It's going from bad to worse for globalists following the Gary Cohn resignation, as Bloomberg just reported that the Trump administration is considering a major clamp down on Chinese investments in the U.S. by slapping tariffs on a broad range of its imports in response to alleged intellectual-property theft.
Trump has told advisers that "he believes economic adviser Gary Cohn will leave his White House job" if Trump decides to go forward with tariffs on imported steel and aluminum.
Following through with threats of retaliation made earlier in the week, the European Union on Tuesday is reportedly preparing punitive tariffs on iconic US brands...
As the Fed's chief regulator said Monday the nation’s regulators are actively considering a significant rewrite of the "Volcker Rule", one which would see prop trading make a triumphal return on Wall Street.
Curious What Happens Next in Italy after this weekend's elections which resulted in a surge for anti-establishment parties, doomed Matteo Renzi after a disastrous showing by the PD, and resulted in a hung parliament? Here's the answer
It's a busy week with everything from politics (what's next for Italy), central banks (the ECB and BOJ), China's NPC, and US payrolls, where all eyes will be on the average hourly wages print, the catalyst that started the latest period of market volatility one month ago.
Jeff Bezos is set to conquer yet another industry: Amazon is currently in talks with several of the country's largest banks to launch a checking-account-like product, the WSJ reports.
What started off as a sea of red, with S&P futures tumbling as much as -25 points ahead of the European open, has managed to rebound notable and stabilize, with most Asian and European markets now green.
Italy’s anti-establishment groups Five Star Movement and the Northern League surged in Sunday’s election as voters punished the mainstream parties for years of economic decline, rising taxes and a wave of immigration, casting doubt over the country’s future political direction.
In the latest Goldnomics latest podcast, we consider whether the gold price will reach $10,000 per ounce in the coming years and what factors will drive prices.
"The decision obviously is [Trump's], but as of the moment as far as I know he's talking about a fairly broad brush. I have not heard him describe particular exemptions just yet."
Available size at the top of the book in the US equity futures market - i.e. how many futures can trade without impacting price - has deteriorated sharply and has remained depressed since Feb 5th. Here's why.