The European Central Bank and Bank of Japan hoped that negative interest rates would encourage consumers and businesses to spend more, but many are saving more, confounding economists.
While US lawmakers are applying pressure on the Pentagon to be more transparent about how it spends money, a new report shows that the Defense Department’s substandard bookkeeping practices make that virtually impossible.
Faber foresees a tumble that, in his words, "can easily" take the S&P 500 down to 1,100.
Ben Bernanke discusses the Fed’s shifting views of the economy, & how that shift is influencing Fed policy & communication.
just like the European Central Bank’s Corporate Sector Purchase Programme, the BoE’s, Corporate Bond Purchase Scheme will benefit companies both inside and outside the UK.
The world now has 2,473 dollar billionaires who have accumulated $7.7 trillion, according to the Wealth-X billionaire census. The 2015 figures show the number of ultra-rich up 6.4 percent and a 5.4 percent growth in their overall wealth compared to 2014.
Nearly half of registered U.S. voters think American infrastructure has deteriorated in the last five years, a national poll released on Tuesday found, with Republicans taking the dimmer view.
Are global markets headed for a fresh period of turbulence, as growing financial cracks expose the underlying fragility of China's growth?
I see that Ben Bernanke talks about how the Fed’s views of the economy are changing, in particular that the Fed funds rate at the Natural level of production (Terminal as Bernanke puts it) is being revised downward in the past year.
This three quarter plunge is the biggest drop in productivity since 1993, & this is the first YoY drop (-0.4%) since Q2 2013. All in all...a disaster!
We should not be surprised if the financial problems that the world is now encountering will eventually resolve badly
Fannie & Freddie would need as much as $126 billion in taxpayer funds to come through a serious downturn, according to a 'stress test' from the Federal Housing Finance Agency.
The real incomes of about two-thirds of households in 25 advanced economies were flat or fell between 2005 and 2014. Without action, this phenomenon could have corrosive economic and social consequences.
Every move you make. Every click you take. Every game you play. Every place you stay. They’ll be watching you.
Gold prices have rallied more than 30 per cent since the lift-off in US interest rates in December. A sharp reversal in pricing, sentiment and positioning driven by a myriad macro and micro factors has left the gold bears and bulls as polarised as
The FED annulment was reflected in a manner that lead the way to the dollar tanking and precious metals rising. Silver has industrial uses as well...
The ongoing acquisition of physical gold and silver remains as a priority. For sure, there are no cogent reasons for selling anything previously acquired. Buy and hold is the anthem for PM stackers, and that will not change likely for the next several years.
There has never been a more dangerous time financially than today in all of history. This, at the same time gold has never been cheaper in relation to the amount of dollars outstanding.
Banks are insolvent monsters and destroyers of wealth and capital. They are massive criminal enterprises. Events prove the case well.
What important lessons for business and investing can we take home from the cyclical nature of empires?