Nov 15, 2017 - 15:47:07 PST

US Dollar Will Lose Its 'Kingpin' Status – Economist Jim O'Neill

Former chairman of Goldman Sachs Asset Management Jim O'Neill, pointing to China’s intention to challenge the greenback's dominance.

Nov 15, 2017 - 15:34:16 PST

What Central Banks Have Done Is What They’re Actually Good At

Central banks are the epitome of PR & media manipulation. They’ve done such a masterful job of it that even today no matter how much market data disagrees, people just refuse to believe it.

Nov 15, 2017 - 15:10:57 PST

Gary Cohn Realized His Entire Economic Policy Is a Disaster

Responding to this "unexpected" lack of enthusiasm to invest in growth, Cohn had one question: "Why aren't the other hands up?"

Nov 15, 2017 - 15:03:12 PST

S&P Breaks Longest Period of Calm in 52 Years

As Yield Curve Carnage Continues. The S&P 500 fell 0.55% today - that is the first drop of more than 0.5% since September 5th - 50 days ago - breaking a streak of un-losing days that stretches back to 1965

Nov 15, 2017 - 14:58:31 PST

The Yellenburg Omen! Are Fed Rate Hikes Nailing The Stock Market?

Recently, the Hindenburg Omen has been flashing red, signifying a coming stock market correction. But the Omen has flashed several times since 2008 and nothing has happened. A closer look at the McClellan Oscillator. The VIX stock market volatility index is on the rise. But will another rate hike in December by Yellen and crew…

Nov 15, 2017 - 14:53:18 PST

UST 10Y-2Y Curve Flattens To 65 BPS

As Real Weekly Wage Growth Declines To 0.4% Growth YoY.  At least the US Treasury curve continues to flatten and real weekly earnings growth YoY continues to decline....

Nov 15, 2017 - 14:40:57 PST

If Corporate Tax Reform Fails, US Companies Will Bolt From U.S.

"We don't get this done, those companies sitting back and waiting for us to fix this tax code are going to leave,"

Nov 15, 2017 - 14:34:36 PST

Senate Bill Boosts Taxes on Stock Sales

it will leave investors with fewer choices when they sell stock, and they'll pay more in taxes

Nov 15, 2017 - 11:11:19 PST

Puerto Rico Hit by New Blackout Just as Governor Touts Recovery

A new power outage hit Puerto Rico on Wednesday, immobilizing parts of the San Juan area just hours after the governor heralded a major accomplishment on the path to recovery.

Nov 15, 2017 - 09:17:43 PST

P2P Loans are “Predatory,”

Have Delinquency Characteristics of pre-2007 Subprime Mortgages, ​Debt slaves get deeper into high-cost debts they can’t handle.

Nov 15, 2017 - 09:16:57 PST

Auto-Loan Subprime Blows Up Lehman-Moment-Like

But there is no Financial Crisis. These are the boom times.

Nov 15, 2017 - 09:13:10 PST

Debt Deflation: Credit Card Defaults & Subprime Auto Delinquencies Rise

Serious mortgage delinquencies are leveling off and remain one recession away from a serious upswing. Credit card and auto loan delinquencies are already on the rise.

Nov 15, 2017 - 09:10:51 PST

Buy the Recession, Millennials Will Keep the Bull Market Alive

Millennials who don't have any money, but do have tons of student debt, will be investing in stocks, even if they lose their job in a recession ​because they are worried about their retirement.

Nov 15, 2017 - 09:03:18 PST

The Bitcoin Exchange That CME Plans to Use for Futures Is Down

This is exactly what the bitcoin futures naysayers have been warning about: One of the exchanges which CME Group Inc. would use to price the contracts is having serious issues.

Nov 15, 2017 - 08:42:26 PST

The Housing Crisis What It Really Is: The Largest Transfer of Wealth

One of the basic claims of capitalism is that people are rewarded in line with their effort and productivity. Another is that the economy is not a zero sum game. The beauty of a capitalist economy, we are told, is that people who work hard can get rich without making others poorer. But how does

Nov 15, 2017 - 08:37:55 PST

Russia, Venezuela Sign Deal on $3.15 Billion Restructuring

Russia signed an agreement to restructure $3.15 billion of debt owed by Venezuela, throwing a lifeline to a crisis-wracked ally that’s struggling to repay creditors.

Nov 15, 2017 - 08:35:42 PST

China Will Send a Special Envoy to North Korea on Friday

China will send a special envoy to North Korea on Friday, just days after President Trump’s visit to Asia, Chinese and North Korean state media announced Wednesday.

Nov 15, 2017 - 08:33:15 PST

North Korea on Trump's Asia visit: He deserves death

North Korea slammed Trump for insulting leader Kim Jong Un and said the U.S. president deserves the death penalty.

Nov 15, 2017 - 08:31:15 PST

China Throws Lifeline to Builders Facing Record Wall of Debt

That won’t solve all their problems.

Nov 15, 2017 - 08:30:10 PST

China's Supercomputers Race Past US to World Dominance

China doesn't just have the single fastest supercomputer. It now dominates the list of the 500 fastest.