China has been selling some of those bonds to prop up their own currency. This is supposed to signal the end of the U.S. dollar. What is the dollar's future? The post Is China’s Firesale of US Treasuries The End For The U.S. Dollar? appeared first on The Wall Street Examiner. Show More Summary
Although stocks have recovered somewhat, the six consecutive days of losses have many investors asking, "Is this a bear market?" The post Is This a Bear Market? appeared first on The Wall Street Examiner. Follow the money! See and understand...Show More Summary
Despairing thoughts on what passes for sophistication.
I normally stay out of politics on this blog. But with the upcoming election, the political conversation on fiscal policy is starting to get stupid. In particular, for Paul Martin to accuse Stephen Harper of being the "King of deficits"...
The key report this week is the August employment report on Friday.Other key indicators include the August ISM manufacturing index and August vehicle sales, both on Tuesday, and the July Trade Deficit on Thursday. ----- Monday, August 31st ----- 9:45 AM: Chicago Purchasing Managers Index for August. Show More Summary
Well it is just over two weeks since I began tracking the number of Twitter followers that each federal party leader has during the course of the current election capmpaign in order to see what the impact of this type...
Debra Liese: [An interview with Josiah Ober, author of The Rise and Fall of Classical Greece](http://blog.press.princeton.edu/2015/05/13/an-interview-with-josiah-ober-author-of-the-rise-and-fall-of-classical-greece/): >The period considered...Show More Summary
Rod Hilton: [The Star Wars Saga: Introducing Machete Order](http://www.nomachetejuggling.com/2011/11/11/the-star-wars-saga-suggested-viewing-order/): "Watch the films with them in this order: IV, V, II, III, VI... >...Episode I is gone. Show More Summary
European stock prices, financial contagion and the trade exposure to China. How the turmoil in China’s stock market is affecting European stock markets through Europe's trade exposure to China
Anti-immigration voters and candidates are on the wrong side of history and the wrong side of social science on this: opening the borders—even just a little bit—could make a huge difference for the world’s poor while making Americans richer as well.
Tyler Cowen recently linked to this story in The Guardian, and wondered whether it was an indication of a Chinese recession: China’s Workers Abandon the City as Beijing Faces an Economic Storm Labour disputes are rising and some workers are leaving for the country amid fears a crashing economy could cause political and social unrest […]
Venezuela is desperate but here's why they're getting no support from fellow OPEC members. The post One Oil Producer Wants Emergency OPEC Meeting – Here’s Why It Won’t Happen appeared first on The Wall Street Examiner. Follow the money!...Show More Summary
The market held its gains on Friday. The original crash channels have barely been broken. They may have simply widened a little. Meanwhile the S&P faces a crucial test of major resistance. If this is still a bull market it will behave...Show More Summary
The Hillary Clinton email probe has hit a major nerve - even members of her own party are worried about the success of her presidential run. The post Why the Hillary Clinton Email Probe Is a Deal-Breaker – Even for Dems appeared first on The Wall Street Examiner. Show More Summary
A cheerful song about asthma.
Note: Tomorrow, Saturday, at 12:25 PM ET, Fed Vice Chairman Stanley Fischer will speak at the Jackson Hole Symposium on "U.S. Inflation Developments"A couple of quotes from earlier today...From Binyamin Appelbaum at the NY Times: Fed Official Fischer Leaves Door Open for September Rate IncreaseMr. Show More Summary
One of my constant themes over the past few years is the underfunding of state and local pension plans. Illinois is particularly bad, but let's look at some aggregate data.The National Association of State Retirement Administrators (NASRA)...Show More Summary
The new rules are meant to protect retirees but critics argue the guidelines are too complex
A range of factors, including improved jobs prospects and lower energy costs, are giving consumers the confidence to spend