ON AIR NOW
Click to Play
Bitcoin Cash: $ USD
A statue in front of the Federal Trade Commission shows a horse (the market) being restrained by a man (government). The idea is that the horse is physically determined but wild, driven by instinct, and potentially destructive.
Chance of Another Financial Crisis" ...Fed Chair Janet Yellen made financial news today when she proclaimed that she expects No New Financial Crisis in 'Our Lifetimes'
Sooner rather than later, a robot is going to be able to do part or all of what you do for a living. In response to this and other pressures, the Canadian province of Ontario is gearing up to launch a basic income trial this summer.
It may be too soon to write OPEC's obituary, but the oil producer club appears in urgent need of late-life care. It shows little understanding of where it is, how it got there or where it's going.
Alibaba CEO Jack Ma says China is shifting from exporting to importing and China is going to to be the world's largest consumption place and that engine is going to drive the world economy.
There is something very alarming going on with the Chinese debt markets that pretty much guarantees that China is going to tip into a bear market in its stock market and have an economic slowdown.
Once upon a time governments actually had to be fiscally responsible, spending no more than they took in. Expenditures had to match revenues, in other words; when the money ran out, that was all there was.
As the first hint of dawn stretches over a Colombian neighborhood known as "Little Mene Grande" after the warm, Venezuelan city where so many recent arrivals are from, six men and women rise from worn, flattened mattresses.
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
On Monday morning, we reported that in a stunning development, chronic defaulter Argentina - which just one year ago emerged from its latest bankruptcy - has found enough willing greater fools to sell 100-year bonds to. One person who especially stun
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
Why not...The Dow is up 1.5% since the Thursday close before the FANG Crash (with both S&P and Dow at new record highs this morning), but Nasdaq contonues to lag...
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
As Saudi Arabia continues to liquidate more of its foreign exchange reserves, it means serious trouble for the petrodollar system
Caracas (AFP) - Swearing in fury, the crowd strips the man naked and stomps on his head as he sprawls on the ground. "You want things that come easy? Then take this, you bastard." In Venezuela, this is what robbers get when they are caught by passe
Did you know that the sixth largest bank in Spain failed in spectacular fashion just a few days ago?
Did you know that the sixth largest bank in Spain failed in spectacular fashion just a few days ago?
Did you know that the sixth largest bank in Spain failed in spectacular fashion just a few days ago?
Stockholders and junior bondholders fear another "bail-in."
speculative bubble… and all bubbles end badly...(Natural News) Everyone is jumping on the Bitcoin bandwagon these days as the popular cryptocurrency continues to soar in perceived value relative to the dollar. But the Bitcoin bubble could be in the
"If you think this has a happy ending, you haven't been paying attention," warns MINT Partners' Head of Capital Markets Bill Blain, as he reflects on what just happened in Europe (that US equities seem happy to brush off as yet another fleshwound t
After reading that quote several times, it remains shocking that the politicians and individuals of that era unconsciously "conformed to the rhythm of the tragedy."
As its foreign reserves dwindle to less than $10 billion, the government of Venezuela- desperate for any kind of financial lifeline - has partnered with a Chinese brokerage to try and resell $5 billion in bonds that it initially issued at a deep d
This episode focuses on the financial bubbles in our current Economic system, with a brief history of how we got here and what's to come
and China in the near future...(Natural News) The United States, after eight years of George W. Bush and eight more under Barack Obama, is now sitting at $20 trillion in debt, an amount that is more than 104 percent of our country's annual gross do
Below we excerpt some of the latest observations from BofA's Michael Hartnett, who nearly a year ago first penned the "Icarus trade" concept - i.e., the final push in the US stock market to its all time highs - and who has been expecting a "blow off
Virtually every class of US debt -- sovereign, corporate, unsecured household/personal, auto loans and student debt -- is at record highs.
There are multiple sources of friction in the Perpetual Motion Money Machine.
NEW YORK -- Long considered the titans of Wall Street, hedge fund managers have long thrived under a simple premise: They are smarter than the average investor and can produce bigger profits.
