In October 2011, things were looking bleak at Goldman Sachs Group Inc.'s commodities business. Revenue was down, competition was up, employee attrition was at an all-time high and new regulations were on the horizon.
"We're Gonna Need A Bigger Balance Sheet" - All Major US Equity Indices Negative Post-QE3
Glencore is in total free-fall across all markets today. Most worrying for systemic risk concerns is the rush into credit protection that has occurred, as counterparties attempt to hedge their exposures
The Federal Reserve has kept everyone guessing when it will start raising interest rates. It wasn't September, as many expected? Maybe in October? Maybe in December?
Corporate America is stuffing a lot of cash under the mattress.
When is the price of some marketable good or service at or near zero? When either the supply of it is so plentiful that virtually any demand, no matter how great, can be satisfied. Or when no matter how large or small the supply of it may be, people
We have been robbed blind and we have scarcely noticed. Now, our very existence is being threatened and people laugh at you for talking about it as they call you a "conspiracy theorist", "fear-monger" and "the purveyor of doom and gloom".
A few days ago a young entrepreneur came to me with her big idea for a business.
Several members of the Federal Reserve's committee spoke publicly earlier this week to clarify why the central bank didn't raise its key interest rate last week. But their comments only confused investors more.
Did Janet Yellen make the right decision in delaying a Federal Reserve rate hike? Did the United States dodge a bullet? Of course not.
The central bank is facing a communications problem.
Australia's largest investment bank Macquarie, one which openly called for "helicopter money", by directly monetizing treasuries. Ironically, the bank made the call despite admitting that it would not work
Harvard University is concerned about "frothy" markets. So it's looking to hire short sellers -- investors who bet that a stock will fall.
Bill Gross said the Federal Reserve needs to raise interest rates as soon as possible, trading some near-term market losses for longer-term stability and a healthier financial system.
US stock futures got crushed overnight after some ugly economic data out of China. But they have since recovered those losses and then some.
The world is enslaved to an economic system designed to create tremendous power and wealth for those who own the system, while forcing the rest of us into mathematically insurmountable debt and the stagnation, austerity and poverty that comes with it
It seems like sentiment indicators used to be more straightforward. That is, when one group of traders or survey respondents were positioned to an extreme, either bullish or bearish, a reversion in prices seemed to be on tap.
It's hard to run for president when your name is synonymous with massive layoffs.
U.S. stock-index futures fell, with raw-material shares dragged lower as commodities retreated, a selloff in biotechnology shares deepened and Volkswagen AG's diesel-emissions cheating scandal continued to rattle global auto stocks.
Over the past few months (not to mention last 7 years), the topic of America's "missing inflation" has gained major prominence, because while supposedly every other aspect of the economy is humming along....
"Still Healthy and Trending Higher" Says Bloomberg - Let's Investigate
The world economy appears to be stalling…
..., even though I am fully convinced that the hardest times that any of us have ever experienced are ahead. I spend countless numbers of hours in front of my computer immersed in deeply disturbing information, and yet I sleep more soundly at night
Perhaps no economic pronouncement in history has been anticipated, discussed, predicted, dissected, and reported like the Federal Reserve's momentous decision today not to raise interest rates.
Despite months of expectations that it would finally raise rates for the first time since 2006, the Fed continued to sit on its hands
FOMC Stunner: One FOMC Member Forecasts Negative Interest Rates Are Coming To The US
Today the Fed wimped out, once again, after signally for the last year it is ready to hike. In a Déjà Vu Statement the Fed said virtually nothing.
To Wall Street's delight
Seven years ago on September 15, 2008, one of the oldest investment banks in America filed for bankruptcy.
The Fed might still raise hikes later this year. But some economists are saying there's no rush:..