Jun 21, 2017 - 05:11:14 PDT

U.S. Anxiety Levels Climb Faster Than Rest of the World

“It’s an understatement to say that anxiety level is high, and we live in very uncertain times,”

Jun 21, 2017 - 05:06:11 PDT

Russian Gold Reserves up at 54.9 Million Ounces as of June 1

The central bank, one of the world's largest holders of bullion, has been regularly buying gold. The value of its holdings rose to $69.30 billion from $68.65billion as of May 1.

Jun 21, 2017 - 05:04:37 PDT

US and Russia May Be Getting Closer to a Military Confrontation

Based on the events of the past few days, the two nations seem further apart than ever — and potentially at real risk of coming to blows.

Jun 21, 2017 - 04:59:14 PDT

Ford Bypasses NAFTA Dispute By Moving Focus Production to China

Trump has it out for Mexico, and Germany, and China. So what’s a company to do? Ford provides the answer.

Jun 21, 2017 - 04:58:16 PDT

Illinois Careens into Financial Meltdown

Illinois is grappling with a full-fledged financial crisis and not even the lottery is safe – with Republican Gov. Bruce Rauner warning the state is entering banana republic territory.

Jun 21, 2017 - 04:55:42 PDT

Hong Kong Warns: Its Housing Bubble Is A "Dangerous Situation"

The HK dollar is pegged to the US dollar. HK monetary policy follows the Fed. And the Fed is raising rates.

Jun 20, 2017 - 05:47:24 PDT

Is Silver Being Manipulated?

Mike examines evidence of manipulation in the silver market and the potential for silver to break out. Including a look at the Commitments of Traders Report and the activity of biggest metal ETFs and their impact on supply and price.

Jun 20, 2017 - 07:05:25 PDT

DEFLATION: All Indications Are That the Oil Price Is Not Transitory

We should start looking at the decline in oil prices as a proxy for the Fed’s inability to continue its rate hike train.

Jun 20, 2017 - 08:52:07 PDT

US Treasury yield curves have flattened lowest level since 2007

It looks like The Fed’s massive stimulus has finally worn off for the Treasury curve.

Jun 20, 2017 - 16:14:27 PDT

Citi: "Expect Markets to Flounder as Central Banks Try to Exit"

King's parting warning: "Today’s credit impulse leads to tomorrow’s buyers’ remorse."

Jun 20, 2017 - 14:11:38 PDT

Trader ‘50 Cent’ Just Reloaded With a Big Hedge Against a Stock Selloff

Not the rapper -- the mysterious volatility buyer or buyers who earned the moniker due to their penchant for buying huge lots of VIX call options priced at roughly a half-dollar apiece.

Jun 20, 2017 - 14:07:19 PDT

GE's Pension Time Bomb: Shortfall $31 Billion and Rising

At $31 billion, GE’s pension shortfall is the biggest among S&P 500 companies and 50 percent greater than any other corporation in the U.S.

Jun 20, 2017 - 13:27:38 PDT

Treasury Sec. Mnuchin Still Interested in Ultralong Sovereign Debt

US Treasury Secretary Steve "The Munchkin" Mnuchin said on Bloomberg News today that Treasury is still considering issuing ultra-long sovereign debt. This comes on the news that Argentina is issuing a 100 year sovereign bond that is in hot demand. Reuters -- Argentina sold $2.75 billion of a hotly demanded 100-year bond in U.S. dollars…

Jun 20, 2017 - 13:23:04 PDT

US Q2 GDP Forecasts Fall to 1.86% (NY Fed Nowcast)

and 2.9% (Atlanta Fed GDPNow). Today is a day of little economic news (other than serial bond defaulter Argentina seeing strong demand for its new 100 year sovereign bond issue).

Jun 20, 2017 - 13:08:41 PDT

TIC Consistency in April

I have to believe all three of these factors are related: China hiding “outflows”, Japan reversing redistributions, and banks caught between renewed “dollar” devastation

Jun 20, 2017 - 12:50:09 PDT

Get Ready for Brexit II

Don’t think that the economic & financial effects will be limited to the UK. The U.S. markets will also be heavily impacted by the ongoing drama.

Jun 20, 2017 - 12:35:17 PDT

Amazon Has at Least One Fed Official Rethinking Inflation

Deflationary competitive pressures could have become more important for the overall trend in prices than the so-called Phillips Curve relationship, which links inflation to the state of the labor market.

Jun 20, 2017 - 10:35:22 PDT

China Yield Curve Falls to Record Inversion Despite Massive Injections

as yields have fallen, the curve has collapsed to its most inverted ever... flashing warning signals for growth as loud as they have ever been.

Jun 20, 2017 - 10:27:55 PDT

What Has Changed, Making It All Different This Time

Since central banks can create infinite amounts of fiat money out of thin air, their new path of buying stocks directly in order to shore up entire markets means they can pretty much prop the market up until economic wreckage in the general economy is so bad

Jun 20, 2017 - 10:06:22 PDT

Treasury Yields Slip as Traders Bet on Slower Rate-Hike Cycle

U.S. Treasury yields trade lower on Tuesday as a pair of Federal Reserve officials emphasize the central bank’s gradual approach to lifting interest rates, while acknowledging concerns about sluggish inflation, if not a lackluster economy.