Pacwest Falls More Than 20% As Regional Bank Stocks Slide to New Lows

Pacwest Falls More Than 20% As Regional Bank Stocks Slide to New Lows

Regional bank stocks saw their losses for the week deepen as investors digest the failure...

Paying the Piper: Time to Clean Up the Latest Malinvestments

The Austrian business cycle theory teaches us that low interest rates manipulated by the central...

Labor Market In Freefall As Job Openings Slide, Quits Tumble To 2 Year Low

For months we have been warning that at a time when the US economy is...

S**t Just Hit The Fan Across Markets, Regional Banks Crashing

Weak JOLTS?, Poor factory orders, hot EU inflation, surprise RBA rate-hike, a sudden realization of...

Us May Default on June 1 Without Debt Ceiling Hike; Biden, McCarthy to Meet

U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White...

Gold Advances on Fresh Economic Jitters as Fed Verdict Looms

Gold extended gains on Tuesday and was on track for its biggest daily rise in...

Hard Data That Confidence in the Dollar Is Cracking

It is becoming increasingly clear that the world is losing faith in the United States...

Fed Interest Rate Policy – 2008, 1929, And Now

Continuing with the current policy of higher interest rates might lead to further financial and...

There's a 94 Percent Chance of a Rate Hike on May 3, Then What?

A hike on May 2 is a given. The market perceives a 30.1 percent chance...

One More Hike! Fed Expected To Raise Rates One More Time, Then Start Cutting Rates (Large Bank Failures, Slowing Economy)

The Fed Funds Futures data is pointing to one more hike at the upcoming May...

US Core Factory Orders First Annual Contraction Since Dec 2020

Headline factory orders for March disappointed e3xpectations, rising 0.9% MoM versus +1.3% MoM expected (and...

The Road to a Single Fiat World Currency

What if the world’s states were to come together and create a single world currency?...

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