Yesterday, when the Treasury released its TIC data early by mistake, the update that China's holdings rose to a record $1.317 trillion caused a stir.
While the "economy in general" and "jobs" remain a close second (with the latter rising rapidly despite a plunging - and entirely useless - unemployment rate), Americans polled by Gallup still see the number 1 problem facing the US is "dissatisfation
Charles Goyette (Author of The Dollar Meltdown and Red and Blue and Broke All Over and co-host of Ron Paul's America) comes on the show to provide an economic update and forecast.
Forget what you are hearing about stiffer mortgage lending requirements. It’s not true. Real estate expert Fabian Calvo says, “If you can fog up a mirror or you have a pulse, they will give you a home loan.
Bank of America just reported an earnings beat, but its mortgage business — a sector everyone's been watching — was a disappointment.
Americans have never had less economic freedom than they do right now. The 2014 Index of Economic Freedom has just been released, and it turns out that the level of economic freedom in the United States has now fallen for seven consecutive years.
Hyperinflation leads to the complete breakdown in the demand for a currency, which means simply that no one wishes to hold it.
After college, as my friends left Michigan for better opportunities, I was determined to help fix this broken, chaotic city by building my own home in the middle of it. I was 23 years old.
1 We like to think that we have a government “of the people, by the people, for the people”, but the truth is that an unelected, unaccountable group of central planners has far more power over our economy than anyone else in our society does. #
Regulation, taxes and debt knock the U.S. out of the world's top 10.
This morning the Bureau of Labor and Statistics issued their latest non-farms payroll report.
"Continuing large-scale asset purchases risks placing us in an untenable position, both from the standpoint of unreasonably inflating the stock, bond and other tradable asset markets and from the perspective of complicating the future conduct of mone
Presented with little comment aside to ask (rhetorically of course) how much longer the crushed consumer can subsist on a diet of increasingly saturated credit and dwindled-savings before retail sales revert to reality...
Hybrid Technology Holdings, which thought it had its bid for bankrupt Fisker Automotive all sewed up, isn't letting go easily.
Americans have never had less economic freedom than they do right now.
Why has Goldman Sachs chosen this moment to publicly declare that stocks are overpriced?
Calling for “all hands on deck” to assist the economy, President Barack Obama is urging his Cabinet to identify ways to keep his administration relevant to people struggling in the up-and-down recovery.
What a day for Tesla.
Retail sales climbed 0.2% in December, and core retail sales ex-autos were up 0.6% on the month beating expectations.
With today's biggest drop in stocks in over 4 months, we are reminded of three recent charts that raise considerable questions as to the path forward.
The anarcho-libertarian economist Hans-Hermann Hoppe argues for a state-free society. Where government has, for example, no right to compel the citizens to pay taxes to finance armed forces.
Business International trade China surpasses US as world's largest trading nation Beijing describes 2013 figures as 'a landmark milestone' as annual trade in goods passes the $4tn mark for the first time Share 2156 7
In 33 years of forecasting trends, the Trends Research Institute has never seen a new year that will witness severe economic hardship and social unrest on one hand, and deep philosophic enlightenment and personal enrichment on the other. A series of
Let 2014 be the year that you dedicate yourself like never before to your transformative journey and your practice of living in a new consciousness. No matter what goals you set for yourself in the new year, one of the most important actions you can
'The Trans-Pacific Partnership would be an unmitigated disaster for everything from the environment to internet freedom and working families'
Another month, another disappointment for all those who hope the consumer will finally "charge it."
Just out from Macy's, which first said the following: "The 2013 holiday season was successful for Macy’s and Bloomingdale’s as we offered fresh and distinctive merchandise, delivered great value to the customer and provided a robust omnichannel shopp
With December's "fat finger" in US Treasury Futures proved as nothing but an HFT algo gone wild, Nanex has turned its deep-thought to the recent halt in gold futures markets.
It seems almost impossible to believe that the exact strategy being employed by the US Federal Reserve to ostensibly help the economy was also employed by Nazi Germany to dismantle the British economy. But it is absolutely true.
It’s been well covered, but in this first article of the year, let’s take a look at the collapse of this most important segment of society.