I've said it a few times already -" 2019 is likely to see the start of the New Market Reality. Although some pundits claim yesterday's sell-off was due to automated algo's triggering a crash because they misread the US yield curve inversion
Big Banks Too Rich for Jail: HSBC Whistleblower John Cruz Pulls Back Curtain on Corruption. HSBC Whistleblower John Cruz, who describes Trillions in Money Laundering and the complicity of the U.S. Justice Department and AGs Eric Holder and Loretta Ly
The documentary 'People's Republic of Desire' features popular Chinese livestreamers making thousands of dollars from their videos--and the shadowy figures funding them.
The eurozone's third-largest economy, Italy, is marooned in a deep political and economic crisis, with seeming endless problems: an economy that has barely grown in decades, sky-high unemployment rates, ballooning national debt, an inability to for
Russian VTB, a state-owned bank, funded a significant portion of the Qatar Investment Authority's acquisition of a stake in oil giant Rosneft, Reuters reports, quoting nine unnamed sources familiar with the deal.
During the ruble crisis of 2014/15 Russia announced in the wake of U.S. and European sanctions over reunifying with Crimea that it would begin building a domestic electronic financial transfer system, an alternative to SWIFT.
On a day when the yuan and the A-shares market rallied on reports of a possible breakthrough in deadlocked US-China trade negotiations (a report that was eventually rebutted by none other than Trump chief economic advisor Larry Kudlow),
A former student of mine has made a generous contribution to fund the Walter E. Block Scholarship at the level of $25,000 each year. Several students interested in studying the economics of free enterprise who enroll at Loyola can benefit. These fund
During the ruble crisis of 2014/15 Russia announced in the wake of U.S. and European sanctions over reunifying with Crimea that it would begin building a domestic electronic financial transfer system, an alternative to SWIFT.
2012 was a seminal year for Europe and the ECB: that was the year when tensions in Euro markets receded in the second half of 2012, following Mr. Draghi's seminal "whatever it takes" intervention in July of that year.
Politicians have totally and completely misunderstood the trends within the global economy and as a result, they are actually creating one of the worst economic debacles in history.
Manager, Turmoil Is "New Normal"...For nearly a decade stocks enjoyed an environment of unprecedented bullishness, where good news was good news, and bad news was even better as it suggested central bank intervention via monetary stimulus, boosting
Global capital markets are down five weeks in a row, losing just under $9 trillion - the biggest, fastest drop since Lehman... (around $8.2 trillion from global equity markets)
Trump will most certainly not be happy if a sudden dump of US Treasurys by Beijing results in a sharp spike higher in US interest rates...And now that China has set an intervention "trigger" bogey, FX traders will quickly test just how serious Beijin
Aside from Saudi Arabia, the other long forgotten about Middle East autocratic ally of the United States known for arresting journalists, authors and activists is President Abdel Fattah al-Sisi's Egypt.
"Paid protesters are real," writes the Los Angeles Times, after a lawsuit filed by a Czech investor against a business rival spotlighted the seedy, and very real business of people hired to express fake outrage, support, and everything in between.