"So if you’re planning on being retired at any point past 2034, the government is LITERALLY TELLING YOU that they won’t be able to pay the retirement benefit that’s been promised to you."
"We have the duty to protect European companies. We now need to act and this is why we are launching the process of to activate the ‘blocking statute’ from 1996. We will do that tomorrow morning at 1030." - Juncker
Just when you thought there was no possible way Warren Buffett's favorite criminal organization would be caught again engaging in some even more bizarre criminal activity, Wells Fargo does it again...
"It’s clear the VIX shock back in Feb has calmed much of the froth, and our chartists agree that while we may see a continued range pattern for a while, it's as likely the next big move will be higher. "
With Walmart unofficially set to close Q1 earnings season, all attention will remain glued on the interplay of the rates-dollar-oil trio, and judging by the somber overnight market action, traders are not too excited with the ongoing meltup in all three.
A new study recommends that aside from The Bank of England's current mandates, it should offload all fossil fuel assets and use its existing powers (to print money) more effectively to promote a low-carbon economy with a so-called "Green QE."
Macroprudential tightening policies in China currently will render economic growth in 2Q18, but more importantly 2H18, dismal; we believe this will spread to emerging markets, rendering the “global coordinated growth” bulls out of sync with reality
Northern League Deputy Claudio Borghi confirmed in a tweet that negotiations have produced an agreement that must now be approved by party leaders Matteo Salvini, who represents the Northern League, and Luigi di Maio...
BOE Deputy Governor Ben Broadbent has apologized for the latest central bank fiasco, this time during an interview with the Telegraph, when he describing the U.K. economy as "menopausal."