As today's world teeters on the brink of a financial collapse greater than anything the world experienced in either 1923 Weimar or the 1929 Great depression, a serious discussion has been initiated by leaders of Russia and China regarding the terms
It is not only the greatest it is also the fastest. The Covid-19 pandemic has brought death, pain and suffering around the world and is causing widespread economic and financial hardship.
"A Legal Nightmare": In Latest European "Freakshow", EU Threatens To Sue Germany Over QE Ruling
As today's world teeters on the brink of a financial collapse greater than anything the world experienced in either 1923 Weimar or the 1929 Great depression, a serious discussion has been initiated by leaders of Russia and China regarding...
Saudi Arabia Running Out Of Money: Riyadh To Slash Spending By $27 Billion, Suspend Cost Of Living Allowance
Over the past few years, the various sectors of commercial real estate have split into different trajectories, with some property types, such as industrial and office, rising to new highs, and with retail properties dropping further and further.
New findings published in "Bain & Company Luxury Study 2020 Spring Update" this week suggest a collapse in the global luxury goods market is underway with no recovery for several years, shredding any hope that a V-shaped recovery will be seen in the
As the Washington, D.C., establishment and its acolytes in the U.S. mainstream press continue to celebrate the $4 trillion in new federal spending for the coronavirus crisis, Argentina has a sobering message for the American people.
A few weeks ago we reported that something "impossible" just happened in the world of structured credit:
Berlin, Germany: UN Secretary-General António Guterres said during a two-day conference on global warming, that the economic turmoil caused by the coronavirus pandemic presents a "rare and short window of opportunity" to accelerate their globali
The World Economic Forum promotes its action plan as bringing "multistakeholder leadership to the COVID-19 pandemic" but has the overarching goal of converting to a low-carbon, resource-based economic system such as Sustainable Development, aka T
In his latest ad hoc investing note "Where Is The Folder", the legendary creator of the MOVE bond volatility index and the iconic Merrill Lynch RateLab, Harley Bassman, opines on...
Sweden did not lockdown its economy or close its schools in response to the coronavirus.
As expected, there were no changes to either the ECB's rates or purchase program, or its €750BN expanded QE, aka the pandemic emergency purchase programme...
Eric Holthaus, a popular online climate-change activist, points out that the allegedly positive environmental effects of the coronavirus crisis are on "roughly the same pace that the IPCC says we need to sustain every year until 2030 to be on pace
For weeks, the United Nations, International Monetary Fund, and World Bank have stated the only solution for emerging market economies severely damaged by the coronavirus outbreak is a "debt jubilee."
Lebanon, the tiny Mediterranean country with hugely outsized debt, has become the first country in the Middle East to legalize the growing of cannabis in an unlikely precedent.
If you think we've got problems now, just imagine what it would be like if China owned more of our economy than we do. Was this the plan all along?
In this episode, Luke and Tim go over the latest economic news relating to the EU's decision to issue perpetual bonds and what that really means for the average person's liberty and freedom.
The Great Lockdown continues to turn markets on their head.
Caves, Cars, & Clogged Pipelines - Oil Traders Turn To "Oddball Storage Locations" As Demand Hits 30-Year Lows
Update (1450ET): Just as we suspected and detailed below, The ECB has followed The Fed's path by accepting junk debt as collateral for its lending facilities.
Watch this interview as Roger Ver takes a look at the current state of the economy, and explains why cryptocurrencies are not performing well during this crisis.
This Might Be Serious...
Crude prices have collapsed, spawning a litany of memes celebrating the fact that an empty barrel of oil is more expensive than a full one.
What have we got to look forward to in markets?
Game Over, Man, Game Over
After a relatively drama-free weekend, futures have started off the new week lower by about 0.4%, trading at 2850, down 20 points from Friday's CTA inspired and momentum-driven meltup which appears to be reversing as algos realize they have frontrun
Asian Oil Trading Legend Files For Bankruptcy After Hiding $800 Million In Losses, Secretly Selling Loan Collateral
The historic OPEC+ "Mexican Standoff" production cut came and went, and after a very short kneejerk spike higher oil has continued to plunge to historic lows for the two reasons we laid out previously: