Home » Economics (Page 303)
Category Archives: Economics
Sven Henrich: It’s Make Or Break Time For The Markets
Sven Henrich: It’s Make Or Break Time For The Markets Stocks are poised to break big, one way or the other. It’s make or break time in the markets cautions Sven Henrick, technical analyst and lead market strategist for Northman Trader. His weekly flurry of trendline charts warn that the major indexes have been compressing in rising wedges […]
Oil Prices Spike On Shale Slowdown
Oil Prices Spike On Shale Slowdown The collapse of oil prices late last year, along with pressure from shareholders, has led to a slowdown in the U.S. shale industry. The EIA released new monthly data on March 29, which revealed a decline in output of about 90,000 bpd between December and January, evidence that shale drillers slammed […]
Dear Stock Market: You Can’t Have It Both Ways
Dear Stock Market: You Can’t Have It Both Ways Eventually reality will intrude in this pleasant madness. OK, let me see if I have this right: the stock market is soaring because the economy is softening, so the Federal Reserve panicked and went from raising rates to considering cutting rates. It seems markets are now assuming […]
Debt & the Point of No Return
Debt & the Point of No Return QUESTION: Mr. Armstrong; First I want to thank you for coming to Europe this year. It has been some time since your Berlin Conference. My question is simple. How can the ECB tell countries to reduce their debt when as you say nobody ever pays off the debt? Is […]
ECB Inflationists are Crippling Europe
ECB Inflationists are Crippling Europe Last week, the ECB announced the reintroduction of targeted long-term refinancing operations for the third time. TLTRO-III is scheduled to start from next September. The idea is to make yet more money available for the banks at attractive rates on condition they increase their lending to non-financial entities. The policy […]
The One True Thing
wikimedia The One True Thing Until you understand it, it will rule your life. Until you see clearly how the rules of society work, you will be trapped within a system of control. What you mistake for reality is instead a fabricated simulation, designed to keep you trapped right where the system wants you. Your […]
Being and Time (And Central Banks)
BEING AND TIME (AND CENTRAL BANKS) People value present goods more highly than future goods. For instance, an apple available today is considered more valuable than the same apple available in, say, one month. This is expressive of time preference — which is an undeniable fact, a category of human action. The sentence “Humans act” is a […]
Torches and Pitchforks
Torches and Pitchforks The front page of our local paper struck a chord: The subject of wealth inequality has been on my mind ever since I started writing Slope fourteen years ago. I’ve written countless posts on it, and even dedicated a SocialTrade page to it, but a quick summary of my disposition could be boiled down to a […]
The Perfect Financial Storm
The Perfect Financial Storm COMMENT: Martin, Have read the two blogs on the Emerging Markets. Hit like a cold bucket of ice water. Knew something was coming from all your writings and the EMC, but Wow. Right in front of us. Here is an observation, a thought:Emerging Markets could turn out to be the Sub-Prime of […]
Why Russia Is Dumping Dollars And Buying Gold At The Fastest Pace In Decades
Why Russia Is Dumping Dollars And Buying Gold At The Fastest Pace In Decades Nine months ago, as US Treasury yields were drifting lower from a seven-year high reached in May of last year, we pointed out a curious development in the market for US sovereign debt that to our complete lack of surprise had […]
De-Dollarization Accelerates: Central Banks Dump Dollar In Q4, Buy Yuan
De-Dollarization Accelerates: Central Banks Dump Dollar In Q4, Buy Yuan The dollar’s share of global central-bank reserves slumped to the lowest level since 2013 while holdings of the Chinese yuan rose for the fifth quarter in the past six, IMF data showed Friday. The U.S. currency accounted for 61.7% of global allocated foreign-exchange reserves in […]
Can the EU Survive the Next Financial Crisis?
Can the EU Survive the Next Financial Crisis? Despite the ECB’s subsidy of the Eurozone’s banking system, it remains in a sleepwalking state similar to the non-financial, non-crony-capitalist zombified economy. Gone are the heady days of investment banking. There is now a legacy of derivatives and regulators’ fines. Technology has made the over-extended branch network, […]
Is Turkey “City Zero” in Global Contagion
Is Turkey “City Zero” in Global Contagion Last year Turkey’s lira crisis quickly morphed into a Euro-zone crisis as Italian bond yields blew higher and the euro quickly reversed off a major Q1 high near $1.25. It nearly sparked a global emerging market meltdown and subsequent melt-up in the dollar. This week President Erdogan of […]
How Citizens Can Stop the Big Five’s Disastrous Fossil Fuel Funding
How Citizens Can Stop the Big Five’s Disastrous Fossil Fuel Funding Canada’s major banks have financed $464 billion worth of fossil fuel projects since 2016. My first bank account was with RBC, back when they were still into being called “Royal.” I didn’t so much as choose them as just follow my parents, like you […]
