Precious metals are apparently waking up. And here is where you can find the best deals.
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According to CoreLogic. New Jersey, the home of aging rockers Bruce Springsteen and Jon Bon Jovi, leads the nation in foreclosure inventory as a percent of mortgaged homes. New York is in second place. What do New Jersey and New York have in common? They are both JUDICIAL FORECLOSURE states. Judicial foreclosures states tend to…
Theresa May was not invited to a European Union summit in Bratislava soon after she became prime minister. She will have to get used to it.
Despite the Federal Reserve’s use of QE programs, the U.S. economy experienced one of the weakest recoveries on record following the Great Recession. Not only was real growth disappointingly low, but even nominal growth over which monetary policy has more control was feeble.
India will withdraw high-denomination banknotes in the nation’s biggest crackdown against unaccounted wealth and corruption in almost four decades.
What will change & what won't change after today's vote? Foreign policy? Fed? Media? Congressional authority? Economy? We'll offer our take on what to expect after the "most important election in history."
Moments ago the BLS reported Janet Yellen's favorite labor market indicator, the JOLTS survey [4], which as expected (since it tracked the modestly weaker September payrolls) showed that in September,
Stephen Roach, senior fellow at Yale University, discusses America's post-election economic challenges with a focus on helping the U.S. consumer. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
the “dollar’s” input simply shows cause with effect. The economy isn’t actually getting better, it is for now just not getting worse.
Only this isn’t a financial bubble or credit bubble engineered by a central bank’s idiotic monetary policy. This is a corruption bubble. And it keeps getting bigger.
Polls have opened across the east coast of the United States, as millions of Americans choose...
Voters in Puerto Rico elect a new governor today amid a massive economic and financial crisis that has sent thousands packing for the mainland United States.
Up to 300,000 Nato troops have been put on alert amid rising tensions between Russia and the Baltic states. Jens Stoltenberg, the secretary-general of Nato, said the alliance hoped to speed up the response time of thousands of its troops to allow it to react to a combat situation more effectively.
The Fed likes the word “credit.” It sounds a lot less onerous than “debt.”
The dollar has strengthened against other currencies since mid-2014 as the Fed was tapering QE Infinity out of existence, and as it began flip-flopping about rate increases. Dollar strength should have done two things in terms of international trade:
CME took emergency action to allow bigger-than-normal price swings in its interest rate futures on Election Day on Tuesday.
we are likely to see a desperate attempt at world inflation of money through further expansion of credit in the RC, to finance government spending in order to "get the world economy on its feet again" and crush any possibility of world deflation
More accurately, the actual question I strive to answer today is “Is the rise in price inflation, as measured by the BLS, transitory?”
China, the trade balance for October came in a surplus of $49.06 billion, narrower than the $51.07 billion seen as exports and imports missed expectations as well. China is the world's top buyer of copper and second largest gold importer.
Silver & Gold should be far more successful than investments in unpayable debt, paper currencies, & levitated stock & bond markets.
This is just one sign of many hundreds that continue to eat away at the financial and economic system. What is ironic to see is the complete failure of the analyst community to understand this.