This is not going to be yet another: "Oh, look at the madness of buying Tech Stocks that don't make any money" stories.
But, seriously…. Would you buy a company posting revenues of $1.8 bln, substantially smaller in quantum than its $1.9 bln
As each of the seven largest credit-card issuers in the US reported a troubling jump in default rates to levels not seen in the better part of a decade, we noted last week that relaxed lending standards combined with 'Non-GAAP' FICO scores suggest th
Bernie Sanders's presidential campaign picked up momentum last week following a Fox News town hall performance, which solidified his lead in the Democratic Party's nomination race.
With the US Treasury launching May's coupon issuance with today's sale of $38 billion in 3Y notes, traders were wondering amid today's sharp equity selloff, if we would see a flight to safety in the primary Treasury market.
• bloomberg.com, By Jesse Hamilton and Craig Torres
The Federal Reserve escalated its warnings about the perils of risky borrowing by businesses Monday, saying firms with the worst credit profiles are the ones taking on more and more debt. The Fed also left a question unanswered: Is it going to do any
Trump's tariffs on imported steel and other efforts to boost American manufacturing have helped to revitalize a steel industry that has been in decline for decades. The billion dollar investment comes as the White House on May 3 touted a number of
As school children my friends and I were very interested in archeology and ancient civilizations. We read all the available books. My best friend intended to become an archeologist and to explore ancient ruins about which we imagined more than we act
Some debates fizzle out quickly, while others linger. This year, the Fed's policy and the outlook for China have dominated macro conversations. The latest iteration of these debates centers on potential shifts in the Fed's and China's policy st
In an earlier report, our analysis of federal data showed the number of farmers across the Midwest filing for bankruptcy soared to its highest level in a decade.
Justin's note: The left has a new obsession… Modern Monetary Theory (MMT).
MMT is an economic theory which essentially argues that the U.S. government wouldn't need to collect taxes or borrow money to finance spending. It could simply print
Pay attention here, we just witnessed trend breaks on some index charts and these breaks are coming at a key time and could spell more trouble to come.
We are having a propaganda barrage about the great Trump economy. We have been hearing about the great economy for a decade while the labor force participation rate declined, real family incomes stagnated, and debt burdens rose.
Ever since March 20, this fear is front and center because as shown in the chart below, starting on March 20, the effective Fed Funds rate rose above the IOER first by just 1 basis point, and then, last Friday spiked as much as 4 bps above IOER.
• https://www.paulcraigroberts.org,Paul Craig Robert
We are having a propaganda barrage about the great Trump economy. We have been hearing about the great economy for a decade while the labor force participation rate declined, real family incomes stagnated, and debt burdens rose.
Angela Keaton (Operations Dir/Antiwar.Com) on a variety of issues, including Antiwar.com's fundraising efforts and how you can help - Kingsley Edwards & Erin Nakamoto = Flote = New Social Media & AnarchaVegas
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and
As public banking gains momentum across the country, policymakers in California and Washington state are vying to form the nation's second state-owned bank, following in the footsteps of the highly successful Bank of North Dakota, founded in 1919.