We have not seen global economic activity fall off this rapidly since the great recession of 2008. Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the Baltic Dry Index j
And if history is any guide, then all hell is going to break loose in coming weeks and months. The last time they attempted similar machinations it resulted in a major collapse of global financial markets. But this time is different, right?
Introduction: Dr. Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. in Economics magna
- A Gloomy Preview Of What's Next In Global Macro From Morgan Stanley
Wealth just keeps growing for the 62 richest people in the world. Collectively, this ultra-wealthy group controls $1.76 trillion, which is about the cumulative worth of the poorer half of the world's population, or around 3.5 billion people.
Forced Economic Free Fall the Precursor to Collapse: "The World Is About To Enter A Global Depression Unlike Anything Seen Before"
S&P/TSX Composite index(INDEXTSI:OSPTX) and other major world markets responded as predictably as Pavlov's Dogs to the utterance by European Central Bank chief Mario Draghi pledging to 'deploy these instruments' - meaning more capital fabrica
S&P/TSX Composite index(INDEXTSI:OSPTX) and other major world markets responded as predictably as Pavlov's Dogs to the utterance by European Central Bank chief Mario Draghi pledging to 'deploy these instruments' – meaning more capital fabrica
Venezuela's opposition-led congress on Friday rejected President Nicolas Maduro's request for emergency powers amid a plunging national economy, the depths of which were dramatized by an IMF estimate that inflation this year will top 700 percent.
We Have Never Seen A Year Start Quite Like This…
Once the power to manage expectations has been lost, the central bank bag of tricks is empty.
One-Fifth Of All Worldwide Stock Market Wealth Is Already Gone
In November of 2014, we announced the quiet death of the petrodollar.
It's official. More than 50% of the "wealth" effect created from the 2011 lows to the 2015 highs has been destroyed
The entire system has been revealed for the sham it really is since the start of the New Year. Stock markets are crashing, the global economy has stalled, and the powers that be appear to have lost control.
A week ago we warned of some insane movements and mysterious bid in OIL
Marc Faber, editor of the "Gloom, Doom & Boom Report," has advised investors that now is a good time to invest in gold because stocks will crash over 40% and the world is on the verge of a new liquidity and debt crisis.
Global banker admits Keynesian economics not working
BlackRock Chief: Markets Will Be 'Fine' ... The boss of the world's largest money manager said financial markets will be "fine" over the next year despite a sharp downturn early in 2016 ... BlackRock Inc. Chairman and Chief Executive Laurence Fink sa
Millions of Americans are laughing their way to the gas station. But should they be? Sure, the stunning crash in oil prices below $30 a barrel seems great for consumers because it's driven gas at the pump below $2 a gallon. And the thinking is tha
Fears grow of repeat of 2008 financial crash as investors run for cover... As leaders gathered in Davos, FTSE 100 was gripped by panic selling and entered bear market with Dow Jones also plunging.
Did Janet Yellen jump the gun by raising interest rates in December? Not at all, according to the world's second most powerful central banker.
TGIF! Friday started with a bang after a turbulent week.
Lowest On Record. With all eyes on the overnight spike in crude oil prices (up 5% and back over $30, this must be the bottom right?), OPEC remains far from impressed with its basket price hovering at (or near) record low levels at $22.48.
And now… today's Pfennig for your thoughts… Good day, and a tub thumpin' Thursday to you!
Mario Draghi set the euro area up for expanded monetary stimulus for the third time in a year as China's economic slowdown and market volatility threaten to derail the region's recovery. The single currency slid.
Mario Draghi said the European Central Bank may need to bolster its stimulus programs as soon as March amid rising concerns about the euro-area recovery. The euro slid.
(NaturalNews) If you still own stocks and mutual fund shares, you still aren't grasping the systemic risk in the stock market. No matter what you claim to BELIEVE, it is your ACTIONS that actually determine your true grasp of reality.
As chairman of investments at Guggenheim Partners, Scott Minerd thought he had a realistic view on how big an economic challenge climate change poses.