China is moving through its reform stage that began in 1989.95. We should see the first political shake up by 2021/2022
Shares in Germany's largest bank plummeted to a new record low on Friday after reports indicated that 10 hedge fund clients have moved their holdings to other financial institutions.
“Crisis” questions are being asked: “is there risk of a financial crisis re-run” and “can a large European bank face a liquidity event”?
ING Groep NV, the largest Netherlands lender, will announce thousands of job cuts at its investor day on Monday, Dutch newspaper Het Financieele Dagblad reported Friday, citing unidentified people with knowledge of the matter.
Deutsche Bank AG Chief Executive Officer John Cryan rushed to shore up confidence in his beleaguered lender after concern some clients are reducing exposure to the company pushed shares to record lows.
unprecedented money-printing & governmental promises, is beginning to crack at its foundations & the central banks are losing control.
Rick Rule, president & CEO of Sprott U.S. Holdings, discusses the outlook for gold prices amid this weak economic growth environment.
As we have predicted for some time, central bankers are doubling down on the madness that has failed to achieve economic lift-off. It is no surprise to us that easy money has not stimulated growth.
Gold futures turn around late in Thursday’s session, settling higher as a drop in U.S. equities boosts the investment appeal of the precious metal.
Do you really want to retire? You may give up more than you realize. I was on the verge of tears when I called Amy 30 minutes before I was supposed to pick her up for our first date. My parents broke their promise and said I couldn't use the car; I had no wheels! Amy (fictitious name) was a…
That would simply accelerate a collapse of the purchasing power of external dollars, increase the attractions of the yuan & gold as settlement currencies, and create shortages of imported raw materials for the US economy.
How more and more people are making money without contributing anything of value
The government is totally incapable of even understanding how to deal with this crisis. We are looking at a major crisis in confidence.
A Double top in Banking? Watching the giant German banks, Deutsche Bank & Commerzbank, are like watching the "Bangers" in the Bob Hoskins film "The Long Good Friday."
With stunned investors reliving memories of the 2008 crisis as Deutsche Bank, a bank that is half the size of its host, Germany, seemingly on the precipice, and with Angela Merkel vowing as recently as this weekend not to bailout the bank
Discussing the current state of the markets with Joseph Tanious, Bessemer Trust; Keith Bliss, Cuttone & Co.; and CNBC's Rick Santelli.
On Wednesday, Federal Reserve Chairwoman Janet Yellen testified before the House Financial Services Committee on financial regulation. The Fed Chair took criticism from both sides, with Democrats and Republicans criticizing the regulatory body for doing too much and for doing too little. Among the topics was the over-reach of Dodd-Frank, breaking up "too big to fail" firms, and the recent Wells Fargo phony account scandal. However, one important topic side stepped was the impact of low interest rates on any of the problems brought up at the hearing.
Confidence Peak It was interesting to see the markets reaction to the Consumer Confidence report on Tuesday, along with some of the media headlines,
Unless the markets can take out its September highs, we could very well see a repeated of the 1987 Crash.
Whether you think there has been a housing “recovery” or not is a matter of perspective.