Moments ago the BLS reported Janet Yellen's favorite labor market indicator, the JOLTS survey [4], which as expected (since it tracked the far stronger than expected July payrolls) showed that in July the number of job opening rebounded from the June drop to 5.643 million,
Against gold, gold stocks have been in a bear cycle since 1996. That cycle appears to be ending now, and its end will be confirmed by an upturn in bank […]
So buckle up. The whole house of cards is starting to come down. Hello – Phase Transition! Confidence is always the key.
Various consumer and business surveys are likely to show deterioration in expectations regarding future economic conditions. Careful analysis however, surveys.
Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: I will also look at this debate from another angle and it is a play on the stock vs flow thesis that the Fed came up with years ago in analyzing their influence on interest rates
Central banks are adopting increasingly complex interventions, to which the world economy remains stubbornly immune, writes John Coumarianos.
Richmond Fed President Jeffrey Lacker said he will tell Congress Wednesday he doesn’t want to see the U.S. central bank’s structure altered in any major way.
Two Federal Reserve policymakers plan to warn U.S. lawmakers against changing the Fed's structure to reduce the role of private bankers at the U.S. central bank, according to statements seen by Reuters.
Investors are becoming increasingly convinced the European Central Bank will extend its quantitative easing program, but the big question plaguing them this week is if it’ll happen as soon as Thursday.
The auto loan bubble is set for a crisis that will absolutely dwarf 2008. And our national debt has nearly doubled since the beginning of the last crisis...
We know that Bank of Japan and other Central Banks, as well as sovereign yield in a number of countries, have gone to negative yields. Now two German non-financial private firms are thinking about selling bonds with negative yields. (Bloomberg) -- Henkel AG and Sanofi are poised to became the first non-financial private companies to sell…
In other words, at best factories remain at a standstill since orders advanced 1.89% month-over-month in July after falling 1.80% in June.
Now that the G-20 has emerged as a global economic and political gathering it has evolved into a “committee to run the world.” It is also significantly worth paying attention to.
Martenson says the Fed may be on the brink of losing control. Martenson contends, “The Fed is afraid of these markets because the Fed has created Franken markets. These markets are deeply in nose blead territory right now.
Japan’s central bank in coming weeks will probably modify its stimulus program to alleviate risks from ultra-low long-term yields, according to Evercore ISI.
On the Santelli Exchange, Rick & I discussed the very weak ISM non-manufacturing & its impact on the FOMC. The surprise weakness sent PRECIOUS METALS soaring, the DOLLAR lower, BONDS AND EUROPEAN SOVEREIGNS HIGHER and EQUITY MARKETS moderately higher. The FED is under the microscope from so many analysts but the surprise of the day…
the number of Vancouver home sales fell 26% from a year earlier, and tumbled by 23% comparted to July, to
2,489 transactions. Detached properties were hit hardest as
So the prospect that there will soon be no eligible bunds for the ECB to purchase means that the entirety of Germany’s public debt will be buried in the sub-zero freezer.
China continues to emerge on the global stage. Where do are its ambitions focused? Nomi Prins reports beyond the G-20 summits and IMF SDRs...
While a fall in the first half is not unusual, the 25,000-job decline is the biggest since at least 2010 and analysts at firms including BOC International Holdings Ltd. and DBS Vickers Hong Kong Ltd. say changes to how banking is done will limit prospects for increases.