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From Asia to Europe to America, equity markets around the world on Monday swayed in anticipation of who would win The Presidential Reality Show® "debate" between Hillary Clinton and Donald Trump.
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Private spending on capital goods is a measure of business confidence in the economy.
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Contagion?
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There's an interesting correlation between heavy truck sales, GDP, and the S&P 500.
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Discussing the present and future of the embattled hedge fund industry, Tiger Management's Julian Robertson - one of the most prominent names in the field - said that hedge funds are facing "the most difficult time I've ever seen in the business" his
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Jesse Felder published an incisive bubble finance chart over the weekend.
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(NaturalNews) Author Charles Dickens' classic, A Tale of Two Cities, begins this way: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ... ."
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New home sales fell 7.6% in August to a seasonally adjusted annualized rate (SAAR) of 609,000 units.
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Chart Of The Day: Household Financial Assets To Disposable Personal Income Now Exceeds Dotcom/Housing Bubble Peaks
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Sometimes I wonder if I'm ever going to run out of new things to say about the economy. Nothing interesting has happened in a long time.
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U.S. home prices appear to be getting out of hand again as the gap between home price growth and household real income growth is close to where it was just before the housing collapse.
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OUZILLY, France – First, some travel advice…
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Last Friday the FRBNY Nowcast was in a blackout period because of the FOMC meeting on Wednesday.
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Without the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption.
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Monetarists Are Out of Ideas … Steve Williamson of the Federal Reserve Bank of St. Louis for the past three years or so has been trying to convince the macroeconomics world to consider a bold new theory -- that central bank policy works in reverse
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A heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank'
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Yesterday I told you how the US federal debt level is expanding at its fastest rate since the financial crisis.
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Several years ago Aurora DeMarco, 53, was having health problems. The divorced masseuse and hospice care provider was stressed, depressed, and overwhelmed by all the upkeep of her three-bedroom condo in the tony Brooklyn neighborhood of Park Slope, k
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The number of New Yorkers applying for emergency grants to stay in their homes is skyrocketing -- as the number of people staying in homeless shelters reached an all-time high last weekend, records show.
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We find it surprising how, having covered the unprecedented growth in US corporate debt over the past few years, which has more than doubled from $2 trillion at around the time of the financial crisis to approximately $6 trillion currently...
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I really hate using Hitler quotes these days; people take them as ultimate slams, rather than illuminating thoughts from a bad guy. But that said, Adolph did make a very clear and useful statement when he said this: I have not come into this world to
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Slate is ecstatic over the latest economic news, believing that the US is on the road to recovery. This is incorrect, though. The US and the world are on the way to the largest economic disaster ever faced.
