Hedge fund managers could destroy the housing market all over again. How do we know?
We’ve got every step of their secret plan laid out: which houses they’re going to invest in, how they’ll get their leverage, the list goes on.
High-risk junk bonds finance large portions of the energy markets. According to the latest estimates, energy-related issuances now account for almost 15% of the total $1.4 trillion junk-bond market.
Karl Marx famously wrote that history tends to repeat itself -the first time as tragedy, the second as farce. The European economic situation can certainly be described as a Greek tragedy that has once again lapsed into farce.
The Federal Open Market Committee (FOMC) minutes today did little to quell confusion over when the U.S. Federal Reserve will raise interest rates.
Financial News Today: The Greek debt talks that have been playing out over the past week have pitted Germany against Greece.
We might as well call this the “Jonestown Market” because the cult leader Jim Jones could just as easily be handing out paper cups filled with colored water and investors would be swilling it down…
Even as the current price of oil per barrel is rising, Wall Street firms keep releasing bearish outlooks.
The government’s official unemployment rate is “a Big Lie,” according to Jim Clifton, the CEO of 80-year old analytics firm Gallup. In a Feb. 3 op-ed, Clifton slammed the White House, Wall Street, and the media for celebrating about how unemployment…