Debt Ceiling Deal Keeps Dollar Locked in Devaluation Spiral

Debt Ceiling Deal Keeps Dollar Locked in Devaluation Spiral

Federal obligations will be “paid” with ever more rapidly devaluing dollars. The nation is on...

Higher Unemployment Won't Stop Wages from Rising

The net result of these dynamics is official unemployment can soar but employers will still...

Chicago PMI Unexpectedly Plummets, Longest 'Contraction' Streak Since Lehman

After the unexpected resurgence in April, Chicago PMI plunged in May from 48.6 to 40.4...

Understanding Premiums

When we talk about the spot price of gold and silver, or the return on...

China Manufacturing Slump Heightens Risk of ‘Downward Spiral’

China’s economic recovery weakened in May, raising fresh fears about the growth outlook and prompting...

Global Markets-Drop Ahead of US Debt Ceiling Vote; China Data Rattles Nerves

Global shares fell on Wednesday ahead of a crucial vote in Washington on the U.S....

In Latin America, China Gets Down to Business as U.S. Dithers

For Latin American leaders trying to curb poverty in their own countries, China is a...

Former Treasury Secretary Summers Sees Higher Fed Interest Rates, Increased US Taxes

Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and...

Retail Sector Is The "Soft Underbelly" Of The Economy

Prepare for Retail Apocalypse Part II. While this could be considered a continuation of a...

Why Yellen Doesn’t Lose Sleep Over US Borrowing That Alarms Most Americans

“We have the highest debt than we ever had before,” House Speaker Kevin McCarthy —...

ECB Warns Rate Hikes Are Putting Market Stability at Risk

The European Central Bank said that financial markets will be vulnerable to negative shocks as...

Corporate Bankruptcies at Levels Last Seen During the Pandemic

Despite all of the mainstream talk about a strong, resilient economy, corporate bankruptcies through the...

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