Thanks to U.S. Federal Reserve policies that are holding market rates down near zero, you’re barely getting one one-hundredth of a percentage point on your cash deposits.
It’s bad enough that you’re getting practically no yield on your savings.
As the European Union debates yet a third bailout for Greece, revelations about secret plans by some Eurozone members tell an even more intriguing story. During the depths of the European sovereign crisis, when Greece was inches from exiting the zone, others chose to not sit idly by. Instead, two member nations were surreptitiously preparing […]
In a highly publicized meeting last month, OPEC announced it would maintain high production levels in an attempt to disrupt U.S. shale oil producers.
But the OPEC oil price war simply won’t work says Money Morning’s Global Energy Strategist Dr. Ke…
I’ve talked about the dangers posed by the scary move the U.S. Treasury bond market made back on Oct. 15.
And my cautionary tale was totally justified.
Bad behavior on the part of the big investment banks is almost a cliché by now, but some Wall Street lies can harm individual investors more than others.
This came to light again last week when the Financial Industry Regulatory Authority (FINRA) slapped a $15 million fine on Citigroup Inc. (NYSE: C) for giving privileged clients a much different opinion of certain stocks than the bank was publishing in its reports.
Oil prices are falling for reasons that should be surprising to nobody: supply has been rising and demand has been falling. If prolonged, which it is likely to be, the drop in oil prices is going to be destabilizing geopolitically and damaging economically.