Impeccable timing: on Halloween, which is increasingly popular with adults in Japan.
For individual Americans, economic “growth” has meant the opposite.
China has overinvested in everything and built entire ghost cities. India has underinvested in everything.
“Punishment Interest” it’s lovingly called in Germany, as the ECB intends to flog savers until their mood improves.
On the day when QE ended: Taxpayer were put on hook for a direct subsidy to banks.
The essential ingredient in a thriving housing market is skidding inexorably in America.
There are many losers when a currency gets smashed.
Housing Bubble 2 pops in its full glory, mess ensues.
A new report kicks the glorious fracking production numbers into disarray.
Just when you thought we’ve reached the peak of craziness, it gets even crazier.
The Swiss get to go to the polls and tell their central bank what to do about gold. A yes-vote will send shock waves through the gold market and other central banks.
The new Eurocratic elite is worried. Deep cracks are spreading.
It’s not just the low price of oil that’s causing trouble. Coal companies too are being ravaged by low prices.
And it’s one ugly dude.
Instead of a global recovery, a sudden, broad slowdown – with a plunge in China.
Maybe that’s how it ends: credit markets shut down, no more bonds, no more buybacks.
It all boils down to consumers in an economy that is so dependent on them.
By YaleGlobal: As Wall Street pushes big energy companies into financial engineering, energy dominance shifts to emerging markets.
The policy of the Spanish government has been to threaten Catalonia and sow seeds of discord in its fragile coalition government. Now it’s reaping the spoils.
Why the heck did Daimler just now turn its supposedly strategic investment, and one of the hottest stocks, into cash? What does it know that we don’t?
Saudi Aramco tries to stare down US shale operators. Who blinks first?
The threat hangs over the EU. Eurocrats claim no one would be without natural gas. But a leaked report from the German government explains what fiasco it would be.
Why Italy is in trouble.
An epidemic of store closings, restructurings, bankruptcies… as the American consumer runs out of options.
The amount of coal on hand is at the lowest level in years, and so are inventories of natural gas. What gives?
Despite Russia’s still high foreign exchange reserves and still strong balance sheet.
Smarting from some defeats elsewhere, they’re branching out.
The designated losers of monetary policy. There are a lot of them.
Never before in the long, comic history of mankind and its money have central bankers taken such a keen interest in asset prices. Now they create money, out of nowhere, for the express purpose of pushing them up.
Silicon Valley Hype-Machine gets dented.