Since 2008, total public & private debt in major economies has increased by over $60tn to more than $200tn, about 300 per cent of global GDP, an increase of more than 20 percentage points
Even seven years after the recession ended, the current stretch of economic gains has yielded less growth than much shorter business cycles.
Trouble brewing with the Japanese yen spells trouble for U.S. stocks, according to Todd Gordon of TradingAnalysis.com.
Time For Resignations At The IMF, The ECB & The Commission
Italian bank stocks have been among hardest hit equities in recent months, as their EUR360 billion of bad loans were seen as threatening the stability
This means other countries will have to inject funds into the regions which are in financial trouble, & weaken their position at the same time
Is the lead up to World War 2 which saw Europe move the vast majority of its gold reserves to the US for safekeeping playing out again?
Morgan Stanley says worst is yet to come for U.S. currency
warned that it was becoming increasingly clear that some post-crisis "headwinds" were likely to be permanent
several other countries - including China & Canada - face a recession in the near future, because the way they avoided the GFC was by continuing to borrow their way to prosperity.
Let’s put the situation in the gold futures market into perspective, as there is a HUGE stand-off between speculators and the “Commercials” (mainly banks)...
For the August gold contract month, we had a gigantic 5028 notices served upon for 502,800 ounces on first day notices!
In this environment Gundlach reiterated that Gold is the best alternative to Treasuries
Regardless of which party wins the U.S. election in November, the U.S. is set for a round of helicopter money
Bull market corrections end quickly...another 5-10% downside & next, the market has left lower prices in the dust.
The bottom line? They're giving up the only security they have left.
the underlying fundamentals are getting weaker by the day & the financial system is destined to crash
Yellen noted that negative rates elsewhere seemed to be having an effect. She stated that the Fed does have legal authority to use negative rates
The nation's homeownership rate fell to match its all-time low & could drop even further in the months to come
This would set off a chain of corporate defaults & bankruptcies that would cause central banks to start to lose control of the economy, as they did in 2008 forward