By Tim Iacono Given what’s happened in global financial markets over the last few years, it’s kind of amazing that there are still any housing bubbles around anymore, however, with home prices now moving lower in...
Read MoreBy Central Bank News The past week in monetary policy saw interest rate decisions by six central banks around the world, with all banks keeping rates unchanged, citing strains in global financial markets from the euro...
Read MoreBy Matthew Weinschenk of Wall Street Daily After struggling for years, Baltimore, MD’s Sparrows Point steel mill declared Chapter 11 bankruptcy on May 31. As part of the process, it will shut down operations and shed...
Read MoreBy Mike “Mish” Shedlock I remain amused by the Shadow Weekly Leading Index Project which claims a probability of recession at 31%. I think it is much higher.When the NBER, the official arbiter of recessions finally...
Read MoreBy Dave Banister Gold has been busy consolidating in what I believe will be a 13 Fibonacci month Primary wave 4 correction. The Gold bull market I’ve been following since 2001 is a likely 13 year bull cycle that will end...
Read MoreBy Frank Holmes Did you know that at the beginning of the 19th century, China made up the largest share of the world’s GDP? This makes the term “Rising China” a misnomer, as the country has been simply...
Read MoreBy Tyler Durden of ZeroHedge ‘Risks are all to the downside for Asia’ is the view of UBS’ global macro team. It appears the markets are pinning their optimism on growth and earnings over the next year on three...
Read MoreBy Russ Winter “Complexity is not free, and it is all reducible to energy.” – Joseph Tainter This post is not an immediate actionable, but preparation and background for future actionables. Regardless of...
Read MoreBy Chris Vermeulen Gold and silver have taken more of a back seat over the past 12 months because of their lack of performance after topping out in 2011. Since then prices have been trading sideways/lower with declining volume....
Read MoreBy Bruce Krasting Mitt Romney’s Economic advisor, Glenn Hubbard, wrote an OpEd for one of Germany’s leading newspapers ten days ago. I don’t think many Germans read it. Those who did, no doubt saw it for what...
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