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Ken Fisher Redemptions Blow Past $2.7 Billion As Los Angeles, Goldman Pull Out

"Fisher’s words reach millions and only do damage. Other pension funds are going to come to the same conclusion and we shouldn’t be the last ones to turn the lights off."

  • Oct 25, 2019 10:59 AM
Profile picture for user Steve H. Hanke

Hanke’s Inflation Weekly: Zimbabwe's Annual Inflation Rate Skyrockets Passed 750%/yr, Again

by Steve H. Hanke - Oct 25, 2019 10:21 am

Zimbabwe’s inflation has surged yet again. Today, Zimbabwe's annual inflation rate has blasted through the 700%/yr barrier to the sky-high rate of 754%/yr, the second highest annual inflation rate in the world.

  • Oct 25, 2019 10:21 AM
  • Steve H. Hanke's blog

UMich Sentiment Disappoints As Democrats Outlook Hits Lows

...the divide between Democrats and Republicans remains wide with those on the left the most unhappy since Trump was elected...

  • Oct 25, 2019 10:08 AM

Stanford Prof: Crypto Will Rain On Banks' Low-Interest Rate Parade

“The future is coming, and it’s not good.”

  • Oct 25, 2019 9:01 AM
Profile picture for user toulour

Ken Fisher Redemptions Blow Past $2.7 Billion As Los Angeles, Goldman Pull Out

by toulour - Oct 25, 2019 8:48 am

It is becoming a full on, four alarm redemption stampede at Ken Fisher's firm...

  • Oct 25, 2019 8:48 AM
  • toulour's blog

After Amazon Bust, Bezos Dethroned As World's Richest Man

Bezos wealth is below that of Bill Gates for the first time since Oct 2017...

  • Oct 25, 2019 8:40 AM

Central Bank Hints At A "Big Reset" And Reveals A Possible Solution

It’s not every day you hear a major financial institution hint at the possibility of the entire economic system collapsing...

  • Oct 25, 2019 8:27 AM
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Santander's Subprime Auto Loans Defaulting At Fastest Rate Since 2008 As Underwriting Standards Deteriorate

by toulour - Oct 25, 2019 8:11 am

..."more consumers than usual" are now defaulting within the first few months of borrowing.

  • Oct 25, 2019 8:11 AM
  • toulour's blog

Futures Tread Water After "Super Thursday's" Amazon Collapse As Traders Hunt For Clues What's Next

One day after "Super Thursday's" barrage of central bank announcements and avalanche of corporate reports on the busiest day of Q3 earnings season, US equity futures and world stocks edged higher in a muted session.

  • Oct 25, 2019 7:47 AM
Profile picture for user GoldCore

“Gold Is God’s Money” – ‘Rich Dad’ on Bloomberg TV

by GoldCore - Oct 25, 2019 6:03 am

“Gold will always be here ...  so that is why my foundation is gold"

  • Oct 25, 2019 6:03 AM
  • GoldCore's blog

'Millennial Millionaires' Banking On $68 Trillion "Great Wealth Transfer" From Parents 

"...many of them stand to inherit even more wealth from their baby boomer parents, who are considered the wealthiest generation in history."

 

  • Oct 24, 2019 10:55 PM

NYC Housing Bubble Implodes: Tribeca Home Prices Plunge 28% As New Taxes Bite

De Blasio's mansion tax is having an even worse impact than we had feared...

  • Oct 24, 2019 10:15 PM

Corporations Use "Money USA 20/20" Event To Expand Facial Recognition Worldwide

Why are members of America’s mass-media involved with an event that seems focused on creating a global digital banking system and spreading biometrics across the globe?

  • Oct 24, 2019 9:15 PM

Don't Blame The Global Slowdown On Trump's Trade War

Stop blaming the trade war! 

  • Oct 24, 2019 8:35 PM

Precious Metals & The Market's "Dangerous Game Of Chicken With Economic Reality"

...investors are riding a Vespa scooter flat out in the middle of the highway, facing the oncoming juggernaut of economic reality from the opposite direction...

  • Oct 24, 2019 7:15 PM

Banks Stuck With Billions In Risky Leveraged Loans As Investors Flee Credit Markets

"The mix of loans coming to market right now is very difficult to absorb..."

  • Oct 24, 2019 6:55 PM

Amazon Plummets On First Profit Drop In Two years, AWS Miss, Dismal Guidance

This is the third consecutive quarter that AMZN stock has plunged on earnings. Is it time to pull the plug on this epic juggernaut?

  • Oct 24, 2019 6:54 PM

New Jersey's "American Dream" Mega-Mall Set To Crush Nearby Retail Competitors

"...some of the smaller malls that are just surviving, with American Dream opening, they may have more struggles ahead of them."

  • Oct 24, 2019 6:15 PM

"Brink Of Collapse": Hong Kong Businesses Struggle To Survive Amid Violent Protests 

"It's absolutely life and death for us." 

  • Oct 24, 2019 5:35 PM

Meet The Lender That Turned The US Farming Industry Into A Vortex Of Defaults And Lawsuits

"Don’t worry. We’ll make the numbers work..."

  • Oct 24, 2019 4:55 PM

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