the $5.1 trillion currency market in recent days, as the dollar failed to keep pace with a rise in U.S. Treasury yields.
Britain’s economy grew faster than expected in the final quarter of 2016 showing no signs of the downturn many economists had predicted after the country voted to leave the European Union in June.
David Stockman, former budget director for Ronald Reagan, appeared on Fox Business recently to discuss Donald Trump’s tax cut plans and the coming debt ceiling crisis he’s predicting this summer. Stockman doesn’t see tax cuts as a possibility given the nation’s current debt levels.Stockman wants to dispel the myth that Donald Trump’s economic plans are analogous to Ronald Reagan’s. The two presidents are in “diametrically different positions,” Stockman believes. The biggest difference is the size of the national debt, which was relatively small at the time, provided economic cushion for exploring tax cuts and defense spending.