One Bank’s “Ominous” Warning: “The Buying Of Risk Assets Has Ground To A Halt”

Traders, analysts and strategists have been stumped by a market paradox in recent weeks: despite earnings that have been off the charts, rising 24%...

“Money Is Gold… And Nothing Else”

Authored by James Rickards via The Daily Reckoning, Following the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on...

Peter Schiff Rants Bernie’s Guaranteed Jobs Program Is “Utter Nonsense”

Authored by Peter Schiff via SchiffGold.com, Bernie Sanders wants everybody to have a job with health benefits paying $15 per hour. Most people would like...

Trump Delays Steel Tariff Decision Until June 1st, Exempts South Korea

As was largely expected ahead of Tuesday's 1201am deadline, The Wall Street Journal reports that President Trump has decided to postpone decisions about imposing steel and aluminum tariffs...

A New Type Of Poverty Is Crushing The Middle Class

As if the current global monetary system didn’t put the middle-class at a structural disadvantage versus the wealthy, by taxing them disproportionately with inflation, encouraging...

UBS: “The Petroyuan Will Undermine America’s Dominant Role And Create A Sea Change In...

From Hayden Briscoe, head of Fixed Income, Asia Pacific at UBS RMB-denominated oil contracts began trading for the first time in Shanghai on March 26. We believe that in the...

One Year Later: Illinois On The Verge Of Downgrade To Junk; Its Residents $5...

Submitted by Ted Dabrowki and John Klingner of Wirepoints Illinois’ brutal political campaigns may have distracted attention from the reality of the state’s crumbling finances, but an upcoming...

“We Won’t Talk With A Gun Pointed To Our Head”: Europe Braces For Trade...

With just days left until the May 1 deadline when a temporary trade waiver expires and the US steel and aluminum tariffs kick in,...

David Stockman: Jumping The Great White Shark Of Bubble Finance

Authored by David Stockman via Contra Corner blog, Wall Street has now truly jumped the shark - the one jockeyed by Jeff Bezos. Last night Amazon reported a whopping 41% plunge in...

The Blowback Against Facebook, Google And Amazon Is Just Beginning

Authored by Charles Hugh Smith via OfTwoMinds blog Blow-out earnings from Facebook and Amazon have cheered Wall Street, but institutional owners might want to focus...

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