I imagine that Bernanke, Draghi & Kuroda all stay awake at night imagining ways to force negative rates on savers. But the larger question, beyond a sociopathic desire to control others in service of one’s own intellectual dogma, is why anyone would advocate such policies.
Dollar note premiums drop to pre-global financial crisis level
signaling that the goal of escaping deflation remains distant six months after the Bank of Japan introduced negative interest rates.
The Volatility Index is dubbed the "fear index" for a reason. The index measures investors' expectations of volatility in the market based on the prices of options. In other words...
The House of Representatives is pushing to enact a bankruptcy act for banks. It has passed a bankruptcy-for-banks bill, sent it to the Senate, & now embedded it in its appropriations bill...
The initiative also comes at a time when banks are struggling to redesign many of their internal business models
Or we can wait until a "surprising and unexpected shortage" of food hits the human populace with full force.
Hedge fund billionaire and activist investor Bill Ackman believes student loans are the biggest risk in the credit market. He said, “If you think about the trillion dollars of student loans we have outstanding, there’s no way students are going to pay it back.”
Weekly applications for U.S. mortgages to buy homes slipped to a six-month low even as interest rates on fixed-rate home loans fell, according to data from an industry group released on Wednesday.
GERMANY'S biggest bank is in more trouble than people even think and could drag down some of Europe's biggest lenders to trigger a market meltdown, according to a hedge fund manager who is betting against the firm.
GERMANY'S largest bank has ADMITTED it is in "financial repression mode" as it desperately scrambles to implement financial buffers to prevent collapse.
More bad news about the health of the U.S. consumer. Retail giant Target reported sales for the second quarter that fell more than 7% from a year ago -- and warned that another key measure of sales may drop in the third quarter and fourth quarter.
The...
Golds’ importance, even in today’s environment, was clearly visible during the massive rally at the start of the year, when all other asset classes were tanking. Investors piled into gold […]
Cisco is among the clearest global economic recession indicators (combining the real economy & imaginary-tech economy) there is... &this is the biggest collapse in Cisco's headcount... ever.
Wall Street set for choppy trade on Wednesday as investors opt for caution ahead of Federal Reserve minutes that could reveal if a rate increase in 2016 is in the cards.
Economists & market strategists have pinned the dollar’s recent weakness on diminishing expectations for a Federal Reserve interest-rate hike by the end of 2016. But some say there might be a more plausible explanation.
Why should you bother owning gold or precious metals? Wealth insurance, plain and simple. And with central banks clueless, you can't afford not to have it.
45 years ago, on August 15, 1971, President Richard Nixon officially closed the gold window.
Gold futures get a boost from a much weaker U.S. dollar as well as from declines in the U.S. stock market.