A few months ago, as I was having a conversation with another crypto advocate, these words escaped my lips: "I hate to say it, but maybe we need a price crash." As I said them, I had a slightly sick feeling of "Be careful what you wish for."
Yesterday afternoon brought three salient statements from Washington financial authorities that boil down to a simple admonition. To wit, if you are still in the Wall Street casino, run don't walk toward the nearest emergency exit.
The US economy is threatened by two giant problems which cause all others to pale into insignificance.
Apple announced a new set of investments to support the American economy and its workforce, concentrated in three areas where Apple has had the greatest impact on job creation: direct employment by Apple, spending and investment with Apple's domest
While the US Treasury had previously warned it would gradually increase TSY auction sizes, bond traders were looking to today's Refunding statement for details on when and how much this increase would be.
Following the plunge in New- and Existing-Home Sales, expectations for a 0.5% acceleration in Pending Home Sales in December were met.
The personal savings rate fell to 2.6% in the 4th quarter. The all-time low rate 2.2% in 2005. What's going on?
- A Decade Of Grocery Prices For 30 Common Items
A Record 32% Of Used Car Trade-Ins Are Underwater
The most recent consensus estimates for global Gross Domestic Product growth show a healthy "synchronised" development in most economies.
The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause the whole system to crash. – Peter Schiff
You could say thank heavens they have finally stopped buying the "dip". Then again, there apparently aren't any left! That's the case, anyway, even if your notion of a "dip" is any day the market doesn't go up. So far there has been ex
Peter Schiff isn't known for mincing words or sugarcoating the evidence. The financial broker and economist said in an interview "the economy is going to blow up like a bomb," and when that happens, Donald Trump will take all of the blame.
The world financial system is as dangerously stretched today as it was at the peak of the last bubble but this time the authorities are caught in a 'policy trap' with few defences left, a veteran central banker has warned.
This week on Erik Townsend's MacroVoices podcast, Bloomberg macro strategist Mark Cudmore (a frequent contributor to ZeroHedge) and Townsend discussed last week's "lower low" in the US dollar index and what this means for the near-term future of the
But this time, there's no Financial Crisis, and no QE in sight...
Specifically, Buffett offered to bet that over a ten-year period from January 1, 2008, to December 31, 2017, the S&P 500 index would outperform a portfolio of hedge funds when performance is measured on a basis net of fees, costs, and all expenses. H
Goldman Sachs used to seem invincible. In the fourth quarter, it lost money. The Wall Street firm on Wednesday reported its first quarterly loss since 2011. It was the result of a one-time $4.4 billion charge stemming from the new tax law. But even
Why the 99% of us are falling farther behind...
The latest trade figures on Chinese/Russian trade should be further warning to the U.S. that economic sanctions do not work. In May 2017 Russian and China agreed to increase bilateral trade to $80 billion by the end of 2018.
Welcome to 2018 – a year that will be the culmination of at least 105 years of mismanagement of the Western financial system by governments, central bankers and the elite.
After taking six months medical leave to deal his lymphoma, Inigo Fraser-Jenkins, the head of global quantitative strategy and European equity strategy at Bernstein Research in London, returned to work this week with a new perspective on life.
Do Yourself A Big Favor!
Many people do not realize that America is not only entering a new year, but within the next month we will also be entering a new economic era.
US Bonds hit 2.59% - this is the moment we've been waiting for! Normalisation and what it means for markets! In Bonds Lies The Truth!
Bill Gross Goes Short Treasuries: "10Y Could Reach 2.8% By Year End"; Pimco Prepares To Go Long
(By Harley Schlanger) With all signs pointing toward increasing volatility in the Trans-Atlantic financial markets, President Donald Trump must decide in the next weeks whether he will return to his campaign pledge to move against the destructive spe
In February of 2015, I wrote an article titled "Stock Buybacks and Sears' Death Spiral." In this article, I was critical of Sears Holdings Corporation's stock buybacks, totaling $6.011 billion, from 2005 through 2011. In the final paragraph o
Too much money chasing too few assets sums up financial asset inflation and declining returns.