The IMF is back at work spreading fear. That's not what we are supposed to think of course. We're supposed to believe that the IMF has our best interests at heart and that its ranks are filled with caring, decent people.
As online publications have hailed the major protests overtaking the streets of Brazil at the outset of an apparent political revolution, few discuss the problems that have been brewing for decades in South America's largest nation.
Around the World. Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we're going to its trailing edge. It's going to be much more severe, different, and longer lasting than what we saw in 2008 and 200
A giant leak of documents from the internal database of a global law firm based in Panama, Mossack Fonseca, has revealed the offshore holdings of 140 politicians, public officials, and athletes around the world.
The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a plan to spread the burden of lower crude prices among a population more accustomed to government largess.
Whether or not the IMF intended to use a Greek credit event to destabilize Europe as the Greek government first alleged, or whether this was "nonsense" as Lagarde responded to Tsipras letter, is irrelevant - ultimately the underlying premise was whet
Back in the summer of 2014, when the ECB first unveiled NIRP, many were concerned that this submersion into the monetary policy twilight zone would first crush Europe's money markets. However, at least until now, European MM funds have proven relativ
Under Eurozone rules budget deficits can be no greater than 3%.
Financial experts Robert Kiyosaki and Harry Dent are both warning that the next major economic crash is in our very near future.
"Shunto" season has failed to grip Japan.
Yellen Says Caution in Raising Rates Is 'Especially Warranted' … Fed Chair makes case for go-slow changes with rate near zero … Janet Yellen said it is appropriate for U.S. central bankers to "proceed cautiously" in raising interest rate
Analysts at Barclays have warned of a "rush for the exits" as investors back away from commodities, resulting in price levels for oil and copper dropping as much as 25pc.
In ten months and four days one of you will wake up as Mr. or Mrs. President. After the fabulous fun of post-inaugural balls (I wonder if I'll get an invitation after this letter), you will walk into the Oval Office on Saturday, January 22, and lau
Remember when the central bank of the United States worried about development in the, well, United States? Those days are gone. Presenting: China. From page 8 of Yellen's speech on "The Outlook, Uncertainty, and Monetary Policy":
Despite overwhelming fears of deflation in Japan by economists, by the Bank of Japan, and by prime minister Shinz? Abe, all of the preceding forgot to get the opinion of consumers.
Shanghai officials announced stricter real-estate regulations Friday to help cool a market where new-home prices soared 21 percent in February from a year earlier.
"Over the last 12 to 24 months, many sectors have had huge declines," the editor and publisher of the Gloom, Boom & Doom report told CNBC's "Fast Money" traders on Tuesday. "And I see here, there are some opportunities."
Japan's Negative-Yield, Inverted Bond Market Close to Breaking Point
The lords of finance are losing their touch. Institutions which dragged the world from its worst depression since the early 20th century are finally seeing their magic desert them, if conventional wisdom is to be believed. -"UK Telegraph
Faber- Central Banks will not help economy
Despite collapsing earnings expectations and weaker than expected macro data, US equity markets have 'lifted off' since mid-February erasing the entire year's losses...
Over the past month we have documented the surreal reemergence of China's latest housing bubble (recall the first one burst in early 2014 which forced Beijing to reflate the stock market bubble, which also burst over a year later), in recent articles
The longer-term effects of Brexit are … likely to be adverse. Most studies suggest that economic growth would suffer.
Nikkei futures rallied post-Fed into the Japanese open (despite weakness in USDJPY) and then when trade data struck (and exposed the utter failure of competitive devaluation), everything went into freefall. The Nikkei crashed 700 points and USDJPY p
One reason given for the contention that investors should fade Draghi's latest "package" is that, to quote Deutsche Bank, "we are one hawkish Fed statement away from a re-pricing."
In early November, we said that far from the traditional risk factors affecting China's economy, including the slowing economy, the stock market (and now housing 2.0) bubble, the soaring NPLs, and record debt,...
"Rampant Hedging" One week ago, the market was disappointed when Goldman's head commodity strategist, Jeffrey Currie pointed out the obvious, namely that the higher the price of oil rises, the greater the probability it will tumble shortly, as a resu
We wonder if this sentiment has been revised now that Bloomberg actually has the "big picture", and realizes that the only thing pushing the market higher is bond issuance (courtesy of central banks) whose proceeds are used to immediately buy all the
Human beings have come up with some crazy ideas for money and finance over the years. Conch shells. Beads. Animal skins. Salt. Rice. All of these were used as a form of money at one time or another.