Market Crash

80% Of Central Banks Plan To Buy More Stocks

Invesco recently released a report on central-bank investment polling 18 reserve managers around the globe. It found that 80% planned to buy more stocks in the future.

Trump Could Go Down As The Worst President... (But It Will Not Be His Fault)

History books remember Herbert Hoover as one of the worst American presidents. Hoover inherited a stock market bubble near its peak - fueled by the Fed’s easy money policies. Trump has, too. And he knows it. Trump is the perfect scapegoat. If new shantytowns sprout up, they won’t be Hoovervilles - they’ll be “Trump Towers.” All this is why what happens after Trump’s inauguration could change everything... in sudden, unexpected ways.

The Dallas Pension Fiasco Is Just The Beginning

The recent blow-up of the Dallas Police and Fire Pension System was entirely predictable. The combination of overpriced financial markets, inadequate contributions and overly generous pension promises mean dozens of US local and state government pension plans will end up in the same situation.

"China's Next Time Bomb" - A Look Inside The Insane World Of China's Bitcoin Traders

Ding Wen, 34, had built up a personal fortune of more than two million yuan after years of hard work at an internet company in Nanjing. But he saw most of that wealth go up in smoke on January 5, when China’s bitcoin market crashed, sending the price of the virtual currency plunging 40% in just a few hours after lunch. Welcome to the insane world of China's bitcoin traders.

Senate Democrats Prepare For Their 2017 Theatrical Debut As Confirmation Hearings Loom

Starting Tuesday Americans will be subjected to what will feel like endless hours of torture as Senate Democrats get their opportunity to question Trump cabinet appointees.  Given that Republicans control a 52-48 majority in the Senate and that Democrats eliminated the 60-vote threshold in 2013, the Democrat theatrical displays will ultimately amount to nothing more than an attempt to discredit and shame Trump's appointees but should be fun nonetheless.