someone is going to pay. And it’s not going to be the politicians.
the scary thing about multiple expansions is that they are reliably mean-reverting—if they run too far, the market always takes it back, sometimes with a vengeance
Germany’s biggest bank says it won't pay a $14 billion US Department of Justice (DoJ) fine for selling mortgage-backed securities that contributed to the 2008 financial crisis.
There's a $400 billion bond bomb waiting for a light... and market volatility could be what sets it off.
Here's what to watch for - and how to protect your money... Read on →
Moving to digital currencies will mean that governments and banks will be interlinked. They will have more control over the economy and people. Privacy will be non-existent.
Central banks are running nothing short of a "Ponzi scheme" by printing infinite amounts of cash and cutting interest rates to record lows, an analyst told CNBC.
The Bank of England voted to leave interest rates unchanged but signaled a rate cut could be on the way. This comes as speculation mounts over whether the Federal Reserve will raise interest rates at its September meeting. Grant's Interest Rate Observer’s Jim Grant weighed in on the BOE decision and the outlook for Federal Reserve policy.
Switzerland's central bank shrugged off criticism of its negative interest rates, sticking to its recipe of ultra-loose monetary policy and currency intervention on Thursday amid "considerable" economic uncertainty in Europe.
The Federal Reserve may have violated the law in adopting key parts of the bank stress tests, according to a study released on Thursday from a group whose members include large Wall Street banks.
Sixty percent of the EuropeanCentral Bank's 1.2 trillion euros bond purchases were settled inGermany, the ECB's chief economist said on Thursday,exacerbating an influx of money into the euro zone's strongesteconomy from the rest of the bloc.
The Fed raising rates could be good for precious metals as investors may finally rotate out of overvalued stocks in search for equities backed by precious metals.
It’s so bad that the FDIC’s Vice Chairman stated last month that the system “too easily allows banks to conceal risk,”
is the all-too-consistent result of top-down monetary policy; central bankers have a unique ability to consistently make a bad situation worse. They really don’t know what they are doing.
The U.S. is sitting on top of a massive amount of aging infrastructure that continues to disintegrate at an alarming rate. According to the American Society of Civil Engineers
If the Fed raises rates the market will sense a weakness in the bear case for gold and gold won’t go down at all
Then again, how low can Deutsche Bank go? They have declined precipitously since the financial crisis (and The Great Recession) and all the ECB’s negative deposit rates and all the ECB’s asset purchases can’t putt Deutsche Bank together again.
The EU is in a "critical situation", the German chancellor says, as leaders meet to discuss ways to regain trust after the UK's vote to leave the bloc.
The central bank should lower rates, markets appear to be losing confidence that the Fed will ever reach its target
Does this look like the right time to raise rates?
In the old days the term “bank robbery” meant a man with a gun would come in and steal the currency from the bank. Now, in the 21st century, the term […]