Asia, S&P Futures Rally, Europe Falters With US, China On Holiday

With the US on holiday for President’s Day and many Asia markets still closed for Lunar New Year holidays, it has been a quiet start to the week, even as last week's dollar turbulence has resumed, while S&P futures are doing their best to levitate without anyone manning the controls.

  • Feb 19, 2018 6:44 AM
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Here's Why Banks Hate Cryptocurrencies

Banks like to pretend that they're so much more established and secure than the world of cryptocurrencies, but as anybody who pays close attention to the headlines would know... that's just not the case...

  • Feb 19, 2018 2:45 AM
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China Threatens To Retaliate If US Imposes Metal Tariffs

"The spectrum of national security is very broad and without a clear definition it could easily be abused. If the final decision from the US hurts China’s interests, we will certainly take necessary measures to protect our legitimate rights."

  • Feb 18, 2018 9:03 PM
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A Key Inflation Indicator To Watch, Part 1

"... it’s important to remember that the money–GDP correlation is merely a byproduct of a lending–GDP correlation. Bank lending, not money, is the driving force... economists built a discipline (mainstream macro) on a false premise so significant it can’t be corrected without starting over..."

  • Feb 18, 2018 7:35 PM
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Charleston Chopper Crash Blamed On Private Drone

Officials at the FAA are investigating a serious helicopter crash near the southern tip of Daniel Island, South Carolina, in what could be the first-ever drone-related crash of an aircraft in the United States...

  • Feb 18, 2018 5:55 PM
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