Events were breaking yesterday, but as Bloomberg's Richard Breslow mocks, *not nearly as quickly as the narrative that tried valiantly to explain the price action*.
After the fact. We all know what.. Zero Hedge
By Marcy Nicholson and Zandi Shabalala | NEW YORK/LONDON NEW YORK/LONDON Gold hovered near 10-month lows on Tuesday as the market braced for an increase in U.S. interest rates this month and.. Firstpost
Dec.06 -- Neil Dutta, head of U.S. economics at Renaissance Macro Research, discusses interest rate policy, market uncertainty and unemployment. He speaks on "Bloomberg Markets: European Close.” Source: Bloomberg Global Business -
Many Argentines are crossing into Chile to take advantage of a long weekend to shop for electronic devices, utensils and clothing at Chilean malls, since prices in Argentina can be two or three times.. Source: AFP Business news -
Some good news for the eurozone: Retail sales grew in October at their strongest pace in two years, as consumers stocked up on non-food products such as clothing and electrical goods.
Retail sales.. Source: euronews (in English) -
The cash crunch is taking a bite off Indian growth. Goldman Sachs took another axe to its growth forecasts for India on Tuesday, as the tremors from the government’s shocking move to ban high-value.. S.China Morning Post
*The consensus around 2017 being the year of the dollar has clear vulnerabilities,* according to Bloomberg's Mark Cudmore, who notes that there’s a strong self-correcting impulse to dollar.. Zero Hedge
Submitted by Jeffrey Snider via Alhambra Investment Partners,
*Last summer was perhaps the most pivotal period of the past two years for the economy in a number of ways. *It was that moment stuck in.. Zero Hedge
The US trade deficit recorded its biggest increase in more than 1-1/2 years in October as exports of soybeans and other products fell, suggesting trade would be a drag on growth in the fourth quarter... S.China Morning Post
Some perspectives on the fascinating economic experiment that is China from Eric Peters, CIO of One Asset Management, as told in his traditional third-person style.
*Anecdote: *“We’ve become.. Zero Hedge
The Federal Reserve used extraordinary monetary policy measures to pull the US economy out of the Great Recession.
As the Fed continues to return to normal, fiscal policy is set to step up in a big.. Business Insider
Greece just received some short-term relief from the eurozone.
In exchange for successfully implementing tough economic reforms and budget constraints, the country will be given some short-term.. Business Insider
David Kostin, the chief US equity strategist at Goldman Sachs, thinks there is good news coming in 2017, but investors shouldn't be complacent.
Kostin and his team project that the S&P 500 will rise.. Business Insider
By Suvashree Choudhury and Sujata Rao | MUMBAI/LONDON MUMBAI/LONDON The Reserve Bank of India is widely expected to cut interest rates on Wednesday as the economy reels from an unexpected clampdown on.. Firstpost
NEW YORK--(BUSINESS WIRE)--Since Donald Trump’s victory, stock prices have soared on a favorable reaction to the president-elect’s pro-business policy agenda, while bond prices have plummeted on.. Business Wire
*8^th December 2016*
*ECB Preview: Rate Decision due at 1245GMT/0645CST and Press Conference at 1330GMT/0730CST*
· *All rates expected unchanged. Rates are currently: Refinancing 0.00%, Deposit.. Zero Hedge
By Chris at www.CapitalistExploits.at
I recorded a conversation I had last week with my friend Brent Johnson who is the CIO at Santiago capital, a fund dedicated to investing in gold and gold.. Zero Hedge
Submitted by Michael Shedlock via MishTalk.com,
*The Dallas Police and Fire Pension plan is severely underfunded.* Not even a $1.1 billion taxpayer bailout the plan officials request will make the.. Zero Hedge
LOS ANGELES--(BUSINESS WIRE)--A forecast issued today by the Hay Group division of Korn Ferry (NYSE: KFY) reveals that, adjusted for inflation, workers around the world are expected to see real wage.. Business Wire
*Banks are flush with money, thanks to the demonetisation exercise announced by Prime Minister Narendra Modi. But how much of it is likely to benefit the common man in terms of lending rate cuts by the.. Deccan Herald
European and Asian markets rose, while U.S. index futures were little changed, with the Dow Jones Industrial Average pushing for yet another record, as traders digested the Italian referendum news,.. Zero Hedge