Bank earnings are falling and have been since last year. But hold that thought…
Each party will continue to extract whatever benefits they can from the other, but the leaving is already well underway.Beneath the euphoric hoopla of a trade deal with China is the cold reality that the divorce has already happened and any trade deal …
From Porto, Portugal, I want to wish Happy Thanksgiving to all my friends back home in the USA. I am thankful to be here in…
What everyone wants to know is, what does this downshift really mean? Did the US economy simply revert to its (already too low) mean potential after a minor reflation high last year? Or is it transiting from reflation into a weaker possibly more dangerous state beyond the simply lackluster?
If you thought the Western media was liberal with the word “strong” (经济强劲, I believe) you haven’t read a China National Bureau of Statistics press release.
The servitude of society to a globalized economy is generating extremes of insecurity, powerlessness and inequality.Does our economy serve our society, or does our society serve our economy, and by extension, those few who extract most of the economic …
If you pay close enough attention you can actually see how they are just making things up as they go.
The 13 week cycle should be bottoming here. But it will mean big trouble if it doesn’t. Subscribers, click here to download report. Try Lee…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.