All eyes turn to the debate as Trump opens up a 2-point lead in the latest Bloomberg poll and the New York Times launches an all out attack on Trump describing him as a "man who dwells in bigotry, bluster and false promises"...sounds like panic.
After Wednesday’s policy statements by the Fed and Bank of Japan, a harsh light is being shined on the incredible nature of their communications. It would be wise in the current environment to structure investment portfolios with a pro-volatility bias.
A new study, highlighted by the Albany Times Union, indicates that taxpayers are fleeing New York and California though we're sure it has nothing to do with oppressively high costs of living and/or burdensome tax rates in those states.
With Trump suddenly surging in the polls, the Democrats are panicking as Hillary's lead in the RealClearPolitics average has shrunk to just 1 points. However, as the latest set of polls shows, the Donald is not the only thing Hillary's campaign has to worry about: a new threat has emerged. Or rather two.
What do you do when the economy isn't growing the way you want it to but you need to win an election in the very near future? Well, one option is to have the Census Bureau change its data collection methodology to goal seek the desired income growth.
On the current path, the world is experiencing the largest artificial asset allocation in modern history, one that is driven by a misguided interest rate regime that has lost its efficacy and is producing more harm than good. Yet the fear of withdrawal pain is keeping central bankers from doing the inevitable: Quit. The response is predictable: "I need the drugs!"
"The time for treating the EUR-peg as a taboo may soon be past us, and an open discussion become the dominant narrative, in pursuit of a long-term durable solution to economic stagnation, in an attempt to save the European Union, so to orderly drive the process as opposed to end up being overwhelmed by the trending course of events."
Global economies have enjoyed a perfect storm of positive demographic trends over the past 3 decades. Deutsche warns that "extrapolation of the last 35 years could be the most dangerous mistake made by investors."