Crude Oil's Quick Fall Leaves Trail of Queries .
• BY JERRY A. DICOLO AND CAROLYN CUICrude Oil's Quick Fall Leaves Trail of Queries .
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Crude Oil's Quick Fall Leaves Trail of Queries .
While countries including France and Italy set expiration dates after which their former currencies could no longer be exchanged for euros, Germany never did.
Japan’s economy has been in a comatose state for over two decades, and the country continues to face hurdles that threaten the next several years. And just when Japan’s gross domestic profit (GDP) growth was showing some life, the eurozone mess surfa
Have you ever noticed how it seems like the public can only handle one major issue at a time?
UBS: Hundreds of billions of francs to leave Swiss banks
For the past two years, as regular readers know, I have been bearish on hard commodities. Prices may have dropped substantially from their peaks during this time, but I don’t think the bear market is over. I think we still have a very long way to go.
We warned that the shine was coming off Draghi's rally late last week but since mid-morning on Friday, Spain's 10Y spread has risen a very notable 36bps and the 10Y yield has just broken back above 6% for the first time in over two weeks.
When you have central planners printing inverse-wealth (because money printing dilution by definition means less wealth for everyone), who needs that cornerstone of old school economics: trade. Certainly not Japan...
class war
During this period Russia adopted the Concept of Pocket Development for the northern regions. The so-called "pockets" or transportation hubs that were created in port cities stimulated industrial growth. Marketing was encouraged by the constructi
It has been a puzzle to us why the United Nations would want to encourage alternative currencies and why there has been a surge of feedback comment on alternative websites about "usury" and the evils of interest.
BofAML's Michael Hartnett has an excellent note answering the question: Why is the equity market up so much?
For decades, experts have been predicting a crash in China.
Hooray, EuroLand is saved yet again. Get ready for unlimited Euro printing.
Starting next year, new rules designed to prevent another meltdown will force traders to post U.S. Treasury bonds or other top-rated holdings to guarantee more of their bets.
For the first time in history, rich people are actually getting poorer, and luxury retailers are freaking out about it.
Huge questions remain unanswered regarding the outlook for the global economy. What's next for Europe's debt crisis? Is China headed for a hard landing? Will the Federal Reserve unleash QE3 to stimulate the U.S. economy?
The euro crisis is not over and is about to get interesting ... Supposedly the euro crisis is all over.
Bill Taren, a retiree near Orlando, Fla., discovered in August that his credit union would pay only 0.4 percent annual interest on his saving account, even though inflation averaged 2.8 percent over the last year. So he and his wife decided to just
Greeted with initial fanfare by investors and economic officials, the unlimited bond-buying plan that the European Central Bank announced ran into immediate political problems in the crucial countries of Germany, Spain and Italy.
Central bankers Debating the Limits of Power in Jackson Hole are wondering what's holding back the economy.
Fantastic paragraph and sentence here from Nomura bond strategist George Goncalves
Japan’s debt-to-GDP ratio is nearly 230%, the worst of any major country in the world. Yet Japan remains the world’s largest creditor country, with net foreign assets of $3.19 trillion. In 2010, its GDP per capita was more than that of France, German
The ECB had its work cut out for it today – markets have rallied considerably over the past month ahead of the big ECB announcement detailing its bond-buying plan this morning.
As Chinese iron ore inventory builds up, much attention has been devoted to the slowdown in the domestic economy.
The European Central Bank moved forcefully to ensure the survival of the euro, agreeing to unlimited purchases of government bonds and a series of other steps meant to restore the world’s confidence in the struggling currency union.
Strong exports limited the euro zone's economic contraction in the second quarter of this year despite falling investment, inventories and private consumption that point to output shrinking overall in 2012. The EU's statistics office Eurostat conf
That's the term Goldman is going with to describe the new ECB bond buying scheme that will likely be announced tomorrow.
Chinese luxury consumers have faced rising prices once again this year, especially in the areas of travel, liquor, and education, according to the latest Luxury Consumer Price Index from the HuRun report.
Get some rest tonight. It's a big day tomorrow.