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Bitcoin Cash: $ USD
Here we are, ten years after the bankruptcy of Lehman Brothers, and one would be hard pressed to find evidence of meaningful lessons learned.
If your retirement plans consist entirely of that pension you've been promised, it's time to start looking elsewhere.
"Credit Suisse works with international regulators wherever it does business to ensure compliance with sanctions, including compliance with sanctions involving Russia," a bank spokeswoman told Reuters. The bank is complying with the latest round
I recently penned an article which discussed the Fed and the risk of a monetary policy error in the future.
Bitcoin is back below $7000, and Ethereum is tumbling back near its lowest since Nov 2017 as reports that Goldman Sachs is putting its plans to build a crypto trading desk on hold has sparked 'what do they know' anxiety in the virtual currency space.
Almost $800 million worth of Bitcoin and Bitcoin Cash has been withdrawn from wallets associated with defunct cryptocurrency "black market" Silk Road marketplace and linked to Silk Road owner Ross "Dread Pirate Roberts" Ulbricht, signaling a
For the vast majority of people, wages have been stagnant since the 1970's. What happened in 1971? Well, that was the year that the U.S. dropped what was left of the gold standard. The major beneficiaries of that fateful decision have been the politi
I hate to break it to you, but the everything bubble isn't permanent. OK, I get it-the Bull Market in stocks is permanent. Bulls will be chortling in 2030 that skeptics have been wrong for 22 years an entire generation. Bonds will also be hi
I hate to break it to you, but the everything bubble isn't permanent.
Government Worker wages rose just over 2% in the last year (while private sector workers saw wages rise over 5%), but President Trump has "determined that for 2019, both across-the-board pay increases and locality pay increases will be set at zero,"
Fans of HBO's hit series, Game of Thrones, know well the motto of House Stark: "Winter is Coming." This motto warns of impending doom, whether brought on by the Starks themselves, devastating multi-year, cold weather, or something far more omin
The growth rate of Americans' spending has slowed in the last three months (to +0.4% MoM as expected in July) and income growth has slowed, up just 0.3% MoM in July (below expectations of +0.4%).
Stocks just set a new record for the longest "bull market" in history. If you're an optimist, this is a reason to celebrate the relatively high level of economic freedom in the United States.
Judging by historically low-interest rates, investors, ourselves included, are not concerned that the U.S. government will default. Given the government has a printing press, we see little reason for such a concern...That said, we are greatly worried
Peter Schiff, who accurately predicted the 2008 financial crisis has said in a recent podcast that the Federal Reserve is going to let the "inflation genie out of the bottle." And Schiff says this warning comes directly from the Fed's own chai
Extreme conditions are aligning in a way we've seen before...
Amid its "broadest slowdown in years" the US housing market faces prices for starter homes at the highest they have been since 2008, just prior to the collapse of the housing market, and August is confirming that prices are indeed becoming an issue.
While businesses are already enjoying the benefits of lower taxes and regulatory relief from the Trump administration, they have yet another reason to celebrate, according to Bloomberg.
USD stuck "sideways to lower"--and that is a 'risk-asset' positive, with Commodities higher for five of the past six sessions / EEM 'up' seven of the past eight sessions
Home sales, mortgage apps, starts, permits, buying sentiment, and now home prices...all disappointing expectations and sliding. S&P CoreLogic (Case-Shiller) 20-City home price index rose just 0.11% MoM (half the expected 0.2% rise) and slowed to a
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that the price of gold is about to skyrocket as we enter the "Dark Years."
Existence is running out for America
The U.S. economy is growing at a fast clip, and the bull market is entering its ninth year. Some economists are starting worry over rising interest rates and a negative signal from the bond market called a flattening yield curve.
New analysis from CNS News finds that the majority of Americans under 18 live in households that take "means-tested assistance" from the US government.
Authored by James Howard Kunstler via Kunstler.com, The Dogs Of Vengeance History has a velocity of its own, and its implacable forces will drag the good, the bad, the clueless, the clever, the guilty, the innocent, the avid, and the unwilling to
Remember 'global synchronous recovery'? That is over... For the first time since early 2015, US economic data is trending dramatically more disappointing than that of Europe.
This means that the US stock market has been generally rising for nearly a decade straight… or even more specifically, that the market has gone 3,453 days without a 20% correction.
...'I've seen in my career'. The retailer's shares are surging after reporting fiscal second-quarter results that beat on earnings, revenue and comparable store sales. Just when many investors have written off brick-and-mortar retailers in the era of
Unfunded pension obligations range from a low of $30,000 per household of four in Tennessee to a high of $180,000 per household in Alaska. They amount to less than 11% of the average home values in Florida, Tennessee and Utah and more than 50% i
Wells Fargo has been fined more than 12 bllion dollars for over 80 federal violations of banking law ranging from mortgage abuses, consumer protection violations, price fixing and violation of anti-trust laws, and a breach of trust with its invest
