There are lies, damned lies, and economists. Whether these economists work for the government or a bank, they spend all their time on the computer extrapolating current trends with minor adjustments.
The great Frederic Bastiat said that "Trade barriers constitute isolation; isolation gives rise to hatred, hatred to war..."
Jim Rogers, who cofounded the Quantum Fund with billionaire investor George Soros, has shared his view on bitcoin, its use as money, and governments' response to the growing use of cryptocurrency. He predicts that central banks will not let uncontr
On Friday, we relayed the latest observations from BofA chief investment officer, Michael Hartnett who concluded that there is just one bull market to short - namely credit - "and the Fed won't let you" by which he means all central banks.
As stock markets roar back from the coronavirus-led rout, advisers to the world's wealthy are urging them to hold more gold, questioning the strength of the rally and the long-term impact of global central banks' cash splurge.
Global recovery from the coronavirus pandemic is proving patchy, and demands a close look at oil demand signals – the first stop in this week's roundup of energy and raw material trends.
Soybean futures were flat on Thursday morning amid oversupplied conditions globally, though the market was at a two month high from China increasing agriculture shipments.
China is doing everything in its power to get all global NGOs on its side, having made made multilateral donations to the World Health Organization of $50 million, and providing assistance to global organizations including the Global Alliance for Vac
Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering.
In the current economic circumstances, there are some pretty large numbers being thrown around by both governments and the financial media.
Even before protests over a controversial extradition bill sparked the tumultuous pro-democracy movement that swept across Hong Kong last year, the notion that the city's freedoms were under threat, and that China would soon move to curtail them, had
Sometimes we need something to shake us in order to wake us from the fantasy that we have been living in.
Perhaps inspired by our recent articles showing that "Loan Defaults Hit 6 Years High" and "Bankruptcy Tsunami Begins: Thousands Of Default Notices Are "Flying Out The Door"...
The key takeaways of the Two Sessions of the 13th National People's Congress in Beijing are already in the public domain.
While few industries have been spared by the impact of the COVID-19 pandemic, even fewer have been hit harder than the tourism sector.
Smaller countries that have taken out billions of dollars in loans that they have promised to pay back in oil are starting to fall behind on their payments.
S&P futures dropped alongside European and Asian stocks on Friday, while the Hang Seng index crashed 5.6%, the most in five years, as markets braced for an escalation in tensions...
A popular claim is that the 1918–19 flu pandemic killed millions but no biggie, the Roaring '20s started the following year. It's onward and upward, baby, once we toss the masks.
I find it amazing that there are still people in life who favor trade restrictions and trade wars.
Since President Trump fired the first volley in the US-China trade war two years ago, tensions between the US and China have intensified to unprecedented levels...
Sweden's unique policy approach in this pandemic has been described as "freewheeling" in international news media, but it would be more accurate to call it balanced. Johan Giesecke, a world-renowned epidemiologist and advisor to the Swedish G
For six weeks now I have been saying that the Government's policy on Covid-19 is a mistake. Most people do not agree with me, and many are angry with me for saying so. Others, bafflingly, don't care about the greatest crisis I have seen in my lif
As the Nasdaq makes a new high for the year, the world outside the stock market timebomb is falling apart. For example the UN agency, The International Labour Organisation (ILO) reports that 1.6 billion jobs are at risk in the global economy.
How Bad Is Bad? "In the face of pain there are no heroes."
Stocks stumbled the last two days, at least partially on fears about a resurgence in coronavirus cases.
A.P. Moller-Maersk A/S, the world's largest container line, warned Wednesday that global trade will continue to falter with volumes declining by at least a quarter in 2Q20.
That is the question on everyone's mind as we come to grips with the economic carnage caused by global economic shutdowns, supply chain disruptions, and ongoing quarantines of million of people.
One of the world's biggest piles of oil money is taking some profits and planning to dump nearly $40 billion of assets on the market in the coming months in what Bloomberg described as a "historic" sale.
There's been a concerted effort recently among the oligarchs I like to call The Davos Crowd to demonize cash.