Japan’s continued failure with monetary policy has been surpassed only by the BOJ’s persistent belief that someday it will finally work.
Back in 2011, Denmark became the first European Union country to force losses on senior bank creditors in a bail-in. The shock left all but the biggest Danish banks shut out of funding markets as bond investors watched in horror.
There are currently about 54 million millennials entering the workforce in the US, and for many of them, the idea of buying a home isn’t an immediate goal. That’s because the majority (70%) are under an enormous amount of student debt. Large school loans are motivating many millennials to put off their first home purchase until they pay down some or all of their education expenses. The delay is having an immediate impact on the housing markets.
One of the problems of an era that involves markets mostly front-running central banks is when there are rumours of a change, as markets are then left wondering what to do? This happened yesterday when Bloomberg in particular started to push a suggestion that the ECB ( European Central Bank) was going to reduce or…
“But what about Credit Suisse, which has shown a similar decline in stock price? Who’s there to bail them out?” Gundlach said, speaking at the Grant’s conference on Tuesday.
I sat down with Doc to get an inside look at what is happening with one of the fasting growing bullion companies around. The conversation is short as SD Bullion is […]
Just think about this for a minute...
Former Texas Congressman Ron Paul sounds off on the Fed, economy and the 2016 election.
n the modern history of the US economy over the past seven decades, the longest period of time the country has gone without a recession was 10 years.
We spoke with William K. Black Jr., economist and white-collar criminologist, about the implications of the Wells Fargo case and the laws that might have been broken.
when Yellen is queried by a Congressman about a potential conflict of interest, of course she is unaware that it could be a possible conflict. “Revolving door” and “conflict of interest” in regards to government appointments translates to “business as usual” for government officials.
Richmond Fed President Jeffrey Lacker said Wednesday that inflation is heating up, building the case for the Federal Reserve raising interest rates.
In a long-awaited decision, a US Federal Judge today ruled that investors may pursue antitrust and manipulation claims against ScotiaBank and HSBC Holdings, clearing the way for silver manipulation price-fixing […]
Sustainability key for central banks far from inflation goals. Quantitative-easing concerns include how to exit the programs
It's Here, and It's NOW. When This Thing Unwinds, It Will Be Less Than 48 Hours Before ALL MARKETS ARE CLOSED. But That's NOT the Scariest Thing To Me...
Homeless shelters in New York City have seen a record breaking number of men, women and children using them.
Transportation Recession exacts its pound of flesh.
This is by far the longest streak of contraction in US history and obviously has never before occurred without a US recession.
ISM Servces has exploded to 57.1 - its highest since Oct 2015 - in an epic farce - the biggest jump on record. However, as Market concludes, "even with the latest increase the surveys are indicating that the economy is growing at an annualized rate of only 1%."
Is gold really a good hedge against hyperinflation? What is hyperinflation anyway? Jeff Clark explains this phenomenon and how to protect your wealth from it.