"...the danger of using virtual currencies to influence the U.S. electoral process is acuter now considering that there are state actors who are hostile to the United States that are turning to cryptocurrencies as a way of bypassing the financial system of the West"
Tougher Federal Reserve stress tests forced six U.S. banks to scale back proposals for doling out more cash to shareholders... and failed Deutsche Bank...
Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina... But that might be premature...
US equity futures are trying to stage a tentative comeback, but Europe remains stuck as China keeps dragging sentiment ever lower into its recent - and growing - bear market.
Since 2001, cities across the US have endured a property boom that has minted hundreds of millionaires who simply bought a home in a hot emerging neighborhood at the right time, then sat on it...
"We think China is currently very likely to see a financial panic. Preventing its occurrence and spread should be the top priority for our financial and macroeconomic regulators over the next few years.”
"It is Washington’s hegemony over Japan, Europe, and the UK that protects the American Ponzi scheme. The moment one of these central banks ceases to support the dollar, the others would follow, and the Ponzi scheme would unravel."
Trade fears have returned with a twist, as global market weakness has spread to European banks while safe havens including the yen and sovereign bonds are broadly higher amid a broad risk-off sentiment.
On Wednesday, Deutsche Bank came under heavy selling pressure, tumbling 5% shortly after the start of trading, and dropping to a new all time low of €8.76, and dragging the European banking sector lower.
Many Swedes were horrified in early 2017 when U.S. President Donald Trump linked immigration to rising crime in Sweden, but an increasing number now agree with him.