With central bankers losing credibility left and right, and failing outright to boost the "wealth effect" no matter what they throw at it, the next big question is when will central planners around the world unveil the cashless society which is a
Jim Grant appeared on CNBC's Closing Bell and unhesitatingly said he thinks the US economy has already gone into recession: I think we are in one…I think there's a defensible case to be made that a recession began late last year."
(Reuters) - U.S. stock indexes plummeted on Thursday morning as investors spooked by the health of the global economy jettisoned stocks and fled to safe-haven assets.
Republicans have spent the entire Obama presidency engaging in acts of disrespect against this president, and the office that he has been twice elected to by a majority of the voters.
The Federal Reserve will slash interest rates and the United States economy is on the cusp of a recession, says Peter Schiff, president and CEO of Euro Pacific Capital, in a new YouTube video.
and Eliminating Cash. More than one-fifth of the world's total GDP is in countries which have imposed negative interest rates, including Japan, the EU, Denmark, Switzerland and Sweden. Negative interest rates are spreading worldwide.
One would imagine that in a market as skittish for risk as this one, that selling $24 billion in 3 Year paper would be if not as easy as pie, then as simple as last month's issuance, when not a cloud was visible when the Treasury sold 3 Year paper.
Paul Krishnamurty (professional gambler, freelance journalist, and political analyst) on predicting races - Charles Goyette (Author; Former talk show host) gives an economic/political update
The International Energy Agency (IEA) February oil market report will put more downward pressure on crude prices just as the price of gasoline in some parts of the United States dips to above $1.10 a gallon. Prices are moving swiftly to below $1, a p
Back in the 1970's as recession gripped the world for a decade, stocks stagnated and commodities crashed, investor Jim Rogers made a fortune. His understanding of markets, capital flows and timing is legendary.
Mention "free-market economics" to a member of the lay public and chances are that if he has heard the term at all, he identifies it completely with the name Milton Friedman.
Yesterday, on the way to documenting the malaise China's hard landing has inflicted on Minnesota's mining country, we discussed the dramatic impact falling crude prices have had on the American and Canadian oil patches.
With the BLS's release of Q4 productivity figures, we get to check the BLS's estimates just in time for today's increasingly irrelevant payroll report.