China’s currency has fallen nearly 4% against the dollar this year, with a chunk of that move taking place over the past month, though there has been a small recovery in recent days.
Devaluation of pound meets IMF demand in exchange for $13bn loan over three years to overhaul country's ailing economy.
In sharp contrast to a GDPNow forecast of 3.1 percent for 4th quarter GDP, the FRBNY Nowcast Model estimates 4th quarter GDP at a mere 1.6 percent.
Gundlach announced that he is heavily invested in gold while avoiding many other stocks. Gundlach also admitted in September that his firm is shorting
the economic forces now resented by workers who have seen their real earnings decline in the face of asset-price inflation in money-supply inflation.
Lee Adler, shows you why a collapse is inevitable now that rates have been suppressed for so long. But will there be inflation?
The number of countries in deflation has peaked, inflation surprise indexes are turning up, and inflation expectations are on the rise.Five factors are driving it: the rebound in commodities, the turn
Rates for home loans followed Treasurys higher as investors began to anticipate firmer inflation, Freddie Mac said.
Remember the 1970's? Flares, big collars and stagflation. Low growth, rising unemployment and soaring prices.
No resident of this city, regardless of where he or she lives, can claim to be unaware of the growing catastrophe of homelessness in Los Angeles.
Silver has been, is, and always will be “poor man’s gold.” Gold is unobtainable for most people in the world the way it’s priced right now. If a global crisis […]
With each passing week the level of homelessness in New York City continues to surge to new record highs.
in October the number of Americans who were not in the labor force rose by a substantial 425,000 to 94,609, the highest print in the series since May, and suggests that the exodus of Americans out of the labor force has resumed.
We’ve seen how the feds created fake money after ditching the Bretton Woods gold-backed money system in 1971.
Bill Gross, reacts to the U.S. October jobs report and offers his view of the U.S. economy, which he sees in a 1 - 1.5 percent real growth mode. He speaks with Bloomberg's Tom Keene on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
Let’s not confuse either liquidity or stupidity with a dollar shortage. In fact, the notion is downright absurd.
The unemployment rate dipped modestly from 5.0% to 4.9%, in line with expectations. The Labor force participation rate declined from 62.9% to 62.8%.
with futures currently printing modestly in the red, should we close payrolls Friday with another negative print, it would be the longest negative streak since December 1980.
Gold has resumed its now year-long rally, and there's still plenty of upside for gold, says analyst Larry Edelson.
Nick Write explains "The Road to Ruin" Jim Rickards new book about the elites plan for the next financial crisis.