Commentary

Perfect Storm!

January 7, 2016 0

by John Rubino on January 7, 2016 One of the (many) fascinating things about this latest global financial crisis is that there’s no single catalyst. Unlike 2008 when the carnage could be traced back to […]

Wealth Abuse

The Fed Just Whacked Corporate Earnings

October 30, 2015 0

by John Rubino The markets seemed to like what the Fed had to say yesterday, including the part about definitely, for sure, no kidding around this time raising interest rates in December. Especially elated were […]

Financial

The Week Begins On A Scary Note

September 28, 2015 0

by John Rubino on September 28, 2015 The US markets awoke to news of several big, disturbing overseas events: Glencore implodes. Think of Swiss commodities giant Glencore as a modern version of Enron, in the […]

Financial

The Only Thing Growing Is Debt

July 16, 2015 0

by John Rubino (Reuters) – Weak U.S. retail sales hint at slower economic growth Retail sales last month were broadly weak, with receipts at auto dealerships falling 1.1 percent after rising 1.8 percent in May. […]

Wealth Abuse

On Monday, It’s China Versus Greece

June 29, 2015 0

by John Rubino Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided […]

Financial

Interest Rates Spiking Everywhere

May 20, 2015 0

by John Rubino Just as ultra-low interest rates start to seem normal, the markets decide otherwise. US 10-year Treasury bonds yielded about 1.9% in April and are now above 2.20%: And the trend reversal isn’t […]

Media

Mediocre Is The New Perfect

May 8, 2015 0

by John Rubino Three things happened this morning: The Labor Department reported a big jump employment; the financial markets responded like kids on Christmas morning; and — with a few hours lag — level-headed analysts […]

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