Trade war with US, Hong Kong protests showing no signs of slowing - is China on the verge of a collapse? If the collapse does come, what next? Are America's fingerprints on the protests, as China claims?
Things started moving very rapidly after President Trump ratcheted up trade friction with China on August 1 by announcing 10% tariffs on the remaining roughly US$300bn of imports from China to the US.
Why hard assets are so important given the current state of global markets
Norway's US$1-trillion fund - the world's biggest sovereign wealth fund - sent shockwaves through global markets nearly two years ago when it said in November 2017 that it recommended the removal of oil and gas stocks - around US$35 billion worth
Yesterday, in a lengthy article referencing the escalating dollar and funding liquidity shortage as a result of the aggressive rebuild of the Treasury's cash balance from $133BN to $350BN in the aftermath of the debt ceiling deal, we said "Forget Chi
Zimbabwe's economic situation will continue to sour in 2H19 due to unfavorable weather conditions, foreign currency shortages and widespread power cuts, its finance minister said, as he responded to a deteriorating economic outlook by blacking...
Blain's Morning Porridge, submitted
"In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initi
What Happens In Hong Kong Next: The Kyle Bass Presentation
It's Bullish…Always Last Wednesday, the Federal Reserve announced the latest decision concerning monetary policy which contained three primary components: A cut of 25bps Stopping balance sheet reductions (or Quantitative Tighteni
For years, European banks were leery of passing on the ECB's negative -0.40% deposit rate to their clients for fears of deposit flight and other unintended consequences, in the process being forced to "eat" the difference and impacting their interest
With a decade-long bull market and an ultra low interest rate environment globally, it's not surprising to see capital flock to housing assets.
Global debt is currently at $246.5 trillion and primarily in the Wealthier, Consumer Nations of the world. The population of young in Consumer Nations has fallen 12% or over 100 million Since Peaking in 1975. Debt on a per capita basis gauged again
The trade deficit in goods shrank a bit but the real story is a sharp slowdown in trade.
If the Fed thought its life was complicated before, when it was expected to cut rates even as the US economy was firing on all cylinders and humming along, Powell's problems just hit nightmare level, following a Q2 GDP print that not only came in far
Josh Sigurdson talks with former congressman, author, host of the Liberty Report, Dr. Ron Paul about the latest trends as the monetary system collapses under the weight of vast centralization and debt.
Almost eight year ago, we first presented a chart first created by JPMorgan's Michael Cembalest, which showed very simply and vividly that reserve currencies don't last forever, and that in the not too distant future, the US Dollar would also lose it
The world's largest central banks are preparing for a policy u-turn, some have questioned whether 'more of the same' from the ECB will be enough to revive the continent's moribund economy. In fact, BlackRock CEO Larry Fink speculated that the ECB wo
A housing affordability crisis has been gaining momentum in Australia over the last several decades as the number of people outright owning a home has collapsed by a third as home prices soared 400%.
IN MAJOR THREAT TO DOLLAR'S RESERVE STATUS, RUSSIA OFFERS TO JOIN EUROPEAN SWIFT-BYPASS
Peter Schiff predicts stagflation. I suggest another round of deflation is on the way and challenge him to a debate.
Academics in Beijing plot decoupling business with the US and teaming up with EU and ASEAN
Deutsche Bank is considering how to transfer some €150 billion ($168 billion) of balances held in it prime-brokerage unit - along with technology and potentially hundreds of staff - to French banking giant BNP Paribas.
Josh Sigurdson talks with author and economic analyst John Sneisen about the latest news out of Australia as the country's interest rates continue to fall as the everything bubble worldwide readies itself to pop.
Deutsche Bank's mass restructure will see 18,000 jobs cut by 2022 and the closure of its global equities sales and trading business in a bid to improve profitability. The bank expects the sweeping reforms, which also involve the creation o
The auto industry continues to look like a bursting bubble in progress and all around sad state of affairs, despite low rates and the "prosperity" of the stock market hitting new all time highs. Meanwhile, under the surface of those numbers, the actu
Real estate firms in Japan are once again "entering dangerous territory," according to Bloomberg. S&P Global Ratings said on Friday that the sector's debt levels are now higher than the nation's bubble era.
Shares opened higher in Asia on Thursday, tracking the ascent by major U.S. indexes to record highs.
After talks with Commerzbank collapsed, one of the key questions on the mind of most long-suffering DB shareholders has been 'can Deutsche even afford the type of restructuring that CEO Christian Sewing has promised?'
Italian debt is on fire today, enjoying one of its best intraday returns on record, with the 30Y Italian bond yield plunging by a whopping 27bps to 2.595%, 10Y yields sliding as low as 1.61%,the lowest since October 2016, and the spread to German Bun