Central Banks: When We Succeed, We Fail
Article By:
Charles Hugh Smith
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Monday, November 24, 2014 8:39 AM EDT
Goosing stocks ever higher will eventually push wealth inequality to the point that it unleashes social instability.
Germany Surprises, Helps Euro Tick Up
Article By:
Marc Chandler
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Monday, November 24, 2014 7:12 AM EDT
The German flash PMI was disappointing, but the ZEW survey was considerable better. The German IFO followed the ZEW lead, not the PMI. The IFO improved for the first time since April.
China SGE Gold Withdrawals For Week 52 Tonnes
Article By:
Jesses-Cafe-Americain
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Monday, November 24, 2014 6:52 AM EDT
The Shanghai Gold Exchange withdrawals were 52.26 tonnes for the week ending 14 November.
Maybe US Isn't Turning Japanese...
Article By:
Alex Filonov
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Monday, November 24, 2014 6:32 AM EDT
Problem in Japan: link between QE and consumer debt doesn't exist. Money from Central Bank is going to banks, which repair their balance sheets, but in no hurry to lend to consumers.
Most Of The World Panics — Is The US Next?
Article By:
John Rubino
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Monday, November 24, 2014 5:01 AM EDT
There’s a decent chance that a year from now we’ll be faced with a world in which debt monetization has failed in three of the four major economies and a strong currency has sucker-punched the last one standing.
Alibaba Faces “Its Most Dangerous Moment”
Article By:
Daily Forex
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Monday, November 24, 2014 4:46 AM EDT
Alibaba became one of the most valuable tech companies in the world after raising $25 billion from its U.S. IPO on September 18th, 2014, the largest global IPO in history.
In this article: BABA
More On Germany And Nuclear
Article By:
Ferdinand E. Banks
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Monday, November 24, 2014 4:21 AM EDT
The dilemma where I am concerned has to do with the preposterous notion that wind and solar based energy can completely replace nuclear, where by “replace” I mean supply the electricity necessary to maintain the present or an improved standard of living.
Output Gap Idiocy; Shaky Accounting EU And US Style
Article By:
Mish Shedlock
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Monday, November 24, 2014 12:23 AM EDT
Italy accuses Brussels of "shaky" accounting practices, because, apparently Brussels' practices aren't shaky enough. Huh?
Politics Is Economics In The Week Ahead
Article By:
Marc Chandler
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Sunday, November 23, 2014 4:20 PM EDT
Many people assume that politics and economics are separate spheres. It was Harold Laswell, regarded as the father of modern political science, that famously defined politics as who gets what, when and how. Isn't that the role of the price mechanism and the market economy?
Fear Of "Surge In Debt Defaults, Business Failures And Job Losses" Means Many More Chinese Rate Cuts
Article By:
Tyler Durden
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Sunday, November 23, 2014 11:41 AM EDT
If admitting you have a problem is the first step toward recovery, then China is making progress. The question is progress to what, because the generic answer, "another debt-fueled boom" is no longer applicable.
Oil Price Slide – No Good Way Out
Article By:
Global Economic Intersection
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Sunday, November 23, 2014 5:26 AM EDT
Oil sellers continue producing regardless of how low oil prices go unless they are stopped by bankruptcy, revolution, or something else. Producers of oil from U.S. shale are in this category, as are most oil exporters, including many of the OPEC countries and Russia.
The State Of The World FOREX
Article By:
Martin Armstrong
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Saturday, November 22, 2014 8:14 PM EDT
While recession has returned to Japan and interest rates have dropped to negative, in Europe the ECM has effectively announced it will expand its balance sheet again by a trillion Euro. China has lowered rates showing this view of lowering rates is believed to stimulate the economy still prevails.
In this article: INDU
Everyone Wants Dollars (Again)
Article By:
Marc Chandler
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Saturday, November 22, 2014 1:03 PM EDT
The yen has been the weakest of the majors this month, losing about 4.7% against the dollar. The swing in interest rate expectations for the BOE has seen sterling slip 2.0%, more than twice the euro's 0.9% decline, thus far, in November. The S&P might be giving indication of an exhaustion gap.
Oil And Currency Markets Reflect Expectations For Lower Global Economic Growth
Article By:
Global Economic Intersection
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Saturday, November 22, 2014 11:39 AM EDT
Although the U.S. economy showed robust growth in the third quarter of 2014, recording an estimated 3.5% growth rate, economic data from Europe and China have led to expectations of potentially weaker demand for crude oil.
Easy Money, Slower Growth: The Growing Disconnect Between Stock Markets And Economies
Article By:
Charlie Bilello
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Friday, November 21, 2014 6:40 PM EDT
Promises of additional monetary easing measures seem to arrive on a weekly basis, providing a boost to share prices globally as investors are encouraged to take on more risk. At the same time, we’re seeing increasing signs of a global slowdown.