Yesterday, we highlighted a note from Deutsche Bank chief equity strategist Binky Chadha pointing out that hedge funds are still underweight stocks while inflows into equity ETFs – a common investment vehicle for retail investors – are surging at rec
Caterpillar is the world's biggest manufacturer of construction equipment, and as a result, its conference calls and presentations are typically watched closely for a glimpse into how the global manufacturer perceives the state of the world economy.
Europe's debt crisis is still grinding on but UK Independence Party leader (UKIP) Nigel Farage told King World News that the end is near.
Central bank stimulus is not enough to fix the ailing global economy and governments must increase their efforts to boost growth, Group of 20 officials agreed. Deputy finance ministers and central bankers of the G20, which is made up of
"As long as Portugal maintains its level of fulfillment, we know that we will have the support of our external partners. If we do not, we put at risk our fulfillment, and these guarantee mechanisms will cease to exist," he said.
Some major corporate borrowers in Europe and the United States think Libor, the interest rate at the center of an international rate-rigging inquiry, is not an accurate benchmark against which to price loans, but few are considering using an alternat
Never try to teach a pig to sing, advised Robert Heinlein. It wastes your time and it annoys the pig. Similarly, never try to convince a central banker that his policies are destructive.
Spain once pushed hard for Ireland and Portugal to ask for bailouts from their partners in the euro because it was keen to shelter itself from an accelerating sovereign debt crisis.
Ray Dalio, founder of the world's largest hedge fund, Bridgewater, thinks the euro will survive; however, predicts a “10 to 15 year managed depression” in Southern Europe. In a worst case scenario, he painted a much darker picture.
Hedge fund god Ray Dalio was on CNBC this morning, giving a long-ranging interview to Andrew Ross Sorkin.
For some time, there has been talk of a growing housing bubble in Canada.
The global recession, which started in Europe, is strengthening led by further declines in the eurozone.
Probably best if you spike your morning coffee before reading any further.
The Divergence Between US And Chinese Stocks Is Unbelievable
Bordering the Black Sea in Southeastern Europe, Romania offers visitors a variety of beautiful and dramatic landscapes concentrated in a relatively small land area, including modern cities and medieval villages, sweeping mountain vistas, broad plains
As if depressing PMI data out of China overnight was not enough (it was certainly enough to send the Shanghai Composite tumbling 2.08% to 2024.8 and just off fresh 4 year lows), we then got Europe to join in the fray with a composite PMI print of 45.
Today John Embry gave a stunning interview to King World News. In it he made some rather frightening predictions. Embry believes, “... we are in the early stages of a global ‘Weimar’ event.”
Aggressive new policy from the European Central Bank has so far failed to boost ailing euro zone business, according to surveys that showed a widening chasm between sickly France and a more resilient Germany.
The mood in financial markets turned sour Thursday after a round of disappointing economic news illustrated the scale of the global economic downturn.
A month ago we warned that loan delinquencies in Spain were bad and getting worse at a concerning rate.
Bitcoin is a pure electronic, fiat currency with no metals backing at all. It is accruing "value" and has huge exposure on such mainstream sites as Reddit.
A senior advisor to the Chinese government has called for an attack on the Japanese bond market to precipitate a funding crisis and bring the country to its knees, unless Tokyo reverses its decision to nationalise the disputed Senkaku/Diaoyu islands
...That Gets Access To Cash For Free
Analogizing from the sleight-of-hand tricks of magicians to the confidence-based efforts of the world's central bankers, Brent Johnson of Santiago Capital provides at once an entertaining and also devastatingly simple explanation of what these guys a
Hyperinflationary episodes have appeared several times over the past century – 55, to be exact – as the world's nations have experimented with fiat currencies backed by the full faith and credit of the governments that issue them.
Last week, the Federal Reserve made history when it embarked on unlimited quantitative easing. In other words, it plans to buy bonds and keep interest rates as low as possible for as long as possible until unemployment comes down and the economy sta
From Morgan Stanley's Adam Parker, a paragraph that captures the zeitgeist of the market
Whether it is earnings hockey-sticks, global growth ramps, or fiscal cliff resolutions, it seems the market can only see the silver-lining. We temper that extreme bullish view with the fact that all the monetary policy good news has to be out now - f
How China's Rehypothecated "Ghost" Steel Just Vaporized, And What This Means For The World Economy
Crude Oil's Quick Fall Leaves Trail of Queries .