The era of low global interest rates is not expected to come to an abrubt end, Federal Reserve policy maker James Bullard said on Wednesday, although a rise in U.S. productivity growth would normally require a rise in its rates.
Only 7 days into India's currency reset, the nation of 1.2 billion people is rapidly descending into chaos. Luke Rudkowski takes you along on his travels as he is broke […]
A dollar collapse is coming...
Just as the Economist predicted nearly 30 years ago, the world is going cashless...
Risks appear to be mounting, markets are pricing in the opposite, with low levels of implied volatility almost everywhere. There are many global risks on our radar,
The Bank of Japan is keeping yields ultralow, setting the stage for what may be the next leg of Japan’s deflation fight.
Following the latest, October, double-digit decline in worldwide sales, which dopped by 12% following the September 18% slide, CAT has not recorded a positive growth month for nearly 4 straight years
China’s adjustment is likely to be much more difficult, much longer lasting, and perhaps much more disruptive.
The ECB very recently confirmed that its gold reserves are stored across 5 international locations. However, the ECB also confirmed that it does not physically audit its gold, nor will it […]
The EU is splintering right before the EU nannycrat’s eyes, but they don’t see it. Instead they scream “more Europe”.
ECB President Mario Draghi has said the central bank is not going to change its ultra-loose monetary policy any time soon. He warned against watering down financial-sector regulations as planned by Donald Trump.
overseas central banks aren’t simply content to take Janet Yellen (or Stanley Fischer) at her word about resilience & sufficient liquidity.
there is an extremely high chance of a recession, History would suggest that the odds are 100%.
It wasn't planning to: President-elect Donald Trump claimed credit on Thursday for keeping a Ford plant in Kentucky from moving to Mexico. But the company never planned to move the entire plant, only one of its production lines.
The dollar climbed its highest level in 14 years, bond yields biggest rise in 13 years on bets U.S. inflation & interest rates are headed higher.
This is How Families Get Squeezed to Bail Out Pension Funds in Chicago. Coming to a municipality near you.
Volkswagen AG reached a landmark agreement with workers to cut as many as 30,000 jobs globally and save 3.7 billion euros ($3.9 billion) in expenses as the company tries to claw back from the emissions-cheating scandal and invest in electric vehicles.
Banco de México raises key interest rates by 0.5% as it warns global economy has become ‘more complex’ after Donald Trump’s election as US president
Federal Reserve Chair Janet Yellen speaks during testimony before Congress's Joint Economic Committee. (Source: Bloomberg)
97% of the Indian economy is cash-based. With 88% of all outstanding currency no longer usable, the economy is coming to a standstill. The daily-wage laborer, who leads a hand-to-mouth […]