That’s why, tomorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savings: MyRA... MyRA guarantees a decent return with no risk of losing what you put in . President Obama - State of the Union Ad
Retiring Federal Reserve Chairman Ben Bernanke, who was replaced by Janet Yellen as of today, is leaving the Federal Reserve with an unprecedented $4,102,138,000,000 in total assets on its balance sheet, up 391 percent from the $834,663,000,000 in to
This morning's utter collapse in pending home sales - a 6-sigma miss by 'economists' unaware that it was cold in December - has been ushered away on the back of "weather" reasoning.
You didn't think the US could at first slowly, and then all of a sudden, expropriate retirement accounts and invest them in the "no risk, guaranteed return" MyRA Ponzi scheme introduced by Obama during the State of the Union address without lots of b
In the NYDFS hearing, Superintendent Lawsky said “It’s not worth it to society to allow money laundering and all of the things it facilitates to persist in order to permit 1000 flowers to bloom on the innovation side.”
I don’t know how much more clear I can be: this is happening. This is exactly what bankrupt governments do. And it’s time to give serious, serious consideration to shipping your retirement funds overseas before they take yours.
Beginning by disavowing Mario Gabelli of any belief that rising stock prices help 'most' people ("Fed data suggests half the US population has seen a 40% drop in wealth since 2007"), Marc Faber discusses his increasingly imminent fears of the markets
Most Americans would be stunned to learn that companies based in China, a country associated with accounting secrecy, have gained a foothold to the tune of over a trillion dollars on U.S. stock exchanges.
Peter Schiff (CEO and chief global strategist of Euro Pacific Capital Inc) on economic issues - Jim Bruce (Producer/Director/Writer Money for Nothing: Inside the Federal Reserve) examines America's Central Bank - Professor Francis Boyle DRONES
When people ask me to describe the state of the U.S. economy, what I always say is that it can best characterized as an ongoing state-sanctioned theft. This theft consists of the 0.01% oligarch class intentionally leveraging a corrupt monetary and po
FX markets featured significant volatility in the past week, though the driver of that volatility was a combination of several idiosyncratic factors, rather than a core underlying narrative.
Ernest Hancock and Keith Cyrnek travel from Phoenix to attend the Passport to Freedom 2014 event in Las Vegas put on by Andrew Henderson (Nomad Capitalist) this past weekend where Ernest was a speaker. Click thru for pictures...
As selling intensifies at market close, Art Cashin, UBS Financial Services director of floor operations, explains why Friday is the best day of the week to sell.
Well, they did predict this would happen, even if it was in direct contradiction with the numerator part of Goldman's top trade of 2014 which is being long the S&P500.
While the world's talking heads are desperately opening their global financial crisis fire-extinguishing mouths that this time is different, Rick Santelli takes 4 minutes to highlight the problems associated with liquidity that is always leveraged to
While the world of speculative capital is focused intently on the Twitter and Facebook #Ref/0 fundamental valuations in the publicly-traded equity markets, as the WSJ illustrates, the real dot-com 2.0 bubble is occurring in the private markets.
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