The Debt Ceiling Farce and Why the US Should Declare Bankruptcy

The Debt Ceiling Farce and Why the US Should Declare Bankruptcy

The US federal government has raised the so-called debt ceiling 104 times since 1944....

Gold Little-Changed as Traders Await Fed Rate-Hike Decision: MW

Gold prices traded marginally higher on Wednesday morning as traders awaited the Federal Reserve’s latest...

US Mortgage Demand Declines 1.2% From Last Week, Purchase Demand Still Down -32% From Same Week Last Year While Refi Demand Down -51% YoY

This is last data dump for mortgage demand (applications) before Biden’s idiotic woke mortgage policies...

Services Survey Show Growth In April But Export Demand Is "Reigniting Inflationary Pressures"

Despite hard data disappointment, soft survey data for Manufacturing showed an improvement in April and...

Druckenmiller On America's Debt Crisis: "It's Like Watching A Horror Movie Unfold"

“The fiscal recklessness of the last decade has been like watching a horror movie unfold,”...

Here’s What to Expect From Today’s Federal Reserve Announcement

Where the intrigue comes in is how the central bank proceeds from here....

Japan Economy Minister Goto Urges Us Banks, Regulators to Tackle Liquidity Risks

Banking sector problems in the United States and Europe were caused by liquidity and interest...

Half of America’s Banks Are Potentially Insolvent – This Is How a Credit Crunch Begins

The twin crashes in US commercial real estate and the US bond market have collided...

Us Regional Bank Stock Futures Extend Losses

In pre-market trading on Wednesday, PacWest fell a further 11 per cent, Western Alliance dropped...

Dollar Gloom Scenario Faces Test With Market Risks Mounting

Wall Street’s bearish stance toward the dollar, about as pronounced as it’s been since early...

ADP Payrolls Unexpectedly Surge To 9 Month HIgh Amid "Clear Slowdown In Pay Growth"

Following yesterday’s ugly JOLTS data, which was so bad it actually sent stocks lower amid...

Gold Holds Ground Above $2,000 as Fed Rate Decision Looms

Gold prices held steady above the key $2,000-level on Wednesday, while investors turned their attention...

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