The state of affairs in economics is not just embarrassing, it's downright perplexing. Economics is a science, right?
Often neglected, however, is so-called "institutional competition" ?" or "state competition." It is, as the name already suggests, competition between states and government institutions. The idea is clear-cut: in a world with more than one
Iraq, Kuwait, the United Arab Emirates, Russia and Saudi Arabia will extend an OPEC agreement for oil production cuts for another six months. OPEC recently agreed to a six month 1.2 million barrel per day oil production cut.
Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by Trump's attack on the US central bank and political chaos in Washington.
John Sneisen and Tim Picciott break down the global everything bubble
Jeffrey Peshut at RealForecasts.com has composed several very illuminating graphs based on the Rothbard-Salerno True Money Supply (TMS).
This isn't exactly an article loaded with Christmas cheer, but there's a very good reason that my family has strictly limited our holiday splurges this year. It's because all the signs right now seem to indicate the US is hurtling toward an eco
The Pakistani businessman braved the rugged Karakoram Highway, crossed the freezing Khunjerab Pass, and spent an hour undergoing security at China's border to reach the city of Kashgar, in the frontier region of Xinjiang.
FedEx shares are plunging after what Morgan Stanley called a "jarring" cut to its annual forecasts, suggesting global growth is slowing far more than most expect - in fact, the bank hinted at the possibility of a "severe recession" unfolding - and pr
In our latest roundup of crypto chatter, tensions run high as Peter Schiff accuses Brian Kelly of dumping bitcoin on retail investors. The accusation surfaced after Kelly recently revealed that he is net short on BTC. Also, Vinny Lingham gives great
112 SHARES Twitter Facebook Reddit Email Print So much has changed in the past year (at least according to respondents in Bank of America's latest Fund Manager Survey). This time in December 2017, FMS investors were super bullish and long
Russia is keen to push economic integration with parts of Asia and this fits in with China's Belt and Road Initiative...
Amid one of the longest streaks ever in disappointing global data surprises...
The EU300 Billion Race to the Bottom of Europe: Taking Stock
Macquarie: "We No Longer Live In Conventional Capitalism; There Are No Recognizable Cycles"
Back in June 2017, we wrote that if one had to follow just one macro indicator that impacts virtually every aspect of the global economy, that would be the Chinese credit impulse. Not surprisingly, the article was titled "Why The (Collapsing) Credit
Australia's housing collapse is now in full swing. A recession will follow shortly.
The Commodity and Futures Trading Commission (CFTC) based in Washington D.C. is asking for the public's help in understanding Ether (ETH) and its use on the Ethereum Network.
The Inequality Gap on a Planet Growing More Extreme
Two months ago, Albert Edwards first suggested that investors are focusing on the wrong catalyst for the next crash, which according to the grumpy SocGen strategist would emerge out of China...
Update 3: It's official: May has won the leadership contest. 200 backed her while 117 voted against.
TOKYO/LONDON (Reuters) - A worrying sign of inversion in the U.S. Treasury bond curve is dulling the appeal of the developed world's highest-yielding bond market for foreign investors.
Former Federal Reserve Chair Janet Yellen told a New York audience she fears there could be another financial crisis because banking regulators have seen reductions in their authority to address panics and because of the current push to deregulate.
Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China. But the loans have come back to haunt his successor, Lenin Moreno, who will go hat in hand to China this month to
It has been a furiously chaotic day for Brexit developments, which considering the "organized" nature of the process to date, is saying something.
LONDON (Reuters) - British Prime Minister Theresa May abruptly postponed a parliamentary vote on her Brexit deal on Monday, throwing Britain's plan to leave the European Union into chaos after admitting that she faced a rout.
The numerous important trendline tests currently underway across the financial markets suggest this is a key juncture.
Update: Reuters has confirmed the earlier Bloomberg report that Wanzhou's arrest has provoked "intense debate" among senior Communist Party officials about how to respond.
AND THE TRADE WAR WITH CHINA!...
The ascendance of China and multilateral trading blocks could eventually spell the doom of the G20 and U.S. global dominance...