Home » Economics (Page 285)
Category Archives: Economics
They Are Calling This A “Bloodbath” For The $800 Billion Trucking Industry As U.S. Economic Activity Dramatically Declines
They Are Calling This A “Bloodbath” For The $800 Billion Trucking Industry As U.S. Economic Activity Dramatically Declines The U.S. trucking industry has not experienced a downturn of this magnitude since the last financial crisis, and this is one of the clearest signs yet that the U.S. economy is steamrolling into a severe economic downturn. When […]
“The Dollar Is Becoming Toxic” – Russian Intel Chief Slams “Aggressive, Unpredictable” US Behavior With the latest TIC data showing China following Russia’s lead and reducing its US Treasury exposure (to two-year lows), as it increases its gold reserves (for six straight months), the unipolar US hegemon faces an ugly trend among the ‘rest of […]
No, Rate Cuts Were Not Discussed: ECB Insiders Out Draghi as Fabricator & Schemer, and Talk to Reuters
No, Rate Cuts Were Not Discussed: ECB Insiders Out Draghi as Fabricator & Schemer, and Talk to Reuters Draghi’s shenanigans get hilarious, months before his term ends. So here’s ECB President Mario Draghi, whose term ends in October, and he’s at the ECB Forum in Portugal, and in a speech on Tuesday titled innocuously, “Twenty Years of […]
Draghi Punts, Trump Grunts, Gold Bunts
Draghi Punts, Trump Grunts, Gold Bunts For months now the markets have been in denial that ECB President Mario Draghi has any answers to the Euro-zone’s problems. Today’s statement confirms what anyone with eyes to see has been saying. There is no Plan B. Draghi started the year saying he would end his various QE […]
Loonie Spikes After Canadian Core Inflation Soars To 10-Year Highs
Loonie Spikes After Canadian Core Inflation Soars To 10-Year Highs Canadian inflation rose faster than expected in May across all eight major components, spiking the Loonie as it supports the BoC’s view that ‘the North’ is emerging from its growth slowdown (and Poloz argument that rates will need to go higher). The headline consumer price index jumped […]
Meanwhile In China, Echoes Of Lehman As Interbank Market Freezes
Meanwhile In China, Echoes Of Lehman As Interbank Market Freezes One month ago we wrote that in the aftermath of the shocking government May 24 seizure of Baoshang Bank – not shocking because the bank failed as most Chinese banks are insolvent if left to their own devices due to the real, and far higher levels of […]
Blain’s Morning Porridge – June 19th 2019
Blain’s Morning Porridge – June 19th 2019 “You cannot be serious…” Check out the new Edition of Property Chronicle: https://vimeo.com/342064460 Oh dear.. Now I am worried. The only positive I can discern is its International Martini Day – Dukes, here we come.. It was a massive Wowser WTF moment on stocks! Donald Trump says he’s having a meeting […]
Evidence That The U.S. Economy Could Be Plunging Into A Very Deep Recession Is Rapidly Mounting
Evidence That The U.S. Economy Could Be Plunging Into A Very Deep Recession Is Rapidly Mounting Not since 2008 have we seen so much bad economic data come rolling in all at the same time. Even without a war with Iran, which by the way is looking increasingly likely with each passing day, it definitely […]
Blain’s Morning Porridge – 18th June 2019
Blain’s Morning Porridge – 18th June 2019 “Here’s to all the filthy money and where it went..” Happy Birthday David! Apologies for the lack of commentary y’day.. long, dull boring story involving the Isle of Wight Festival, transport hassles and a whiff of pot on a strike slowed train… So much to think and worry […]
Markets are being Lulled into a False Sense of Accommodation
Markets are being Lulled into a False Sense of Accommodation Those who take an interest in the actions of central banks will know that the advent of Brexit and Donald Trump’s presidency has seen the direction of monetary policy gradually change in both the UK and the U.S. Since the EU referendum, the Bank of England […]
Will A False Flag Iran War Cause A Financial Crisis?
Will A False Flag Iran War Cause A Financial Crisis? Just a couple of weeks ago the financial world’s biggest worry was the plunging price of oil. Supply was up, stockpiles were building and speculation was pointing towards $40 a barrel, a price at which the fracking/shale oil “miracle” would evaporate. A trillion dollars of […]
Doug Casey Debunks Four Myths About Trump, Taxes, and the Economy
Doug Casey Debunks Four Myths About Trump, Taxes, and the Economy International Man: For many years, President Trump has made no apologies for trying to pay the least amount of taxes possible. He’s clearly stated this in many interviews. His desire to minimize his taxes has brought scorn from many in the mainstream media, and politicians […]
Meet “Gekko”: The Robot Bond Trader Being Developed By Quant Funds
Meet “Gekko”: The Robot Bond Trader Being Developed By Quant Funds We pointed out earlier this year that “factor based” quant funds were having difficulty finding strategies to beat the market – especially now that all quant funds are doing the same thing. But now, the computer scientists at Cantab Capital, based out of Cambridge, have taken […]
Goldman: Here’s Why The Fed Is About To Shock The Market
Goldman: Here’s Why The Fed Is About To Shock The Market As discussed earlier, and as both Bank of America and JPM explained, the biggest risk for the market next week is if the Fed not only doesn’t cut – the market assigns a very low probability to such a “pre-emptive” move – but fails to signal an aggressive […]
