Chriss Street

Food Price Inflation Scares The Fed

Stock markets around the world fell today, led by the 246 point dive, or 1.5%, for the U.S. Dow Jones Industrial Average and the 1.9% drop for German stock market index. Analysts generally pointed to worries about a shrinking Chinese lending and the potential trade war between Russia and the West, but I am more […]

North Korea’s Dear Leader Sails Into the Mediterranean

A North Korean-flagged oil tanker appears to have loaded oil at the Libyan rebel held Es Sider oil terminal southwest of Benghazi and escaped Libyan Navy pursuit.  Libya’s Parliament voted earlier in the day to remove  Prime Minister Ali Zeidan from office for failure to stop rebels holding the eastern coast of Libya from exporting […]

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U.S. Banks Investigated For Pay-To-Play In China – Chriss Street

A joint investigation by the U.S. Department of Justice, Hong Kong Department of Justice and the UK Ministry of Justice into accusations that American investment banks hired the children of powerful Asian officials to secure lucrative securities business, may have just ensnared JPMorgan Chase CEO Jamie Dimon.  According to confidential emails recently turned over to […]

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