Global Stocks Tumble Following Shanghai's 7% Crash
• http://www.bloomberg.comS&P 500 falls 2% as emerging shares drop more than 3% Brent rallies on Iran tension, yen rallies on haven demand
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S&P 500 falls 2% as emerging shares drop more than 3% Brent rallies on Iran tension, yen rallies on haven demand
Switzerland will hold a referendum to decide whether to ban commercial banks from creating money.
One year ago, when looking at the 20 most popular stories of 2014, we were troubled by a recurring thread: "despite the just concluded 6th consecutive year of a rising S&P 500 - the longest such stretch since 1999 of what otherwise would be deemed op
A Yahoo Finance headline this morning reads: "Unhappy New Year: The U.S. Economy Is Stalling Out."
A little over a week ago, Portugal announced that for the second time in less than two years, Lisbon would be forced to bailout a large lender.
The New Bank Bail-In System Goes Into Effect In Europe
We woke up this morning to find oil prices weighing on the market… again… with China suffering the biggest losses.
Swiss army chief André Blattmann warned, in a Swiss newspaper article on Sunday, the risks of social unrest in Europe are soaring.
It's not just investors who want to be like Warren Buffett. Many CEOs would too.
Saudi Arabia's finances are getting slammed by the crash in oil prices.
Most people assume that prices move as a result of changes in the money supply. Instead, let's look at the effect of changes in interest.
For Federal Reserve Chair Janet Yellen, the current too-low inflation rate is not only "transitory," it's also "idiosyncratic."
The idea behind asset allocation is simple: when one market struggles, it's OK because an investor can jump into another that is thriving. Not so in 2015.
In Sweden, a Cash-Free Future Nears ... Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers.
Without providing a link, ZeroHedge posted some comments today regarding "Helicopter Drop Theory" by Willem Buiter, Citibank's Chief Economist.
Without providing a link, ZeroHedge posted some comments today regarding "Helicopter Drop Theory" by Willem Buiter, Citibank's Chief Economist.
Our quarterly survey of "Off the Grid" economic indicators finds that the U.S. economy is still growing, but the pace seems to be slowing from Q3 2015.
Our quarterly survey of "Off the Grid" economic indicators finds that the U.S. economy is still growing, but the pace seems to be slowing from Q3 2015.
Everything Central Banks Have Tried Has Failed: According To Citi's Buiter Just One Thing Remains
Referendum on radical proposal to give central banks sole money creation power will be held after petition gains 110,000 signatures
Surging Crime, Soaring Suicides, Overwhelmed Food Banks "And The Worst Is Yet To Come"
Brent oil cratered to its lowest price in more than 11 years on Monday, as demand for heating oil slumped on warmer-than-normal temperatures and traders tested for a bottom.
Ever since 2010 we have explained that one of the biggest risks facing the world is China's gargantuan mountain of debt, seen in its consolidated state in the following McKinsey chart
Ever since 2010 we have explained that one of the biggest risks facing the world is China's gargantuan mountain of debt, seen in its consolidated state in the following McKinsey chart
The state-owned Bank of China has been ordered by an American court to hand over customer information to the US. The bank has refused to comply, as to do so would violate China's privacy law. The US court has subsequently ordered the Bank of China
It has been a seesaw session with U.S. stock index futures following their dramatic buying burst in the last half hour of market trading yesterday by first rising, then falling, then rising again alongside European equities both driven almost tick fo
The year 2016 may prove a time in which the theoretical underpinnings of the old adage that "the best cure for low prices is low prices" is challenged, according to Morgan Stanley.
As those who frequent these pages are no doubt aware, NPLs at Chinese banks are rising.
Early last month, we noted that something very strange was happening off the coast of Galveston, Texas.
The era of easy money in the world's major economies isn't close to being over.