Bad News For China: Bernanke Says It’s Okay
Former Federal Reserve Chairman Ben Bernanke said that China’s economic slowdown should not worry markets as there was no risk of a hard landing, and...
Category : Editor’s Picks
CNBC’s Santelli and Mish Discuss Municipal Bonds; Egan-Jones on Chicago; S&P Blames Moody’s; Message to Bondholders
That the Fed and other central banks have unleashed the speculative furies is an unassailable and baleful reality. Yet yesterday morning’s instant 40-point Dow drop...
Greece to Face “Take it or Leave it Offer” Just Like Cyprus
In March of 2013 the Troika gave Cyprus a "take it or leave it offer" that destroyed many savers who were foolish enough to keep...
Draghi Warns ECB Economic Policies May Lead to Financial Instability and Worsen Income Inequality
Mario Draghi has warned central banks to beware of the risk that aggressive monetary easing, including mass bond buying, could lead to financial instability and...
Calpers Wins Pension Lawsuit, Not Good News for Chicago (or Bondholders in General)
In bankruptcy, the federal courts have ruled that cities can reduce pension obligations. They can, but they don't have to. In Detroit, bondholders were sacrificed...
Silver Bullion Buying Outstripping Supply As JPMorgan ( $JPM) Buys
Silver bullion remains one of the most undervalued commodities and store of value assets in the world today and therefore one of the greatest opportunities....
The biggest risk to US growth: further dollar rally
The biggest risk to US economic growth remains the possibility of an extended US dollar rally. The Fed rate hike expectations have been pushed out...
China’s falling interest rates
Expectations are building up that China's central bank will soon announce more easing actions. But it's not what the PBoC is saying that matters to...
Costco vs. Walmart and Reader Responses Over Minimum Wage
The answer is Costco has a different model. It charges higher prices and its stores are generally in more upscale areas. Walmart employs about 2.1...
The Epic Battle Between Bulls and Bears Over Gold
The bulls and bears continue to do battle in the gold (GLD, quote) market but neither side seems to be winning. Albeit the bears have...