A week after upending the grocery business, Amazon.com Inc. is taking aim at fashion. The e-commerce giant's latest service, which lets consumers try on items at home before they buy them, prompted a slump in shares of Macy's Inc. and Nordstrom
in a matter of minutes...For the past few weeks, I've been warning about the extreme volatility of crypto currencies, urging readers to steer clear of the outlandish risks of these unproven, untested "casino-style" betting market
When Errors Balance Out and When They Don't
We've written frequently in recent months about the coming subprime auto crisis which will very likely be prompted by a wave of off-lease vehicles that will flood the market with used inventory over the coming years. In fact, Morgan Stanley recently
Illinois become the first?...(Natural News) For years Natural News founder/editor Mike Adams, the Health Ranger, has been warning Americans that many of the nation's public sector pensions are underfunded by hundreds of billions of dollars and are
Yesterday, when looking at the divergence between the slowing US economy and the Fed's insistence on hiking rates, Bank of America's David Woo asked if there is a different motive behind the Fed's tightening intentions, namely is the Fed trying to po
The entire global economy now depends on this stripped-of-information "market" for its stability. Ho-hum, another day, another record high in the S&P 500 (SPX). What is this market telling us? If you're long, the market is screaming "you're a geni
As a follow up to Eric Peters' comments on the Fed's ongoing tightening strategy (which he ascribed to the Fed's questionable desire to "subdue Wall Street"), the One River Asset Management CIO has some observations on what happens next, which roughl
What if everyone declared bankruptcy, would that solve all financial woes? Or rather, would it be the ultimate debt bubble burst? Bankruptcy is a "solution" that would become disastrous if everyone were to use it. So can it truly be considered a
Expose Markets To Political Chaos... So as the week begins... Global equities are higher, fueled by Emmanuel Macron's big win in France's National Assembly election. The euro is virtually flat versus most major currencies as the elec
The Federal Reserve claims it can continue "tightening" -- even though it is still leaving interest rates at historically low levels -- and begin unwinding its balance sheet, because the economy is "improving" and "will continue to improv
If something happens seven times in a row, do you think that there is a pretty good chance that it will happen the eighth time too?
– And If That Happens A Recession Is Essentially Guaranteed
The horrific shooting spree on the practice field of the GOP's congressional baseball team happened early in the morning, but it was hardly the end of Wednesday's madness on the Potomac.
This week, the Trump Administration issued a 150-page report on banking regulations. If Trump gets his way, as much as $2 trillion in funds will be "unlocked" for banks to lend out. Banks were forced to "lock" those funds away after the last financia