State pension funds are looking at a $1 trillion shortfall in what they owe workers in benefits, according to new data from The Pew Charitable Trusts.
"Monetary policy is thwarting goals to strengthen the economy and to make banks safer by now," John Cryan says.
Janet Yellen, Mark Carney, Mario Draghi and others will debate how to piece the monetary system back together
the battle lines between sovereignty and global centralization have never been more defined than they are in 2016
Risk assets are now supported by the new ”Keynesian Put”, the expectation that fiscal measures will be deployed to combat any renewed weakness in the economy/markets
“The second quarter marks the first time the index has recorded five consecutive quarters of year-over-year declines in earnings since Q3 2008 through Q3 2009.”
Gold futures saw a massive $1.5 billion liquidation in one minute yesterday which had all the hallmarks of a “non profit” liquidation – a large seller trying to manipulate gold […]
This will likely present the last solid opportunity for those seeking to buy Gold, Silver & related instruments at a discounted price.
as the dollar and precious metals are inversely related in modern trading, the more damage the dollar undergoes, the brighter metals shine
The conduct of monetary policy in recent years has been deeply flawed. U.S. economic growth lags prior recoveries, falling short of forecasts and deteriorating in the most recent quarters. This week in Jackson Hole, Wyo.,
Why the Federal Reserve wants to get back on the crusade to hike rates is beyond me. The world is in easing mode
Young people often prioritize leisure and entertainment, but many are going into debt to fund them
For hedge funds, the news is getting worse.
durable goods orders fell 6.4% year-over-year - the second big annual drop in a row
Behind Fischer's statement lies a troubling feature of the recovery - business investment has fallen below levels in prior years
"There is basically just a bit of risk aversion ahead of Jackson Hole, I don't think Yellen sets as much importance on Jackson Hole as Ben Bernanke did."
The global banking system is tightly intertwined, the collapse of any major bank would affect banks all over the world. One enormous risk for Deutsche Bank is its estimated $70 trillion derivatives book.
“fatal consequences" for savers and pension plans while “companies refrain from investments due to ongoing uncertainty and demand less loans.”
Fed stimulation provided by too-low interest rates does NOT stimulate industry only finance and speculation
“The Fed has lost credibility, because it’s trying to talk the markets into the traditional stance that you need to not be so complacent,”